The Transformative Business Model (Kavadias c.s.)

Strategic Agility
Knowledge Center

 

Next Topic

Strategic Agility > Forum > The Transformative Business Model (Kavadias c.s.)

The Transformative Business Model (Kavadias c.s.)
Chloe Xu, Australia, Premium Member
A business model represents a plan or recipe for the successful operation of a business, identifying source of revenue, the intended customer base, products, and details of financing. Those features interact in complex ways to determine a company’s overall success. The dominant business model in any given industry tends to evolve over time. Gradually a new one is succeeding in replacing the existing dominant one, typically by leveraging a new technology.

One might say that the business model serves as an interface between technological offerings and market demands. What features can make a business model transformative so that is can be sustained and prosper in our ever-changing world?

THE SIX KEYS TO A TRANSFORMATIVE BUSINESS MODEL
  • Providing a more personalized product or service offering that is better tailored to customers’ individual and immediate needs by utilizing technology at competitive prices.
  • Replacing a linear... Read more? Sign up for free
 

Read all responses and join this discussion yourself.
Support your management career and your personal development with 12manage.

    Log in


     
Special Interest Group Leader

Interested? Sign up for free.


Strategic Agility
Summary
Forum
Best Practices


Strategic Agility
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2019 12manage - The Executive Fast Track. V15.2 - Last updated: 22-11-2019. All names ™ of their owners.