Business Model

GE's FirstBuild exemplifies a successful business model that incorporates crowdfunded ideas and community rewards to develop and sell innovative home appliances.

Johnson & Johnson and Janssen's Derick Kurdy and Neel Tilak discuss the importance of innovation culture and working with key suppliers to support it.

The ability of a firm to prepare the business for the future while also supporting current operations.

A company's Business Model incorporates everything that the business does to capture value such as its products or services, customers, revenue streams and cost structures.

Business Model Innovation is the process of changing a company’s business model in order to create new sources of value and competitive advantage.

Digital Transformation is the process of leveraging digital technology to create new or modified business processes, products, services, and experiences that can help organizations increase their efficiency, effectiveness, and competitive advantage.

Innovation strategy is a comprehensive plan to develop and implement new products, services, or processes that will help an organization achieve its goals.