O'Reilly logo

Business Model Renewal: How to Grow and Prosper by Defying Best Practices and Reinventing Your Strategy by Linda Gorchels

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 1Defy Best Practices

When I was contracted to go to Eastern Europe to teach managers after the fall of the Berlin Wall, I took with me my toolbox of best practices. I addressed the principles of business acumen, segmentation, and planning. The classes in Poland and Hungary consisted of individuals from various management levels in a broad cross section of industries, yet the approach to strategy fit and benchmarking against world-class competitors was appropriate. I was impressed by the entrepreneurial drive of the audience members; it came not from a high-tech innovative perspective but from a desire to start their own businesses.

Several years later I taught a series of classes in Shanghai and Beijing. The managers in the audience were ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required