Continuing Business Model Innovation Breakthroughs
- Topics:
- Strategy Formulation
FREE Registration is required
Overview: Continual business model innovation is the management practice most clearly associated with high growth companies over the last two decades. A business model is the who, what, when, where, why, how, and how much an organization uses to provide its goods and services and develop resources to continue its efforts. This concept has been explained by a case of Clear Channel Communications, one of the first companies to attract attention with continuing business model innovation. The company was also unusual in that it used acquisitions to enrich its innovations by changing the businesses it bought. The breakthroughs most often employed by continual business model innovators are seldom all seen in the same organization. Clearly, leaders need to focus more on business model innovation, and develop skill in more types of this activity. A good way to begin is to pay more attention to each other's breakthrough business model innovations.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: HTML | Date: Jan 2003 | Pages: 1
