As Business Week reports in this article, Apple is having major success with the iPhone AppStore. This time around, Apple appears to have learned a critical lesson about ecosystems that they ignored with the Mac. Specifically, Apple is now paying attention to the application developers who are part of their ecosystem.
As leaders, how do we create customer-focus throughout our organization? It is often easy to get distracted by internal issues and forget the customer. A recent experience suggests that perhaps our mindset needs to shift to what I call the “100% Commission Mindset” to encourage more customer-focused thinking and behavior. I recently led a multi-day…
The Economist just published a fantastic profile of Rolls-Royce (who makes aircraft engines, not just luxury cars) that is well worth reading to learn about how different business model elements can be combined to create a successful company. Some key points to look for: The company made a big bet on a particular underlying technology for jet engines. …
Microsoft has applied for a patent which would enable a shift to a "pay as you go" business model for personal computing. Some of the details are reported here. What does this mean from a business model perspective?
Over the past several years, the music industry has undergone tremendous transformation with a shifting balance of power between artist, labels, consumers, and new players like Apple. The latest move by U2 to collect money from Live Nation highlights the business model shifts occurring in the music industry.
