5
© Starcher Group LLC For the sole use of client Starcher Group Business Model Ecosystem Mapping Bruce Starcher

Want to grow your Market Value? Map your Ecosystem and its Business Models!

Embed Size (px)

DESCRIPTION

What is an ecosystem? Drawing the precise boundaries of an ecosystem is an impossible and, in any case, academic exercise. A business ecosystem includes Companies to which you outsource business functions, Institutions that provide you with financing, Firms that provide the technology needed to carry out your business, Makers of complementary products that are used in conjunction with our own, Makers of substitute products and services, Competitors and customers, when their actions and feedback affect the development of your own products or processes, Entities like regulatory agencies and media outlets that can have a less immediate, but just as powerful, effect on your business

Citation preview

Page 1: Want to grow your Market Value?  Map your Ecosystem and its Business Models!

© Starcher Group LLC For the sole use of client

Starcher Group

Business Model Ecosystem Mapping

Bruce Starcher

Page 2: Want to grow your Market Value?  Map your Ecosystem and its Business Models!

© Starcher Group LLC For the sole use of client

Starcher Group

A business ecosystem includes…

– Companies to which you outsource business functions– Institutions that provide you with financing– Firms that provide the technology needed to carry out your

business– Makers of complementary products that are used in

conjunction with our own– Makers of substitute products and services– Competitors and customers, when their actions and

feedback affect the development of your own products or processes

– Entities like regulatory agencies and media outlets that can have a less immediate, but just as powerful, effect on your business

Source: Strategy as ecology, Marco Iansiti, Roy Levien, HBR March 2004

Drawing the precise boundaries of an ecosystem is an impossible and, in any case, academic exercise

Page 3: Want to grow your Market Value?  Map your Ecosystem and its Business Models!

© Starcher Group LLC For the sole use of client

Starcher Group

Ecosystem Mapping at the Business Model level

Value Delivery Systems

Current and potential players

Strategic Control Points

Ecosystem building blocks

Profit Pools

Profit Models

Customers & Experiences

Customer Value Gaps

Kodak, Fuji, HP, Nikon, ...

Nokia, Motorolaetc

Adobe, MSFT, HP, Kodak, Canon, Corel, Apple, etc

Today's player

Qualex

Kodak, HP, Canon, Sony, Nikon, Konica, Fuji, ...

Kodak, Canon, Nikon, Konica, Fuji, Pentax, ...

Palm, Sony, ...

Kodak, Sony, Fuji, Pixel Magic, ...

Many, ...

Kodak, HP

TiVo, ...

Comcast, ...

Kodak

Many ...

HP, Canon

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurpose

Store

Consumer info-imaging strategic landscape

MediaScreen

HP Company Confidential

Capturein the

moment

P lannedcapture to

share orpreserve

Acquireto use

Viewedby many

Viewedby few

Bulkprints

Individualprints

Online

PC

Non PC

Partner

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurposeStore

Consumer info-imaging strategic landscape

MediaScreen

HP Company Confidential

Capturein the

moment

P lannedcapture to

share orpreserve

Acquireto use

Viewedby many

Viewedby few

Bulkprints

Individualprints

Online

PC

Non PC

Partner

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurpose

Store

Consumer info-imaging strategic landscape

MediaScreen

HP Company Confidential

Seamless Ecosystem, Customer Relationship

Retail relationship

Retail relationship

Retail relationship

Traffic controller

Traffic controller

Strat control pt.

DI in-moment on-ramp

Traffic controller

Traffic controller

DI in-moment on-ramp

DI retail on-ramp

DI home on-ramp

IP

Strategic control pointsSeamless ecosystem - keeps customers w/in EK profit poolsCustomer relationshipmultiple customer touch points enables owning the customer relationshipTraffic controller - directs customers to EK profit pools.DI on ramp - steers customers onto the EK ecosystem and experienceRetail relationship - steers customers gracefully off EK ecosystem and experience via profit pool.Capture

in the moment

Plannedcapture to

share orpreserve

Acquireto use

Viewedby many

Viewedby few

Bulkprints

Individualprints

Online

PC

Non PC

Partner

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurpose

Store

Consumer info-imaging strategic landscape

MediaScreen

HP Company Confidential

Retail relationship

Retail relationship

Scanner in Pic turemaker

kiosk

Partnership with carriers

DSCsAgX

Ofoto, Easyshare,

K odakMobile

Central labs

Partnership with Noritsu

PictureMaker kiosks

Dye-sub dock printer

TiVo-PC connect

Dock enabled TV connect

TiVo-Ofoto connect

InkJ et printers

Capturein the

moment

P lannedcapture to

share orpreserve

Acquireto use

Viewedby many

Viewedby few

Bulkprints

Individualprints

Online

PC

Non PC

Partner

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurpose

Store

Consumer info-imaging strategic landscape

MediaScreen

HP Company Confidential

EK profit pool Potential EK profit pool

EoU-largeimage quality-largecost-lowfeatures-med

Customer Value Gap

EoU-largecost-largespeed-lowfeatures-med

EoU-largecost-largespeed-largefeatures-large

Immediacy-medoutput control-medoutput customization-low

EoU-largeSafe memories-largeimage enhancements-med

Today’s customer value

gaps

· EoU· Speed from

capture to print· Predictability· Reliability· User-control· Simplicity· Availability· Ability to share· Cost· Safe memories

EoU-largecost-lowfeatures-med

EoU-largecost-lowfeatures-med

Capturein the

moment

Plannedcapture to

share orpreserve

Acquireto use

Viewedby many

Viewedby few

Bulkprints

Individualprints

Online

PC

Non PC

Partner

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurpose

Store

Consumer info-imaging strategic landscape

MediaScreen

HP Company Confidential

Scanner in PictureMaker Kioskfuture: networked

Partnership w/Nokiafuture: other mfgs

DSCsAgX

Central LabsPartnership w/Noritsu for DMiniLabs

PictureMaker KiosksDye-Sub printerfuture: networked, inkjet printer

TiVo-PC connectDock-enabled TV connectfuture:TiVo-Ofoto connect

Ofoto, EasyShare, KodakMobile

EK Customer experiences

Capturein the

moment

P lannedcapture to

share orpreserve

Acquireto use

Viewedby many

Viewedby few

Bulkprints

Individualprints

Online

PC

Non PC

Partner

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurpose

Store

Consumer info-imaging strategic landscape

MediaScreen

HP Company Confidential

Source: Competitive Intelligence Kodak 2003 Deep Dive

DI dedicated Online website/svc

Capturein the

moment

Plannedcapture to

share orpreserve

Acquireto use

Viewedby many

Viewedby few

Bulkprints

Individualprints

Online

PC

Non PC

Partner

Acquire Digital Content

Manage Digital Content Fulfill Digital Content

Manage & Organize

Add value/repurposeStore MediaScreen

Retail Analog

Phone Carriers

Retail Digital

ISPs

Mobile Portals

DVR service

Cable TV providers

Retail Kiosk

Camera phones

Digital Cameras

Analog Cameras

Alternate capture devices (eg PDA’s,

GameBoys)

Content provider

Scanner

Retail Kiosk

Digital Camcorders

Removable Storage Media

Docks

General-purpose storage

device

DI-dedicated storage

appliance

(local) DI Applications (s/w)

Central Processing Lab

Mobile Printer

Digital Minilab

Automobile Printer

CamPhone Dock Printer

Home Printer

DSC Dock Printer

Retail Kiosk

Home PC Display

Phone Display

Home TV Display

Auto Display

Personal Appliance Display

key

Installed base

Multi-component

Relative mkt share

key

Installed base

Multi-component

Relative mkt share

Iteratively dive deep into each business model dimension & align those elements to gain ecosystem insights

Page 4: Want to grow your Market Value?  Map your Ecosystem and its Business Models!

© Starcher Group LLC For the sole use of client

Starcher Group

Digital Imaging Ecosystem - Business Model Landscape

Value Creation Goal

Games Sample players Digital acquisition

Home consumer fulfillment

Home professional fulfillment

Kiosks

Digital mini labs

Central Processing

Manage online(store + share)

Manage PC

Home Services

Online Services

Billions Ecosystem Kodak

HP

Home Print fulfillment Epson, Canon, Fuji, others

Online management and fulfillment

Shutterfly, Photoworks, others

Photofinishing HW + supplies

Noritsu, Fuji, Sony, HP, Kodak, others

Component (CCDs, DSPs, Displays,…)

Sony, Kodak, others

Camera Hardware Nikon, Canon, others

Online Management & repurposing

Lifeworks, Photobucket,

Online management Flickr, others

Online storage Xdrive, iBackup, PBase.com, others

PC based management Picasa, Adobe, iMatch, others

Photo display hardware Ceiva, digiframe, storybox, Nikon, Sony, Phillips, Others

Millions Shoebox Digitization Local cottage industryNote: ecosystem players are relevant across a number of games but listing not duplicated

Value delivery systemExample

Page 5: Want to grow your Market Value?  Map your Ecosystem and its Business Models!

© Starcher Group LLC For the sole use of client

Starcher Group

Mapping Value

• What does this work enable– Understand company strategies within a broader context– Identify potential high value business models for consideration

• At the business model level, an ecosystem changes at a modest pace and thus only needs to be updated occasionally

• Although this work is very time consuming, requires access to experts across the ecosystem and involves deep secondary research, the benefits are immense.