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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

This force is called creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models. To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 Nokia just couldn’t keep up.

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Leading in a World of Change: Lessons from Downton Abbey

Great Leadership By Dan

At the same time, the advent of new ground breaking technologies such as electricity and motorization – today we would call them disruptive – allowed the estates to operate with significantly less staff. The fundamental business model that had sustained the great estates for hundreds of years was unraveling.

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Could Solar Power The Next Industrial Revolution?

The Horizons Tracker

Indeed, in the UK, dozens of energy companies face bankruptcy as the long-term contracts they have signed with customers on low prices render their business model unviable in a world in which the price of liquefied natural gas rose by two-thirds in less than a month. The green economy. Solar as a service. consumption.

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The Best Digital Business Models Put Evolution Before Revolution

Harvard Business Review

What, another clarion call urging executives to fundamentally rethink their business models through digital technology? The business media have had no shortage of these. While there is certainly merit in questioning your business model, revolutionary business model transformation remains elusive despite the buzz.

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Big Data, Big Opportunity

Chartered Management Institute

Big Data, and its close cousin the Internet of Things, are among the trendier terms of 2013. They are transforming each and every business model. At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded.

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The Surprising Power of Business Experiments

Skip Prichard

Even though I had studied the statistical and management principles that are core to experimentation, I had not closely examined their role in customer experience and business model design. I had no idea how their use would fuel the rise of today’s online businesses. Any of these questions can go wrong.

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How Investors React When Companies Announce They’re Moving to a SaaS Business Model

Harvard Business Review

Adobe’s radical transformation from a product-based business model to a service-based one raised eyebrows in the industry, with many software vendors now wondering how radically they should approach the SaaS model. Make sure existing products, processes, and culture do not prohibit the SaaS model from blossoming.