Business Model Innovation

Availing taxi service has been simplified by Uber – the business model disruption erupted, taxi owners called for a massive strike globally, “how can simple mobile applications company without owning a single taxi can change the way this multi-billion dollar business has been done for decades?”

On the day of mass taxi strike, bookings on Uber has shot-up to 800%+ when compared to a regular business day; this helped Uber in a massive way with free publicity, mass viral marketing, more mobile app downloads, prime-time news coverage across geographies. Uber went on expansion spree with more mobile users were downloading its application without even targeting. Eventually no one is stopping anyone from using Uber, it’s a business model disruption like once dream of flying made possible by Wright Brothers first powered flight, the mode of long-distance commuting changed. 

When e-commerce for ticketing was introduced, the way you book or buy tickets completely changed. Today travel ticketing, hotel booking are the major e-commerce spend globally.

Razor and Blade Business Model!!

Gillette for decades sold the razor at clearance-give-away prices, but sold the blades for a bomb. Who saw this as an opportunity to implement in their own business “Business Model Innovation”?

• HP did it, sold its inkjet printers at low-cost with a premium pricing on ink
• Nestle Nespresso creatively copied this model, by selling cheap coffee machines and expensive coffee
• Amazons Kindle, sold cheap digital readers to sell e-versions of books at high price when no material and shipping cost is involved
• Apple iTunes, disrupted the music industry by giving free iTunes application but charging for every music download, made music CD’s and DVD’s obsolete very soon, also made downloaded music not shareable between multiple users which was the major leap forward in protecting IP in digital content

There are 55 such business model patterns identified by researchers at University of St.Gallen, which was borrowed from an industry/business to different industry/business.

What is your business model innovation?

Use the comment section to write about your observation, ideas, and more on this discussion topic.

Developed Photographed, Under-developed explained !

The dew on these leaves symbolises the sweat of a hard worker.

Every day in Africa, thousands of people get on their foot in search of food, water, shelter, and cloths.

"Developed are really developed and looking out for new planet, under-developed are merely thought about development in this planet called earth. - Sashidharan Balasundaram."

India Aviation: Government Control over plane purchase relaxed

Indian aviation industry will need a minimum of 1043 new airplanes for carrying the growing base of travellers with in the country and also to carry the freight across the country & internationally.

With the entry waves of Air Asia in India, existing low cost carriers are threatened by further price reductions.

Airbus said in a report last year, 1043 airplanes by 2030 will cost USD145 billion to satisfy the rising demand in the country.

Local carriers like GoAir, Spicejet, Jet airways, AirIndiaExpress, Air Asia and others will now require just a no-objection certificate to start operations and will have the freedom to induct planes without getting approval from the ministry of civil aviation.

A government statement said on March 21, 2013.

Green Tea

Green Tea - Camellia Sinensis

Humans, we have been drinking tea for thousands of years, but in the last couple of decades a number of potential health benefits have been attributed to this age old beverage. Black Tea and Green Tea are made from the same plant, but a higher level of the original substances endure in the less-processed green form.

Medical Benefits:

Cancer Prevention;
Gingivitis - non destructive periodontal disease;
Diabetes;
Heart Disease Prevention;
High Cholesterol Control;
Influenza Prevention;
Liver Disease Prevention;
Rosales - Pimples;
Sun Damage Protection;
Weight Loss;

White Label ATMs - WLAs in India

Non-bank entities that setting up, owning and operating ATMs in India is called as White Label ATM Operators (WLAO). Non-bank owned & operated ATMs are called as White Label ATMs (WLAs).

On June 20, 2012 Reserve Bank of India (RBI) invited applications from minimum Rs.100 Crore net worth non-bank entities which incorporated in India under Companies Act 1956, to get authorisation to set up WLAs.

With an 23-25% year-on-year growth in the number of ATMs (90,000+ presently), their deployment has been predominantly in Tier I and Tier II centres. Adding on to banks efforts in this direction lots more to be done.

This move from RBI is to encourage setting up ATMs in Tier III and Tier IV centres and rural India.

After obtaining authorisation from RBI under the Payment and Settlement Systems (PSS) Act 2007 WLAs can start the operations in India. As a prerequisite non-banking entities getting authorisation for WLAs shoulda maintain a minimum net worth of Rs.100 crore at all times.

Information Source: www.rbi.org.in

'PerFormer' will be a 'Former' one day.

All the great team will have their bad day.

In today's (18-01-2013) match Australian Cricket Team scored its 2nd least score of 74 runs for a 10 wicket loss against Srilanka Cricket Team. Score card was reading in 18 overs 38 runs for 8 wicket loss. The last 2 wicket partnerships scored equally to the prior 8 wicket partnerships.

Any day it's a sport. Take it sportive. No fights and No complaining about the players - we are not experts to evaluate their performance in one match.

They, players, have come a long way playing the same sport and yes, there is a time to retire - let them decide on it. They are published around the world, they play for a national team, they made us proud at many a times, they even won the World cups, they know when they are ill, they know when they are struggling, they know when to say good bye. Lets give them their space.

#Respect the Sport #Respect the Performer #No Performer is God #PerFormer will be a Former one day.

Petrol Vs Diesel

I have gained momentum in India over last 30 years and now standing at a point you will never reach says Petrol.

I have powered and energised the economy of India during my entire life span in this land. I have created millions of lorry wallas, where I am the lifeline to run their own business. - says Diesel.

I have energised the air transport which make you reach across continents in few hours or in couple of days. - Says Petrol.

I have energised N number of ships all around the world which carries even you to the nook and corners of human space. - says Diesel.

Now the question time!!

Come you tell me who is highly beneficial to the human kind ? Who will help any economy to sustain even in massive economic falls ? Who will help a nation to win wars ? Who is friendly to environment ? Who does more good to you ?

Who wins the race Petrol or Diesel ??

Target - Petrol Vs Diesel.