Business Model Mastery Best Practices


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Posted on Nov 03, 2006

Business Model Mastery

  • Be willing and able to continuously assess and quickly adapt the business model.
  • When opportunities arise, outsource production or even product development to lower-cost locations, and be prepared to cede logistics to outside partners.
  • Ensure that business model changes are aligned with your company's business strategy.
  • Establish a risk assessment and management process before making changes.
  • View business model change as continuous.


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