4. 75% OF COMPANIES FAIL ONLY 1% OF BUSINESS PLANS SUBMITTED TO A VC GET FUNDED 1 % OF START-UPS PROVIDE 40% OF NEW JOBS AND ARE CONSIDERED HIGH GROWTH f ail in 1st year f ail in 2nd year fail in 3rd-4th year fail in 5th-8th year fail in 9th-10th year Did you know that.. .?
33. International Views on Business Model Innovation I am an ENTREPRENEUR (..) I am starting a new venture in the fast food industry and BUSINESS MODEL INNOVATION has enabled me to identify and approach the customer problems in a different way. N assar H ayat , London, United Kingdom , Entrepreneur M ODELS enable scale , and anything that enables scale has to be constantly tweaked to the evolving DYNAMICS of the market. We look at markets like India and China and the DIVERSITY of marektplace and the pace at which the demographics themselves shift makes it an absolute measure for BUSINESS MODELS to be able to evolve , innovate - to survive . Vijay ANand , Chennai, India, Entrepreneur and head an Incubation C entre Generating BUSINESS MODELS is a great tool for business discussion , making it possible to identify what's the most important set of information for you to understand the way a business works. It's a GREAT SYNTHESIS TOOL . Rafael Shoiti Ozaki, São Paulo, Brazil , Entrepreneur and engineer for Plataforma Tecnologia B USINESS MODELS are the essence of doing business . Taking an idea into a WORKING BUSINESS MODEL and t hen putting it into practice is great F UN . Martin Oltegen, Lund, Sweden, Change Management Consultant and Entrepreneur For companies in search of growth , BUSINESS MODEL INNOVATION can both address customer needs and keep competitors at bay. As the economy starts moving again, that may well be the key to success . FORBES , USA The key success of every business is BUSINESS MODEL . When I invest in stock market, the most important thing for ANALYZING is BUSINESS MODEL. Permsak Jukmongkonchai , Bangkok, Thailand , Investor Opportunities for BUSINESS MODEL INNOVATION are right in front of every organization . But to pursue them, executives have to RETHINK their CORE beliefs about the who , what and how of their business. A nn B axter , DELOITTE Deloitte Research, Global Director
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