Creative Destroyer

“Creative destruction” is the term economist Joseph Schumpeter coined to de- scribe the way entrepreneurs create new wealth through innovation that destroys existing market structures used by incumbents to derive competitive advantage. Of course, technological change – like the advent of the Internet – can be the basis for creative destruction. And the term has been much in vogue in recent years as the New … [ Read more ]

Business Models: A Strategic Management Approach

It may resemble a textbook with its end-of-chapter “study questions” and lists of key terms, but this book is a fine resource for boning up on business model basics and, perhaps, also satisfying your inner student. Business Models is well written and clear as far as strategy books go, offering practical techniques for analyzing separately and together all the elements-such as positioning, customers, financing, market … [ Read more ]