Thursday, December 18, 2008

Reinventing Your Business Model

A new HBR article(Dec 2008) on business model innovation. "Why is it so difficult for established companies to pull off the new growth that business model innovation can bring? Here's why: They don't understand their current business model well enough to know if it would suit a new opportunity or hinder it, and they don't know how to build a new model when they need it."

Update: Also watch a video interview with Clayton Christensen on the link between disruptive innovation and business model reinvention.