How to Identify New Business Models


Business_model

The December 2011 edition of MIT Sloan Management Review has a very interesting article on how to identify new business models and describes a process for doing so.

The leading question the authors set out to answer is: How can your company explore business model innovation? Their findings were:

• Create a template that allows you to examine alternative answers to key business model questions.
• Use the template to systematically consider alternative approaches to value creation.
• Be clear upfront about what you don’t want to change about the way you do business.

Source:

http://lundsten.net/ideas/blog/index_files/How_to_Identify_New_Business_Models.php#unique-entry-id-8

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