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Business Design Defined
Business designs describe different possible
configurations of a business idea, how this idea adds value, and how it is
embodied in
distinctive capabilities to create
sustainable competitive advantage.
Sustainable Business Models
Sustainable business success is based not on
great ideas, guts, or instinct alone – but on your ability to create an
master your business model. In the
new era of unrelenting change and competition, your face a daunting
challenge: how to sustain the business model of your firm. "The fact is, no
matter how bulletproof your firm's current business model, it will be
challenged by
new business models."4
The new reality is that business models have shorter shelf life. You must
constantly attempt to discover new business models if you hope to survive
and grow...
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Improving Your Business Designs
"Like species in natural ecosystems, business
designs have fitness and sustainability functions. They can be improved in a
number of ways, either through more appropriate strategic moves being made
on the strategic landscape, or by thinking of a broader range of robust and
complementary options from which to make strategic moves."
Business Architect
In today's knowledge- and innovation-driven
complex economy, business architects
are in growing demand. They are
cross-functionally excellent people who can tie several silos of
business development expertise together, create
synergies, design winning
business model and a
balanced business system and
then lead people who will
put their plans into action...
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Enterprise-wide Business
Process Management (EBPM)
EBPM, representing the third-wave of
Business Process
Management, is "a deliberate and collaborative approach to
systematically – and systemically – managing all of a company's business
processes," says
Andrew Spanyi.
EBPM addresses the pressing need of the
new knowledge-driven
economy to integrate business process
thinking with strategy,
organizational
structure and people issues.
It requires that your executive team lead and manage differently and
think more systemically about your business...
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What is Your Competitive Strategy?
Competitive strategy means deliberately
choosing a different set of activities to deliver a unique and superior mix of
value
to the customer.
These activities are the basis of your
competitive advantage...
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3 Strategies of Market Leaders
The market leader is dominant in its industry
and has substantial market share. If you want to lead the market, you must
be the industry leader in developing
new business models and new products
or services. You must be on the
cutting edge of
new technologies and innovative
business processes. Your
customer value proposition must offer a superior solution to a
customers' problem, and your product must be well
differentiated...
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6Ws of Corporate Growth
To achieve
sustainable corporate growth, you and your people should live the
principles of 6Ws of corporate corporate
growth.
The "Six Ws" – what, why, who, when, where and how – are very powerful
words. Use them constantly to seek, either from yourself or from others, the
answers needed to manage effectively...
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Strategies for Leading Breakthroughs
So what separates
extraordinary leaders from proponents of the status quo?
They break the rules. Except, not in an arbitrary or
capricious way. When you look at examples of extraordinary
leadership, like the Founding Fathers of the United States or
Jack Welch of
GE, certain practices or principles become apparent. To
start, there is a
declaration of what the future will be. There is also a
purpose, something to stand for. And finally, there is a clearly
articulated commitment...
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The Tao of Business Success
The Tao helps you achieve much more with much
less effort. This effortless skill comes from being in accord with reality.
You can't tell the singer from the song. You can't tell the dancer from the
dance. When you are in harmony with the Tao, when you go with its current
of energy, your innate intelligence takes over, and the right action happens
by itself.
The Tao teaches you the art of living and doing
business. It gives you advice that imparts perspective and
balance. It applies equally well to
the
managing
of a large corporation or the running of a small business, to the
governing of a nation or the leading a small team, to
your personal development
or to the coaching of others...
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