Gartner Research

Business Model Innovation Examples in Education

Published: 18 January 2013

ID: G00246529

Analyst(s): Jan-Martin Lowendahl

Summary

Livemocha is an online social language learning platform that illustrates the potential role of IT in general and CIOs in particular in business model innovation in education.

Table Of Contents
  • Key Challenges

Introduction

Case Study

  • Livemocha Business Model Innovation Step 1
  • Livemocha Business Model Innovation Step 2
  • Livemocha Business Model Innovation Step 3
  • Continuous Incremental Business Model Innovation

Analysis

  • Ideate: Combine Old Practices With New Technology for a New Business Model
    • Business Model Phase Definition
    • Key-Take Away for a Traditional Education Institution
  • Create: Leverage Others' Strengths
    • Business Model Phase Definition
    • Key Take-Away for a Traditional Education Institution
  • Engage: Engaging Is the Business Model
    • Business Model Phase Definition
    • Key Take-Away for a Traditional Education Institution
  • Offer: The "Topic" Community Is the Service
    • Business Model Phase Definition
    • Key Take-Away for a Traditional Education Institution
  • Monetize: Create Many Revenue Streams With Low Thresholds
    • Business Model Phase Definition
    • Key Take-Away for a Traditional Education Institution
  • Adapt: Adapt Often and Quickly, Never Losing Sight of the Job to Get Done
    • Business Model Phase Definition
    • Key Take-Away for a Traditional Education Institution
  • Bottom Line

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