Innovation Hub – BMI
Business have two types of Risk – Information Risk & Incentive alignment Risk.
BMI helps address these risk with help of below matrix:
Business Model Innovation Matrix
| What | When | Who | Why |
| Focused Vs Flexible Business Model | Delay decision making | Transfer decision to best informed player | Align incentives |
| Change scope of decisions | Change sequence of decisions | Decision rights with party best able to tolerate the consequences | Syncronised the differing time horizons |
| Hedge decision with each other | Split decisions to gain partial information beforehand | Move consequences of the decision to the party that benefits most | Pursue vertical integration strategy |
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