The conventional Business Model for Manufacturing is in the process of Transformation. Centralized production has given way to dispersed manufacturing that is customized. Conventional operating practice at large-scale manufacturers is to keep the high-cost R&D distinct from the low-cost production. Digital Fabrication is changing this operating practice. More and more Digital Fabrication Tools are being […]
Tag Archives | business model
Research by PwC indicates that leading companies are in a near perpetual state of Reorganization. This upsurge in Organizational Design initiatives is owing to the accelerating pace of strategic change caused by disruption of industries, changing competitor landscape, customer behaviors, and distribution channels. Companies opt to commence efforts to restructure their organization in the hopes […]
Accelerated pace of technological disruption has forced organizations to change. It has triggered leaders to think of the ways they must adopt to survive in these challenging times. Organizations are confronting this scenario by embracing digital technologies. Traditionally, the focus of the organizations in these Transformation initiatives has remained on speed of change. To get […]
Scalability describes possible meaningful changes in magnitude or capacity. In business terms, it’s the capability of a system to enhance productivity upon resource augmentation. Scalability provides an organization the capabilities to develop compelling value propositions—that are hard to imitate by the rivals—and achieve profitable growth even in the wake of external threats, cut-throat competition, stringent […]
Editor’s Note: The Natural Evolution of Things is an in-depth is a 5-part series that describes 13 the catalysts of Organizational Change and Competitiveness, based on the theme of Michael Porter’s Five Forces. To read the full series, take a look at the author’s profile page found here. * * * * Continued from part 1… So […]
First, let’s define Value Proposition. Here’s what Wikipedia has to say: A value proposition is a promise of value to be delivered and acknowledged. Creating a value proposition is a part of business strategy. Kaplan and Norton say “Strategy is based on a differentiated customer value proposition. Satisfying customers is the source of sustainable value creation.” […]
Generating ideas is wonderful. Remember those great EUREKA moments under the shower, while driving or just talking to others? Unfortunately, the hangover is always later when you present your ideas to others. They are often less enthusiast than you and raise a lot of “BUT”… questions. Or everybody within your organization says it’s a great idea, […]
What, another clarion call urging executives to fundamentally rethink their business models through digital technology? The business media have had no shortage of these. Many such bulletins focus on radically changing the nature of competition in an industry, as Apple did for music and Uber did for taxis. While there is certainly merit in questioning […]
The firm PPTLab is one of the most prolific sellers on Flevy. With over 20 documents, PPTLab focuses on business frameworks, mostly around corporate strategy and marketing. Below, you will find 5 of PPTLab’s most popular framework guides: Psychology of Product Adoption https://flevy.com/browse/business-document/psychology-of-product-adoption-203 This document discusses the psychology of product adoption. Topics include Prospect Theory, […]
On holidays recently we drove past The Big Banana. Majestic yet somewhat tacky at the same time, it had once again lured coach loads of people in to see what bananery delights awaited the unsuspecting visitor inside… I too was lured in – not that I like bananas that much, but more from morbid curiosity. […]
The business model is at the core of any organization’s Corporate Strategy. It defines how the company creates, delivers, and captures value. Most tech startups fail because they lack a viable business model. Even for enterprises with established business models, they often need to revisit and innovate on their business models. To understand the essence […]
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