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To Go Digital, Leaders Have to Change Some Core Beliefs

Harvard Business Review

Real digital transformation requires transformation at a deeper level—transformation of the leadership team’s core beliefs. ” In order to get there, he plans to “evolve our business model accordingly.” Changing your mental model is a prerequisite for changing your business model.

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The Existential Question Facing the Auto Industry

Harvard Business Review

As a city dweller, the need to transport our dog is starting to feel like the only thing preventing me from ditching our station wagon. If the answer really is electric, autonomous ones, that will pose a huge challenge for an industry that has not fundamentally changed since the first Model T rolled off Henry Ford’s production line.

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Why I Appreciate Starbucks

Harvard Business Review

Specifically, Schulz is out to prove the power of a different kind of business model — one that, in his words, "balances profit with social responsibility.". Over the next two years, as the company expanded at a blinding rate, its business went into something of a freefall. In 2000, he stepped down as CEO of Starbucks.

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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business Review

Our research shows that companies with platform- and network-based business models are exponentially better at creating value. Building a successful platform business is hard enough when you have an original idea, ample capital, no core business to cannibalize, and a team of top talent. Companies are right to be worried.

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The Big Picture of Business – Sayings, Meanings and Interpretations

Strategy Driven

They realize that the old ways of doing business will no longer work. They seek to better themselves as professionals and to rethink the business models. The Business Tree : Growth Strategies and Tactics for Surviving and Thriving. Janitor | custodian | sanitation engineer. Business is a livelihood for some.

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The 787's Problems Run Deeper Than Outsourcing

Harvard Business Review

Outsourcing leads to business model risk — you open the door to outsourcing your profits (in fact, a 2001 Boeing paper that is incredibly prescient and worth the time to read identified exactly this problem). But Boeing is no stranger to subcontracting. Two key questions remain: Has Boeing learned from the mistake?

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You Don’t Have to Be a Software Company to Think Like One

Harvard Business Review

Every business is, willingly or unwillingly, a competitor on a software playing field, no matter which sector it’s in. You’re competing against platforms like Uber in transportation, Google in automotive, Airbnb in hospitality, LinkedIn in recruiting, Netflix in television, and the list goes on. Consider GE.