What does it mean to compete in today’s world? This collection of articles from MIT Sloan Management Review examines new ways of thinking about business models, the importance of using analytics and data to support strategic vision, and the best ways to compete against larger companies and disruptive technology.
From “The Hard Truth About Business Model Innovation”:
- Attempts at business model innovation have led to both repeated failures and seemingly inexplicable successes — and few formulas to help guide business leaders.
- But a study of both failures and successes shows that the journey to successful innovation is predictable, although “travel time” differs by industry and circumstance.
- The manager’s dilemma is to identify ...