business model generation & design workshop business model innovation CNU TECH SUMMER PROG 2013 2 3 paths for business model innovation* Business Model Innovation Industry model (IM) Innovation Innovating the industry value chain by: moving into new industries redefining existing ones or creating entirely new value chains * IBM study Revenue model (RM) Innovation Innovating how revenue is generated through: new value propositions pricing models Enterprise model (EM) Innovation
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CONTENTS 6 APPENDIX............................................................................................................ GLOSSARY WRD - Weibill’s Reliability Distribution RBD - Reliability Block Diagram MSG - Maintenance Steering Group RCM - Reliability Centred Maintenance EDP - Engine Driven Pump EMDP - Electrical Motor Driven Pump FTA - Fault Tree Analysis ABSTRACT The reliability analysis of Boeing 737NG’s hydraulically actuated
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Explain what is meant by a business model In general a business model describes in which way a company can generate revenue‚ and hereby makes profits from their respective operations. It is used by‚ for example‚ already established companies‚ which seek new forms of innovation strategies to put themselves in a stabile spot in the growing competitiveness among other companies. It is hereby also used by entrepreneurs‚ who are new to the business market‚ and want to be innovative and carve out their
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GN Resound Business Model; To appropriately recommend GN Resound on how to move forward with their decision making processes‚ it is important to understand the business-model as a whole. In particular the issue with retail – can be determined by once again clarifying how GN Resounds business model looks now and therefore be able to explain efficiently how their business model should look moving forward and which strategies GN should consider. To identify how GN Resounds business model is we have
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The Iron-Carbon Diagram There are two iron-carbon equilibrium diagrams: - stable iron-graphite Fe-Gr - metastable iron-cementite Fe-Fe3C The stable condition usually takes a very long time to develop. The metastable diagram is of more interest. Fe3C iron carbide called cementite because it is hard. Following phases exist on Fe-Fe3C diagram: - liquid solution of iron and carbon (L) - ferrite ( ) – an interstitial solid solution of carbon in Fe (bcc). At room temperature ferrite is ductile but
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What is Business Model? The article “What is Business Model?” is written by Andrea Ovans‚ a senior editor in the Harvard Business Review. The article deals about the different views of about what is actually meant by business model. Different scholars do have their own thoughts about the meaning of business model which is crucial to the success of the business in this competitive business environment. Michael Lewis has defined the phrase business model as “a term of art”. He say that business model
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Strength 1) Dell ’s Direct Business Model which consist of the five principles: Most efficient path to the customer - through direct relationship with no intermediaries to add cost and confusion Single Point of accountability - so that resources necessary to meet customer needs can be easily marshaled in support of complex challenges. Build-to-Order - provide customers exactly what they want in their computer systems through easy custom configuration and ordering. Thus eliminates the maintenance
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The airlines industry has historically been one of the most unprofitable industries. The reason can be explained when incorporating Michael Porter’s famous Five Forces Model. The threat of competition is Southwest Airlines Co. (NYSE: LUV) is an American low-cost airline based in Dallas‚ Texas‚ with its largest focus city at Las Vegas ’ McCarran International Airport. It is the largest airline in the United States by number of passengers carried domestically per year and (as of December 31‚ 2007)
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COMPONENTS OF A QUALITY DEBATE: Terminology and Crafting a Solid Debate Brief There is a lot of terminology surrounding any debate. In order to be properly informed and to construct a solid debate brief‚ you must familiarize yourself with the lingo (Come on‚ you know you wanna Geek out and be in the know)! A debate centers largely around writing from a deficit model. 1. The Deficit Model of Writing a. The Deficit Model of Writing focuses on identifying areas that need to be improved
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- Material culture Tangible things created by members of a society - Only humans rely on culture rather than instinct to ensure survival. The Components of Culture - Although culture vary‚ they all have five common components: a) Symbols b) Language c) Values d) Beliefs e) Norms A) Symbols - Anything that carries a particular meaning recognized by people who share culture - Example : Tattoos • Not understanding the
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