Business Model Innovation: Examples - Softcover

Teng, Dr Michael

 
9781507813225: Business Model Innovation: Examples

Synopsis

Business models do become obsolete very rapidly nowadays. Business model is how to capture, create, develop and deliver value to the customer and market. In this booklet, the author lists the many examples of business models that companies may wish to adopt and innovate. Many businesses fail because they let their business models fall into stagnation and their value proposition to their customers gets eroded. Although business models can be similar, businesses are not. Businesses are different when they innovate or re-evaluate their business model by asking themselves who they are, with whom they work, how they can capture and create value, and how sustainable the model is.

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About the Author

Dr Mike Teng is the author of another best-selling book "Corporate Turnaround: Nursing a sick company back to health", in 2002. His book is endorsed by management guru Professor Philip Kotler and business tycoons Mr Oei Hong Leong and Dr YY Wong. He had authored more than twenty seven management books mainly in the productivity and innovation topics. His latest book is entitled: Business Model Innovation: Introduction to Implementation. He has more than 30 years of experience in managing mergers and acquisitions, strategic planning, operational management responsibilities in the Asia Pacific region. Of these, he held Chief Executive Officer’s positions for 20 years in multi-national and publicly listed companies. He also used to advise several boards of directors of publicly-listed companies. Dr Teng is currently the Assistant Secretary General of Singapore Manufacturing Federation. Dr Teng served as the Executive Council member for fourteen years and the last four years as the President of the Marketing Institute of Singapore (2000 – 2004), the national marketing association. He is currently the President of the National University of Singapore MBA Alumni and the past President of the University of South Australia alumni as well as the past Chairman of the Chartered Management Institute, Singapore Branch. Dr Teng holds a Doctor in Business Administration (DBA) from the University of South Australia, Master in Business Administration (MBA) and Bachelor in Mechanical Engineering (BEng) from the National University of Singapore. He is also a Professional Engineer (P Eng, Singapore), Chartered Engineer ( C Eng, UK) and Fellow Member of several prestigious professional institutes namely, Chartered Institute of Marketing (FCIM), Chartered Management Institute (FCMI), Institute of Mechanical Engineers (FIMechE), Marketing Institute of Singapore (FMIS), Institute of Electrical Engineers (FIEE) and Senior Member of Singapore Computer Society (SMSCS). He is also a Practising Management Consultant (PMC) and Advanced Training and Assessment Certificate (ACTA) certified by the Singapore government.

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