Posts Tagged ‘business model’

Systems Thinking & Business Models

Saturday, December 31st, 2011

In my work on business models I always felt intuitively that there are as many connections to systems thinking as they are between systems and networks, but I never had the opportunity to explore these links further. That is until a project with Philadelphia University offered the opportunity to dig a bit deeper into the matter. The project was in the context of Philadelphia University’s Fellow Program, which exposes the faculty of  the College for Design, Engineering and Commerce (DEC) to pairs of Fellows from different disciplines through 1-2 day workshops.

For this particular workshop I teamed up with Prof. Jeremy Bowes of OCAD University, who teaches the graduate course “Understanding Systems” in the Strategic Foresight & Innovation program and who was on sabbatical and ready for that kind of exploration. Over several weeks Jeremy and I worked hard on comparing approaches, vocabulary and concepts until we had a common foundation to actually talk about the workshop’s content itself. From there our exploration began and slowly a common vision of the interplay between systems and business models started to emerge. We presented our understanding of that interplay at the Philadelphia workshop on December 14 and 15, which was well received. Now the exploration continues and there are many more insights to gain.

Philadelphia’s DEC College is in itself a bold experiment in interdisciplinary post-secondary education, building a common core between the faculties of Design, Engineering and Commerce. By creating the space for faculty and fellows to explore and experiment they are creating an excellent innovation environment to bring much needed answers to the state of post-secondary education.

The Future CIO – Seizing the Opportunity for Change

Tuesday, August 2nd, 2011

Produced by IT World Canada and in cooperation with the CIO Association of Canada, CIO Exchange is a one-day peer-to-peer forum where senior IT executives share their insights and global expert advice around questions that keep the CIO community up at night.

This year’s CIO Exchange will be held 12:00 PM to 5:00 PM on September 15, 2011 at the Toronto Board of Trade, 77 Adelaide St. West, 4th Floor, Toronto. The theme is focused on the transformation of the ICT function in the organization and the implications for the role of the CIO in the future.

More information and registration here.

Investigating “For Benefit” Business Models

Saturday, August 7th, 2010

In September 2009 the Design Faculty at OCAD University inaugurated a new and exciting Master of Design (MDes) program in Strategic Foresight & Innovation. The program initially will be on a part-time basis with a first cohort of 21 students. The program is focused on graduating “change leaders” and uses an interesting multidisciplinary approach not only in its content design but also in the selection of candidates for the program and in the delivery of learning experiences  using more than one instructor in the classroom whenever possible.

OCAD Main Building at 100 McCaul St.

As part of a newly developed course on “Business Model & Policy Innovation” graduate students self-organized in small groups and selected organizations with innovative business models to investigate over the summer semester. Organizations studied include Bullfrog Power, Toronto International Film Festival (TIFF), Artscape, Pollution Probe, Zero Footprint, The Stop and Acumen Fund. The investigation looked at the current business model, alternative models, external factors impacting the organization, in particular policy and regulatory issues. Each group produces a strategic report documenting their work and findings.

The final reports will be presented and defended in two public critique sessions on Friday August 13 and 20 in the presence of OCAD faculty and some representatives from the organizations selected. If you are interested to attend, send an email to nharfoush [at] faculty.ocad.ca for details of the events.

The Business Model Generation

Thursday, October 1st, 2009

After months of hard labor, several writer blocks, and many inspirations co-authors Alex Osterwalder and Yves Pigneur have completed their book Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. It was released hot off the press September 30, 2009.

bmgen_cover

The book provides an excellent overview of business models, both existing and emergent. It includes the Business Model Canvas tool, which has been put to the test already in a variety of situations with excellent results. Business Model Generation also stands out among similar business books in the care and effort invested in its design under the creative auspices of Alan Smith of The Movement.

Adding to the many interesting aspects of this book is the story of its writing. 470 practitioners from 45 countries collaborated with the co-authors on its content through a wiki-type collaborative environment called the Business Model Innovation Hub. [Full disclosure: I am one of the 470 contributors - No material interest in sales though]. The authors released chunks of their book as they were writing them and hub participants engaged in review, critique and contributions to those chunks. Even designs were put in front of the hub members. On the day of its release there were already 1000 copies pre-purchased in 55 countries!

The result is an outstanding book that is definitely worth reading. The story of the book making is worth telling on its own. We were hoping it could be told at the Fifth Business Innovation Factory conference held next week in providence, RI. Timing problems prevented securing one of the slots for story telling. We’re still hoping to be able to tell this remarkable story on the sidelines of BIF-5 and in other venues.

You can see a 72-page PDF preview of the book here. If you are interested in getting your copy, you’d be well advised to purchase it from the authors site here where the book will be available for limited time at the affordable price of $36. After that the book will be sold through Amazon with an anticipated price of $70.

Congratulations to Alex and Yves on their achievement. We are proud to have participated in this interesting and creative undertaking.