article thumbnail

Turn to Multidimensional Employees for Identifying New Business Models

Strategy Driven

But given the shockwaves reverberating from the market disruption that’s taking place, many normal business models are no longer operational, and new models must emerge. Compare the diverse and innovative social media postings with some of the messaging coming from companies during this pandemic.

article thumbnail

Is Your Business Biased Against Innovation?

Strategy Driven

Many people do not typically think of metrics and accounting as roadblocks to innovation, yet you call these out as potential problem areas. The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital. Net present value [NPV] is a case in point.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Gig Workers Strive To Exert Some Control Over Their Work

The Horizons Tracker

The researchers reveal that by this stage, workers have to deploy different tactics, such as potentially offering a discount in return for a high rating. At this stage, it was inevitable that the worker would be rated by the customer, and both parties were aware of this fact.

article thumbnail

Leading in a New Direction - 3 Techniques for Thinking up New Business Ideas

Great Leadership By Dan

What if you rearranged this a little so that diners pay in advance, perhaps weekly or monthly for 5,10,15 meals, with a large discount? No late fees, as a business model where the renter must replace each returned DVD benefits from tardy returns. ? What could you discover if you reversed the assumptions around your business?

Incubator 238
article thumbnail

The Coming of the Clairvoyant Computer

Leading Blog

have business models that hinge on predictive models based on machine learning. Professor Vasant Dhar, Stern School of Business, NYU. UK grocery giant Tesco predicts which discounts will be redeemed in order to target over 100 million personalized coupons annually at cash registers across 13 countries.

article thumbnail

The Problem with Groupon's Business Model

Harvard Business Review

Just a couple of weeks ago, I suggested in an article published in the European Financial Review that Groupon's business model suffers from some alarming weaknesses. The model is based on individual transactions — users do not subscribe to Groupon; rather, each payment is transactional. But not so fast. Give it a 2.

article thumbnail

What the Media Industry Can Teach Us About Digital Business Models

Harvard Business Review

media innovators, with hundreds of billions of dollars created by companies that are helping democratize content production and distribution while developing new ways to connect advertisers and customers. The answer reveals the critical role business models play in determining competitive winners in times of disruptive change.