Business Innovation

How importance of Business Innovation that a corporate aims. The ultimate goal of business innovation is to increase revenue, no matter what’s happening in the market. Innovation is not about making small changes or simply using new technology just because it’s available; it’s a change in a company’s core business that sustains its growth and revenue

Business model describes 3 things necessarily for a successful business. They are Value Creation, Value Delivery and Value Capture that is customer-centric approach. 

Digital Disruption creates a new business model (Disruptive Business Model). When digital technology changes the value of products and services in the market.  Business could not avoid transformation. Some business just adjust,  some business have to change. Business needs to find innovation trinity that meets the 3 needs;  Desirable, Viable and Feasible.

Entrepreneur therefore need to learn and understand of design business model and strategies that will change through disrupting new business models.  Designing of Business Model is vant value that responds to related models such as Marketing Model, Service Offering Model, Capability Model, Sustainability Model, etc.