The chart above comes from our recent survey of economics bloggers .
Lateral thinking is solving problems through an indirect and creative approach, using reasoning that is not immediately obvious and involving ideas that may not be obtainable by using only traditional step-by-step logic . The term was coined in 1967 by Edward de Bono .
The tools in this section can help you to become more creative.
Update: Based on the overwhelming interest this post got, I updated and republished the version from 2005 A business model is nothing else than a representation of how an organization makes (or intends to make) money. This can be nicely described through the 9 building blocks illustrated in the graphic below, which we call “business model canvas”.