Rod's Page

It’s 2010, the start of a new year as well as a new decade. Many people are setting goals. Some people are not.

Does goal-setting really matter? I think it does matter, especially in a team or group of people involved in a project. How else would the group know where it is going? But again, non-goal-setters may ask, “Is it necessary for a group to know where it is going?” Again, I think it is necessary and does matter.

Anyway, in the context of goal setting, there seems to be two types of goal… Continue

Business Model Innovation is a relatively new concept. In the book, "Mastering the Hype Cycle," Jackie Fenn and Mark Raskino note that the term "business model" arose in the mid-1990s. The concept of business model has gone through three stages of the Hype Cycle: Technology Trigger; Peak of Inflated Expectations; Trough of Disillusionment. Business model and its associated concepts may now be on the "Slope of Enlightenment" and advancing towards the "Plateau of Profitability." This is good news… Continue

You've used the Business Model Canvas to prepare or document your innovative business model. So, what's the next step? In other words, what tools or methodologies should be applied after knowing and sharing ideas on how your business should innovatively create value for customers, investors, and other stakeholders?

Two tools readily come to mind and both are developed by Robert Kaplan and David Norton. The tools are Strategy Maps and the Balanced Scorecard. Bo… Continue