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Home » In Today's Economy, You Must Ask if Your Business Model Is Still Relevant

In Today's Economy, You Must Ask if Your Business Model Is Still Relevant

September 11, 2012
Fortune

We all ask the same question about Kodak, monarch of the global photo industry for a century, now bankrupt, while Instagram, a photo-sharing service with a dozen employees, is sold to Facebook  for $1bn.

We're not living in ordinary economic times. The convulsions of the past five years have left many business people asking the most fundamental questions about their companies: Will our strategy work in this environment? What must we change, and what must we not change? Do we need a new business model?

Three questions to ask are: What is our core? How is today's unprecedented environment changing our customers and their behavior? And, is our industry being deeply restructured, and if so, how will it affect us?

Read Full Article


Keywords: supply chain, supply chain management, value chain, relevant business models

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Business Strategy Alignment Global Supply Chain Management High-Tech/Electronics Retail
KEYWORDS Business Strategy Alignment Global Supply Chain Management High-Tech/Electronics relevant business models Retail supply chain Supply Chain Analysis & Consulting Supply Chain Management Value chain
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