article thumbnail

How Chinese Companies Disrupt Through Business Model Innovation

Harvard Business Review

Experts continue to debate whether Chinese businesses are truly disruptive. The American textile and apparel industries, for example, will tell you that the evidence can be found in the blood on the floor — their blood, on what used to be their floor. For some industries in the West, this question appears a bit ridiculous.

article thumbnail

Business Model Innovation is the Gift that Keeps on Giving

Harvard Business Review

With the Winter holiday shopping season, fashion apparel retailer Zara has been the focus of media attention — the New York Times recently profiled the innovative fast fashion business model pioneered by Zara, while Elizabeth Cline's book on the costs of fast fashion has climbed up the sales charts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Growth Needs to Come from the Entire Company

Harvard Business Review

Consider the sports apparel company Under Armour. Where are the markets with opportunities? Pursuing growth this way can put tremendous pressure on your enterprise to extend into new markets that seem hot — but where your enterprise has no capabilities to win. Second, you can proceed to near-market expansion.

article thumbnail

Don’t Let Your Company Get Trapped by Success

Harvard Business Review

For every Apple, there is an Atari, for every Fuji a Polaroid, and for every Zara an American Apparel. In today’s dynamic business environment, leaders of large established companies need more than ever to run and reinvent the business at the same time. It’s harder to stay on top than to get there. points p.a.,

article thumbnail

Calculate How Much Your Company Should Invest in Innovation

Harvard Business Review

Identifying this so-called “growth gap” is critical, because the bigger the gap, the more a company needs to look beyond its current offerings, markets, and business models to find growth opportunities. By reaching new customers in current markets? By stealing share from current competitors?

article thumbnail

Organic Growth Is the Underestimated Opportunity

Harvard Business Review

Often it's because their business models have run their course (Yahoo!), Others double down on their most loyal customers on the theory that they can build on an already strong market position and emotional connection. This post is part of the HBR Insight Center Growing the Top Line. It takes faith and determination to find it.

article thumbnail

The Biggest Obstacles to Innovation in Large Companies

Harvard Business Review

When your “forward scouts” see something important, what mechanisms exist to set up collaborations with outside vendors or startups, or run a quick pilot test with a function or business unit? Too many companies wait for the annual strategic off-site to roll around before they address the changing dynamics of their market.