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shared by raheel naqvi on 30 Jun 08 - Cached

shared by raheel naqvi on 02 May 08 - Cached

- raheel naqvi on 02 May 08
  
  need to review and read
  
  <div class="cArrow"> </div><div class="cContentInner">need to review and read</div>
  
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How do you innovate a business model?   You can create new products and services within the current business model to drive growth.  Or you can create a new business model and open up a whole new world of possibilities for the firm.  Either innovate within the current game, or change the game.  But how? 
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"To build a breakthrough business model that rivals cannot easily emulate, you'll need to integrate a whole series of complementary, value creating components so the effect is cumulative,"
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ENGINEERING:  These are consultants that help you make the new idea work in practice.  They have a particular expertise in technology, science, research, and problem solving.  Their main focus is building it.
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Relying on mergers and acquisitions for growth sends a signal that you don't know how to innovate or how to manage it.
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Companies tend to overpay which actually destroys shareholder value.
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