Gaining And Extending Industry Leadership Through Continuing Business Model Innovation

Topics:
Competitive Strategy
Tags:
Business,
Industry,
Innovation,
Leadership,
Management,
Refresher Publications,
Strategy
Source:
Refresher Publications

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Overview: A business cannot be established in one day. The process calls for devising innovative techniques that help a business to prosper. Business model innovation is one such task, which needs to be mastered by companies to achieve success. Business model contains combined elements of who, what, when, why, where, how, and how much the company is involved in providing customers and end users with products and services. Companies must strive to continuously reform and improve business to increase profitability. The paper elucidates that one can gain and extend industry leadership through continuous improvement in business model.

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Format: HTML | Date: Jan 2003 | Pages: 1

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