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Last week in theVijay Govindarajan Breakthrough Innovation with the Three Box Solution video series we learned a bit more about Three Box thinking through a brief, illustrated history of the high jump.
This week VG turns to business model innovation and balancing your Three Box strategy. Over two videos totalling 12 minutes he outlines the definition of a business model, the role of dominant logic, and the importance of the performance gap vs opportunity gap.
Video 6: What is a Business Model
Video 7: Strategic Balance
Vijay Govindarajan began his academic career as an associate professor at the Indian Institute of Management in 1978, after gaining his MBA and DBA from Harvard Business School. He has been associate professor at Harvard University and Ohio State University, and a visiting professor at the International University of Japan and INSEAD. In 1993 he was named a Top 10 Professor in Corporate Executive Education by BusinessWeek and in 1998, a Top 10 Indian global management guru by Businessworld.
A regular member of the Thinkers50 ranking since 2011, VG is also the recipient of the 2015 and 2019 McKinsey Awards for Best Article in the Harvard Business Review.
VG is widely regarded as one of the world’s leading experts on strategy and innovation.
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Three Box Solution Module 1 in progress
Three Box Solution Module 2 to come
Three Box Solution Module 3 to come