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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

As Feng Zhu and Nathan Furr observe in their article “ Products to Platforms: Making the Leap “: “In a product business model, firms create value by developing differentiated products for specific customer needs, and they capture value by charging money for those items.

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Find the Best Local Markets to Drive Growth

Harvard Business Review

Finally, we found that these super geos made it easier for companies to develop growth strategies. These super geos were local profit pools that were concentrated and big enough to offer big ROI upside for marketing and sales. Precision business models and one-to-one marketing may still feel out of reach for some.

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Consumer Warning Labels Aren’t Working

Harvard Business Review

Most are accompanied by other restrictions, such as taxes and smoking bans in the case of cigarettes, which means it is difficult to disentangle the effects of warnings from other factors that influence behavior. Second, keep in mind that when orchestrated correctly, warnings influence producers as well as consumers. A 2003 U.S.

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To Stay Ahead of Disruption's Curve, Follow Lead Users

Harvard Business Review

Unfortunately, however, customers for firms serving the mass market, by definition, have largely of middle-of-the-road needs. They are not "lead users" — users who today want new solutions to leading-edge needs that will disrupt firms serving the middle of the market tomorrow.