Forget “business as usual.” Don’t believe everything you read about “best practices.” There is no “magic bullet.”
When your market changes, you have to change your strategy–and maybe even your business model–to survive and thrive. Prepare for sustaining growth, transformative growth, and disruptive growth. And take advice from as many disparate sources as you can. Start here.
At the end of every chapter of Business Model Renewal, I included an interview with a prominent business leader or consultant. Each offered different perspectives on business models. Following are snippets of their words of wisdom for executives rethinking their business models.
The Importance of Developing a Business Model Portfolio
Kay Plantes, Principal, Plantes Company, LLC
The speed with which product and service commoditization arises in today’s more open economy is remarkable.… Read the rest