last days of my visit at NUS bschool this year: warm welcome, fruitful meetings, great workshops, interests in BMGEN, … Thanks Thompson, Poh Kam, Chang Chieh, Luda, Dorothy … marvellous stay!
The aims at presenting the Business Model Canvas for designing, assessing and challenging business models. Business model innovation and industry changes will be illustrated with examples, ranging from start-ups to Fortune 500 companies. Design thinking attitude and customer centricity will also be emphasized for exploring, prototyping and testing business models. Furthermore, business model mechanics, economics and layering will be presented and illustrated. Ground rules and pitfalls in the usage of the Business Model Canvas will be illustrated.
invited by Serguei Netessine (web), at INSEAD, on business model innovation and BMGEN.
Serguei is soon publishing a book on his recent research interest. In “The Risk-Driven Business Model”, Karan Girotra and Serguei Netessine introduce a toolkit to help innovators better conceive the disruptive business models that create wealth and revolutionize industries.
meeting at the Singapore Economic Development Board (EDB), invited by Kian Teik BEH, International Director for Europe - fan of BMGEN (having already participated to a BMGEN workshop in Berlin), with Sze Ling, Lim, Deputy Director, and Kwee Eng Thien, Managing Director
“EDB’s ‘Home’ strategy articulates how we are positioning Singapore for the future. It is about extending Singapore’s value proposition to businesses not just to help them improve their bottom line, but also to help them grow their top line through establishing and deepening strategic activities in Singapore to drive their business, innovation and talent objectives in Asia and globally (more)
meeting with Ted Tschang and Rick Smith, at SMU b-school (web), about the new capstone course they are preparing on business model design, based on BMGEN … 1′000 students per year: 25 cohorts of 40 students!
InnovFest conference with keynotes, meet ups, exhibition and awards, organised by NUS Enterprise, invited by Prof. Poh Kam Wong
“InnovFest convenes leading thought-leaders, groundbreaking companies and emerging technologies to provide a holistic and comprehensive glimpse of the innovation & enterprise landscape in Asia. (more). 4 themes this year: Urbanisation & Future Cities, Aging & the Silver Industry, Technologies Enabling Education, and Bottom-of-Pyramid Technologies
Several awards have been given during the gala diner to recognise leading innovators and promising start-ups; the winner of Promising NUS start-up award was Pirate3D (see previous post here).
presenting BMGEN and related development at the Singapore A*Star ETPL, invited by Kaspar Chong, Vice-President, with other Senior and Executive Vice Presidents
“ETPL is the technology transfer arm of the Agency for Science, Technology and Research (A*STAR) in Singapore. Our charter is to support A*STAR in delivering economic growth to Singapore through commercializing promising technologies from its research institutes (more)
The ETPL team already uses BMGEN in its product conceptualisation, design thinking and business model design processes …
Fritscher, B., Pigneur, Y. (2014) Business model design: an evaluation of paper-based and computer-aided canvases. Proc. BMSD’2014 (forthcoming)
In recent years, Business Model Canvas design has evolved from being a paper-based activity to one that involves the use of dedicated computer-aided business model design tools. We propose a set of guidelines to help design more coherent business models. When combined with functionalities offered by CAD tools, they show great potential to improve business model design as an ongoing activity. However, in order to create complex solutions, it is necessary to compare basic business model design tasks, using a CAD system over its paper-based counterpart. To this end, we carried out an experiment to measure user perceptions of both solutions. Performance was evaluated by applying our guidelines to both solutions and then carrying out a comparison of business model designs. Although CAD did not outperform paper-based design, the results are very encouraging for the future of computer-aided business model design.
talk on BMGEN, organised by swissnex Singapore, followed by the Open House at JFDI.Asia at Block 71
“JFDI.Asia is a community of people who practice, finance and teach innovation. (more) “The “Open House” on Friday is a random collection of geeks, entrepreneurs, investors and creatives gather to eat cheese and change the world at JFDI.Asia’s Innovation Campus. (more). JFDI.Asia revealed last week details of the 13 new Singapore-based startup teams joining its next 100-day accelerator program this month, from Singapore, India, Philippines, Korea, Thailand, Lithuania and Indonesia. (more)
The session aims at presenting the Business Model Canvas for designing, assessing and challenging business models. Business model innovation and industry changes will be illustrated with examples such as Nespresso and airBnB. Design thinking attitude will also be emphasized for exploring and prototyping business models. Finally, the synergy between the business model canvas, lean startup and customer development will be briefly presented for testing business models (more)