A few would contend that business models are less durable than they used to be. The underlying rules of the game for capturing and creating economic worth were in place for a long time, even decades, as businesses tried to execute exactly the same business model better than their adversaries did.
Now, business models rely on to accelerated displacement, disruption-and in extreme instances, outright destruction (witness Uber, Bitcoin and Coursera). They substantiate a five-step framework for re-framing your present business model, beginning with 'Outline the dominant business model in your sector' and concluding with 'Translate the re-framed belief in the new business model of your sector.'
Finally, they reveal that incumbents may be disruptive, also - if they are capable to spot and overcome common but restricting orthodoxies about how they do business.
PUBLICATION DATE: January 01, 2016 PRODUCT #: ROT287-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
Related Case Solutions & Analyses:
The Long Conversation: Learning How to Master Enterprise Systems
Fiserv Takes on the E-Billing Market
Actis: January 2008
Transcendent Leadership
Subtle Biases and Covert Prejudice in the Workplace
Viacom Inc.: CBS Acquisition Video
Hidden Costs of IT Outsourcing
Linking Actions to Profits in Strategic Decision Making
Complexity and Error in Medicine
Echlin vs. SPX
