Link to earlier post here A Business Model is a representation of how an organization make or intends to make money. It can also be defined as a simplified description of how a company does business and makes money without having to go into the complex details of all its strategy, processes, units, rules, hierarchies, [...]
Gary Hamel’s book on “The Future of Management” shares a quote from Nobel Prize winning zoologist Sir Peter Medawar – “Dull or piffling problems yield dull or piffling answers”. A review of extensive library on managing change reveals a disturbing fact. Nearly all the accounts of deep change – entailing big shifts in a company’s [...]
Procter & Gamble, Starbucks, Dell, Best Buy, Threadless, Microsoft, and Nike have all created digital platforms that allow customers to help them create new products, messages or seek feedback. Starbucks received over 17,000 coffee ideas in the first 14 months since the launch of its proprietary online forum, mystarbucksidea.com. Customers, of course, are increasingly demanding [...]
1. Awareness that Mental models influence Architecture – The person in charge of the architecture will bring his patterns into play. Green is in big play now. IT Data Center Consolidation, virtualization, Cloud Computing, SOA. Operating Models and Organizations structures have evolved over the last two decades. You cannot come up with anything original unless [...]
