article thumbnail

Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business Review

Despite the fact that executives could improve the value and performance of their companies by shifting capital from under-performing business units to better performing units, most choose to allocate their resources the same way year after year. How much is changing? In our experience, there are other causes as well.

article thumbnail

GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business Review

It struggles to account for today’s intangible assets—services, insights, and networks. Our research into business models clearly indicates a world where networks and digital assets are more valuable than things and “access” is more convenient than ownership.

GDP 8