Business model innovation

Business model innovation

Business model innovation is the management practice most clearly associated with high growth. A business model is the who, what, when, where, why, how, and how much an organization uses to provide its goods and services and develop resources to continue its efforts. By business model innovation, we...

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Veröffentlicht in:Executive Excellence 2003-04, Vol.20 (4), p.18
Hauptverfasser: Mitchell, Donald W, Carol Bruckner Coles
Format: Artikel
Sprache:eng
Schlagworte:
Business models
Cost control
Cost reduction
Customers
Gold
Innovations
Management
Methods
Payroll records
Prices
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Beschreibung
Zusammenfassung:Business model innovation is the management practice most clearly associated with high growth. A business model is the who, what, when, where, why, how, and how much an organization uses to provide its goods and services and develop resources to continue its efforts. By business model innovation, we mean any successful change in any elements that enhances a on-going performance in delivering benefits. Business model innovators often find ways to provide these new benefits at lower cost, enhancing circumstances for them and their customers.
ISSN:8756-2308