Business Model decentralized resilient organizations flexible nonfragile sustainable
Business Model – decentralized, resilient organizations – flexible, non-fragile, sustainable business models Create flexible, non-fragile, sustainable, business models that can adapt to disruptions, treating challenges as opportunities Flexible, Non-Fragile, Sustainable Business Models (1 of 2) © 2017 Accelerating. Biz®. Content use subject to subscriber Terms of Service. 1
Business Model – decentralized, resilient organizations – flexible, non-fragile, sustainable business models Create flexible, non-fragile, sustainable, business models that can adapt to disruptions, treating challenges as opportunities (cont. ) Flexible, Non-Fragile, Sustainable Business Models (2 of 2) Flexible – Embraces and adapts to disruptions and unpredictability § Develop flexible, dynamic business plans and milestones rather than fixed, static ones § Be willing to pivot when initial plan did not work; redefine products, customer segments and channels § Continuously assess and adjust business model to quickly adapt to changing business environment Non-Fragile – Able to withstand internal and external shocks by facing them and learning to build extra capacity § Prepare to face periods of uncertainty and volatility; manage risks effectively § Diversify team composition to take advantage of differences in culture, background, work experiences, and expertise in dealing with issues and challenges § Learn from experiences of smaller units to strengthen organization as a whole Sustainable – Grows by optimizing gains from using combination of available internal and external assets § Leverage third-party resources to minimize expenses, only utilizing them as necessary § Use customer insights in developing new product ideas and improving internal processes § Create value by collaborating with external partners Source: Taleb, N. , "Antifragile: Things that gain from disorder "; Ismail, S. , "Exponential Organizations: Why new organizations are ten times better, faster and cheaper than you (and what to do about it)"; Osterwalder, A. and Pigneur, Y. , "Business Model Generation: A handbook for visionaries, game changers and challengers "; Stone, B. , "The Everything Store: Jeff Bezos and the age of Amazon "; Ries, E. , "The Lean Startup: How today's entrepreneurs use continuous innovation to create radically successful businesses "; Accelerating. Biz analysis © 2017 Accelerating. Biz®. Content use subject to subscriber Terms of Service. 2
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