Product Innovation Gets the Press, Business Model Innovation Gets the Profits

Product Innovation Gets the Press, Business Model Innovation Gets the Profits

Slide 1 — Title: “Product vs. Business Model Innovation: Where Does Innovation Live?” Slide 2 — Agenda: Five sections — The Big Insight, Case Studies, Key Distinction, Defensibility Test, Takeaways Slide 3 — The Big Insight: Product innovation gets the press, business model innovation gets the profits. The foundational product is rarely invented by the winner — the defensible “machine” (distribution, network effects, scale) is what captures value. Slide 4 — Google: Didn’t invent search….

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