Spot the next big thing and design your business models to become your engine of growth
Exploiting new opportunities for growth requires deep customer insights and a fresh look at the components of your business model. Tweaking existing products and services will merely bring you incremental returns, while winning growth strategies are powered by the will to rethink business models.
Strategy is not complex. The best strategies are simple because of their insightful and clearly articulated choices about the future. But making choices and executing the strategy is hard.
Mergers & Acquisitions
M&A processes are often complex and tend to be detached from corporate strategy and day-to-day operations. To maximise the value of M&A activities, these processes must be integrated.
By aligning your company’s organisational design with its strategic intent, your management team will be better equipped to achieve targets and help push the company forward to meet new challenges.
In his latest book, What Matters Now, Gary Hamel has made one of the most insightful contributions to how we take management and leadership into the 21st century.
Roger Martin is a Canadian-born thought leader and former dean of the Rotman School of Management at the University of Toronto.
What we all saw as an endless row of crises was in fact a new normality of an increasingly globalised and turbulent world.
Business Model Innovation Viewpoint
Short-term competitive advantage is created by exploiting existing business models. However, in the long term, all markets mature, competition intensifies and turbulence increases. Consequently, new sources of growth must be explored, and fresh answers to enduring success must be found.
Seven things you should know about differentiation
Globalisation and technological development drive commoditisation; this combined with increased competition puts pressure on prices and profitability. How do you increase revenue and profitability with the constraint of keeping investments and costs at the same level or even lower than today.
Business model innovation in practice
To succeed in innovation and to seize new opportunities, the scope of innovation must be expanded to encompass the full business model, and new processes must be mastered.