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Value Creation and Business Model Innovation

  Business processes have emerged as a key variable in the design of high-performance organisations. The primary objective of the traditional outsourcing process was cost arbitrage. Service providers based out of low-cost locations could provide services at lesser costs. With time,...
IMD professors Bettina Büchel and Michael R. Wade, put forward anchored agility as a new approach for reaching the correct  equilibrium, and describe how some firms have achieved it by implementing strategies that are both locally agile and globally efficient. The key to...
Customer in the Center Identify what’s most important to your customers. Seth Godin is right: You want to focus your energy on pleasing your truly rewarding customers. If it’s not clear exactly who they are, make sure you’re spending enough time on...
Business corporations are perhaps the most influential organizations in society and have long been recognized as important contributors to the common good. Society grants corporations unique privileges in order to harness their great capacities to serve its needs. Yet...
Nick De Mey handpicked the most inspiring selection of business models across diverging industries.   How to build any business model with only 10 blocks Using a common, visual language enables you to easily communicate business models to different audiences, to learn from...
IMD's book Quest: Leading Global Transformations by Professor Anand Narasimhan and Jean-Louis Barsoux, senior research fellow at IMD. Quest identifies seven key transformation journeys that companies are embarking on, along with valuable knowledge on how to get on track quickly...
  Professor Clayton Christensen classifies sustaining innovations as those that continue to improve a product or service, and move it up and up and up along the customer's need. Sustaining innovations achieve a quality far in excess of what most customers...
To build your capabilities and cast a wider net for ideas, you must figure out which of the three types of innovation strategies you already have — and design your R&D approach accordingly.   Finding and developing good ideas is what...
Your company strives to innovate and differentiate, but do you have a sneaking suspicion that your buyers see less and less meaningful differentiation between your offer and that of your competitors? This experience is becoming increasingly common as competitors replicate...
When the benefits and values are not perceived by the customer and the attributes are standardized, goods and services become commoditized. According to Professor Michel, “Commoditization is a bad word. It is procurement’s weapon to make you lower your prices. And...
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