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TRIZ Journal's December Issue

TRIZ Journal’s December Issue

| On 01, Dec 2015

December Issue

 

The year is coming to a close, snow is falling and with the New Year right around the corner, it is time to start thinking about those New Year resolutions. For businesses, the end of the year can be time to celebrate or time to sweat drops of uncertainty and panic.

Many businesses are under pressure to find a new way to do business and stay relevant, which is not easy to say the least. Questions arise such as “Should we close our other product manufacturing since we are losing market share?” and “Our customers are churning left and right, what do we do?” When these questions arise, it is always wise to think back to basics–your business model. For this reason, the December Issue is dedicated to business models and how to utilize TRIZ to heal, sustain and grow your business.

A business model applies to all, regardless of your size, revenue or cash hoard; as long as you have something to provide a customer then you have, or need, a business model. This could be as simple as a one-person TRIZ consulting business or as complex as Amazon. Do you know your model? Do you know why customers are willing to buy from you and not others?

This month, I challenge you to ask the hard questions, uncover your true business model and then use TRIZ thinking to come up with other, more ideal ways, to get the job done. Enhance your business model using inventive resources, catapult your business model by resolving the contradictions and direct the future by leveraging patterns. You may be surprised what you turn over. I will tell you that The TRIZ Journal is asking many questions regarding its model; there should be no assumption untested or idea not considered. 2016 will prove to be a pivotal year for the journal!

Thank you for being a continued TRIZ Journal supporter!

If you would like to submit an article or have thoughts on how to improve the issues, please contact me at Derek.Bennington@BMGI.com. I look forward to connecting with each of you personally via email or LinkedIn.

Derek Bennington
Managing Director

 TRIZ Journal Linkedin Group

FEATURED NOVEMBER ARTICLES

 

 

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Make Your Voice Heard!
November marks 6 months since BMGI took over the journal! We have learned a lot in these first months; however, we would love to hear your feedback. Below is a link to the initial readership survey. The more we hear from you, the more we can forge the right path going forward. Thank you for your support! Take the Survey

 

 

risk, RCA, business model

By Valeri Souchkov
The paper presents an approach to Business Model Innovation based on a combination of key TRIZ principles and tools and a new approach to business modelling which introduces building blocks to describe and represent business models.. Read More

 

 

Crowdsourced and Crowdfunded Business Models Viewed as Complete (Technical) Systems

By Timothy Brewer, Ellen Domb, Joe Miller, Darrel Mann

Application of the classical 5 element model and the enhanced 6 element model to the crowdsourcing and crowdfunding new business models will demonstrate both the effectiveness of the TRIZ analysis… Read More

 

 

Using the TRIZ System Operator to Compare Traditional Product Development to Crowdsourced Product Development

By Timothy Brewer, Ellen Domb

The emergence of crowdsourced design companies and the crowdsource business model have made major changes in the way that new business ideas are launched. Inventors’ risks are reduced dramatically, since they learn very quickly whether there are any customers… Read More

 

 

Applying TRIZ on a Biz Model

By Lorenz Buchler, Claudia Hentschel, Oliver Mayer

The tools that accompany the Theory of Inventive Problem Solving (TRIZ) originally revolve around improving or redesigning physical entities. These tools rely on the abstraction of the problem at hand. This paper showcases how selective TRIZ tools can be applied to the improvement of a particular business process.…Read More

 

 

High angle view of businessmen hands touching white papers arranged on a rustic wooden table forming a yellow light bulb. Conceptual for bright business ideas and innovations.

Repost: 40 Principles of Business

By Darrell Mann

Interest in the possible applicability of TRIZ tools and techniques to the world of management and organizational innovation issues continues to grow. The aim of this article is to place the 40 Inventive Principles of TRIZ in the context of this business environment.…Read More