*This interview was excerpted from our one-hour interview in 2016. Derek Van Bever, Senior Lecturer and Director of the Forum for Growth and Innovation at Harvard Business School, talks with Gartner about how to better inform decisions about business model innovation and what it can mean for talent. Many attempts at business model innovation fail. Derek Van Bever argues that executives need to understand how business models develop through predictable stages over time -- and then apply that understanding to key decisions.