About Board of Innovation

Board Of Innovation is a European office specialized in new business models. Our focus: consulting and inspiring organizations in exploring new media and new business models.

When business models die…

The music industry is only one of the battlegrounds where old business models are struggling to survive. Record labels and retail stores are almost desperately looking for a raison d’être. But not only in the media industry the rules of games are changing. Now more and more companies are competing with different (open) business models within one industry. Industries like Automotive, Telecom, Media, Banking, Airlines, Health, and many others are fundamentally changing. Fueled by new digital opportunities whole value chains are shaking. Faced with smart and powerful consumers, many organizations need to change. Exploring and developing sustainable business models here is key. That is where we come in with Board of Innovation. We assist organization in finding extra income streams and help them build strong partnerships to make this happen.

New ways of doing business

Want free access to adult content? Pay with a service instead!

We all know the big examples like Apple, Google and so forth. But in every sector we can find these small but remarkable ideas to innovate a business model. An example: Did you know that many free adult website are largely financed due to the fact that these ‘free’ visitors are paying with a service? When entering the adult website people first solve a small CAPTCHA-code (you know, those irritating letters you have to type over to prove you’re a human). In the back, these solved codes are used to enter another website that can than be used by spambots. How can your visitors or clients help you to strengthen your business?

Make $2000 dollar with the sale of laptop worth $1300

Ever wondered how to make a lot money in no time? Internet auction platforms like Swoopo.com illustrate how to do so. Via group auction they sell gadgets like a new Macbook. Participants buy bids for 60 dollar cent. Each time they place a new bid (and pay $0.6) the price of the Macbook goes up with one dollar cent. This leads to a situation where people are placing thousands of bids on one products and by doing so generating a few thousand dollars of revenue for swoopo. If the final deadlines passes and no more extra bids are placed, one person gets the Macbook at the cost of a few bids and a several tens of dollars. A lucrative model to learn from.

You can’t look into the future with tools from the past

While 99% of all efforts and tools are still focused on product and process innovation, research shows that business model innovation impacts 25 times more on your organization’s competitive advantage. Societal changes, new technologies, unexpected competitors, all push organizations to innovate and develop new business models. That is what we are passionate about.

Organization

Board Of Innovation was founded in 2009, and has its home base in Antwerp, Belgium. This chart shows how our activities are organized. Read more about our services.

Board Of Innovation offers its services through a combination of workshops, trend studies, training, and business development projects.

Interested in our approach? Contact us.