How to build a future-proof business: 4 real-world applications of cognitive solutions – IBM Watson

Our current IT systems are being rapidly replaced by cognitive systems that continuously understand, reason and learn like humans do. Unlike older, programmable systems, a cognitive system can ingest and understand large amounts of data, in all its forms (including unstructured). A cognitive system learns from all the data it reads, and from each interaction with the experts and users that train it. It learns from both successes and failures, and it never stops learning.

Source: How to build a future-proof business: 4 real-world applications of cognitive solutions – IBM Watson

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Steve Blank – The Mission Model Canvas – An Adapted Business Model Canvas for Mission-Driven Organizations

The Business Model Canvas has served all of us well in thinking about building businesses – and therein lies the problem. In a business the aim is to earn more money than you spend. What if you’re a government or a military organization or part of the intelligence community? In these cases you don’t earn money, but you mobilize resources and a budget to solve a particular problem and create value for a set of beneficiaries (customers, support organizations, warfighters, Congress, the country, etc.)

Source: Steve BlankThe Mission Model Canvas – An Adapted Business Model Canvas for Mission-Driven Organizations

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Part I: Validate Your Business Model Start With a Business Model, Not a Business Plan – The Accelerators – WSJ

A business model describes how your company creates, delivers and captures value. A business model is designed to change rapidly to reflect what you find outside the building in talking to customers. It’s dynamic and it reflects the iterative reality that startups face. Business models allow agile and opportunistic founders to keep score of the pivots in their search for a repeatable business model.

Source: Part I: Validate Your Business Model Start With a Business Model, Not a Business Plan – The Accelerators – WSJ

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