Leading CEOs worldwide expect major changes to their company’s business model until 2020. As a consequence, organizations are currently about to realize that, today, business model innovation has become as important as technological innovation. However, developing new and viable business models still represents a serious challenge for large incumbent firms despite their resources, know-how, and key technologies. This article provides 10 guidelines for mastering business model innovation challenges in established companies.
Ideascale2019-10-15T15:21:05-07:00June 11th, 2015|Categories: Strategies|Tags: analogies, business innovation, business model environment, Business Model Innovation, business strategy, Collaboration, company culture, Failure, innovation process, Innovation Strategy, leadership, management, organizational learning, priorities, strategic innovation, top-down innovation, uncertainty|