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Kill Your Business Model Before It Kills You

Harvard Business Review

This vignette raises a key leadership question: Why do leaders wait too long to modify or abandon their business models? Even a company as sophisticated as GE waited too long to reorient its lighting business away from incandescent bulbs. If you only invest in refining today's business model you'll get locked into it.

article thumbnail

Kill Your Business Model Before It Kills You

Harvard Business Review

This vignette raises a key leadership question: Why do leaders wait too long to modify or abandon their business models? Even a company as sophisticated as GE waited too long to reorient its lighting business away from incandescent bulbs. If you only invest in refining today's business model you'll get locked into it.