Driving Growth with Business Model Innovation
Business model innovation is complex and challenging. By understanding four distinct approaches—and the success stories of companies using those approaches—executives can make effective choices in designing the path to growth and uncovering a lasting competitive advantage.
Content: Article | Authors: Margaret Ayers, Zhenya Lindgardt | Source: Boston Consulting Group (BCG) | Subjects: Management, Strategy
Using Business Model Innovation to Reinvent the Core: Doing Something New with Something Old
Growth is hard to achieve—and creating value through growth is even harder. Embracing comprehensive business-model innovation can give a company a crucial edge over those rivals that try to drive growth by pulling individual levers such as pricing or product extension.
Content: Article | Authors: Charles Hendren, Zhenya Lindgardt | Source: Boston Consulting Group (BCG) | Subjects: Innovation, Management, Strategy