Proof Point
Create flexible, non-fragile, sustainable, business models that can adapt to disruptions, treating challenges as opportunities to evolve current business model
Flexible, Non-Fragile, Sustainable Business Models
Proof Point Findings
- Flexible – Embraces and adapts to disruptions and unpredictability
- Develop flexible, dynamic business plans and milestones rather than fixed, static ones
- Be willing to pivot when initial plan did not work; redefine products, customer segments and channels
- Continuously assess and adjust business model to quickly adapt to changing business environment
- Non-Fragile – Able to withstand internal and external shocks by facing them and learning to build extra capacity
- Prepare to face periods of uncertainty and volatility; manage risks effectively
- Diversify team composition to take advantage of differences in culture, background, work experiences, and expertise in dealing with issues and challenges
- Learn from experiences of smaller units to strengthen organization as a whole
- Sustainable – Grows by optimizing gains from using combination of available internal and external assets
- Leverage third-party resources to minimize expenses, only utilizing them as necessary
- Use customer insights in developing new product ideas and improving internal processes
- Create value by collaborating with external partners
|
Business Model and Practices Business Model |
|
|
Sector |
Cross-sector
|
|
Source |
|
|
Date Last Updated |
March 30, 2017
|
