Strategic Overview of the Adapters Approach PPT

This PPT slide, part of the 23-slide Four Approaches to Business Model Innovation (BMI) PowerPoint presentation, presents an overview of the "Adapters" approach within the context of business model innovation. It outlines the thrust and motivation driving this strategy. The thrust emphasizes the need to defend against industry decline or disruption, suggesting that organizations adopting this model recognize the urgency of protecting their core business. The motivation focuses on expanding into non-core areas, indicating a willingness to explore new markets and opportunities beyond traditional boundaries.

The description section elaborates on the Adapter approach, highlighting that when a core business cannot effectively counter competitive disruption, this method becomes relevant. Adapters are characterized by their willingness to investigate the viability of various trades or markets, even to the extent of abandoning their core businesses if necessary. This adaptability is crucial in a rapidly changing business environment.

Key insights include the importance of realizing value from existing resources and expertise. Adapters must leverage their current strengths while navigating unfamiliar territories, which is essential for growth in new markets. Additionally, the slide stresses the need to harness advantages in challenging conditions. This involves identifying and exploiting lucrative opportunities that arise from market disruptions or new regulations, which can reveal previously unrecognized customer needs.

Overall, the Adapter approach encourages organizations to proactively assess their capabilities and pivot towards new opportunities, ensuring they remain relevant in a dynamic market landscape. This slide serves as a strategic guide for executives considering how to navigate disruption while leveraging existing strengths to explore new avenues for growth.

This slide is part of the Four Approaches to Business Model Innovation (BMI) PowerPoint presentation.

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Business Model Innovation Business Model Design Disruption Innovation

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