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Full Description
Launch new ventures and grow existing businesses by discovering innovative solutions and business models that resonate with your customer's needs
Key Features
Learn how to dissect business models and create new ones that unlock maximum value
Discover how to use Design Thinking to deliver solutions that resonate with the market
Integrate Design Thinking with business model innovation for scalable, innovative business designs
Purchase of the print or Kindle book includes a free PDF eBook
Book DescriptionGlobally, 275,000 new business ventures get launched every single day, and ninety percent of them fail. One of the most fundamental reasons for that is that they don't solve a real market problem that a real market population has, in a way that resonates with that market and sells their solution. Consequently, they struggle to gain traction and attain scale.
In this book, you'll learn what business models are. Additionally, you'll find out what business model innovation is and, ultimately, how to use Design Thinking to identify not just a winning value proposition but also bring that value proposition to the market in a way that resonates with customers. In doing so, you'll be able to unlock maximum value for your business, allowing it to attain maximum scale through growing waves of adopters.
By the end of this book, you'll understand what you need to do to uncover your target markets' 'reason to buy', as well as how to wrap a winning business model around that reason so that your business can gain traction and achieve scale.What you will learn
Understand the fundamentals of business model innovation and its role in driving organizational success
Explore how to craft human-centered business models and their significance
Master Design Thinking for resonant value propositions and business models
Discover innovative solutions that address genuine customer aspirations
Find out how quantitative and artificial intelligence approaches enhance human-centered validation
Overcome past marketplace failures with innovative ideas
Build a human-centered business model that withstands market forces
Who this book is forThis book is for individuals in leadership roles like CSOs, CIOs, CTOs, CEOs, and those responsible for launching and growing new business ventures. It builds on your existing business knowledge, showing you how to design businesses that grow inherently by connecting with markets through innovative, human-centered solutions and business models. A foundational understanding of business operations is assumed.
Contents
Table of Contents
The Value Machine - What a Business Model Is
Cogs in the Machine - What Makes Up a Business Model
Going a New Route - What Business Model Innovation Is
A Matter of Reason - When, Where, and Why Business Model Innovation Is Needed
The Master Designer - How to Dissect Business Models and Develop New and Better Ones
The Business Model Toolbox - An Evolution of Tools for Business Model Innovation
Thinking Like a Designer
Thinking Like a Scientist - Centering Our Design around Humans
Acting Like a Designer - The Design Thinking Process in Application
Working the Problem Space - Up and Down the Mountain
Intermission
Working the Solution Space - Up and Down the Next Mountain
Design Thinking's Final Act (So Far) - Our New Solution
Back to Business Model Innovation - à la Design Thinking
Execution - Bringing Our Business Model to Life
The Final Outcome - Consistent Ongoing Success
