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B usiness Model Generation caught my eye in a book store in December – It is rare I find myself in book stores anymore given how many books are sent to me as a blogger and my preference in reading on Kindle or IPad. I could see there was something new about this book and how the authors thought about businessmodels.
Preparing your Business for Unexpected Market Shifts In this volatile and unpredictable economy, businesses must prioritize resilience by taking a proactive approach to strategic planning to ensure sustainability. Engaging in risk management and scenarioplanning is also paramount.
I’ve already written about how the management-consulting industry is being disrupted by various trends like emerging technologies, the commodification of knowledge, and outdated businessmodels. Scalable BusinessModels. The traditional big-firm consulting businessmodel is based on “leverage.”
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Wack perceived the world differently than his colleagues in the energy business. Through his unique lens, he came to create what we know as scenarioplanning — a widely used strategic planning practice that now spans all sectors. Planning well, in his estimation, required “training the mind.”
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