Adapting to new business models

Topics in this module

1. 01

   Change drivers, ecosystems and hypercompetition

   Study technology, sustainability, emerging markets, business ecosystems and hypercompetition, with clear comparisons and original business examples.

   10 sections · 10 min read

   1 video1 PDF3 images

   See the topics covered

   1. Connect environmental change to the business model
   2. Automation, extension and transformation
   3. Understand the technologies without confusing them with strategy
   4. Cloud computing: capacity and responsibility
   5. Sustainability as a source of strategic change
   6. Emerging markets: examine the customer and local system
   7. Business ecosystems and their different purposes
   8. Hypercompetition and the durability of advantage
   9. Apply the concepts to a case
   10. Sources and further reading
2. 02

   Business models, value creation and disruption

   Understand business models, the nine Canvas blocks, revenue patterns, platform economics and the difference between innovation and disruption.

   15 sections · 14 min read

   2 videos2 PDFs6 images

   See the topics covered

   1. Business model, strategy and tactics
   2. The nine Business Model Canvas blocks
   3. Read the model as a connected system
   4. What business model innovation changes
   5. Efficiency does not settle the choice of model
   6. Subscription and freemium models
   7. How a free offer is funded
   8. Platforms and network effects
   9. Access and experience models
   10. Connected services and combined models
   11. Scale is a financial question too
   12. Disruption has a specific theoretical meaning
   13. Judge the trajectory, not just the launch
   14. Test the model before expanding it
   15. Sources and further reading
3. 03

   Emergent strategy, design thinking and experimentation

   Understand emergent strategy, discovery-driven planning, design thinking, Lean Startup and the entrepreneurial strategy compass.

   10 sections · 14 min read

   1 video1 PDF3 images

   See the topics covered

   1. Deliberate and emergent strategy
   2. Whittington's four perspectives on strategy
   3. Discovery-driven planning: make assumptions testable
   4. Learning milestones and investment decisions
   5. Design thinking: investigate the problem before choosing the solution
   6. Prototyping and advanced manufacturing
   7. Lean Startup: validated learning and the business model
   8. Crowdsourcing and crowdfunding
   9. The entrepreneurial strategy compass
   10. Sources and further reading
4. 04

   Strategic responses and partnerships

   Compare responses to disruption, value capture, alliances, supply chains and sustainable business models, with practical decisions and verified sources.

   12 sections · 14 min read

   2 videos2 PDFs6 images

   See the topics covered

   1. Create value together and decide how it is shared
   2. Choose an ecosystem role and govern the partnership
   3. Match supply-chain partnerships to the promise
   4. Why established organisations struggle with disruption
   5. Compare responses before choosing one
   6. Link technology to a credible model change
   7. Sustainability: several routes to business-model change
   8. Test environmental and social results
   9. Design for the specific emerging-market conditions
   10. Respond to hypercompetition deliberately
   11. Turn an option into a recommendation
   12. Sources and further reading
5. 05

   Dynamic capabilities, agility and leadership

   Understand dynamic capabilities, organisational agility, open innovation and the leadership skills needed to renew business models while sustaining current operations.

   13 sections · 18 min read

   4 videos4 PDFs12 images

   See the topics covered

   1. Routine capabilities and dynamic capabilities
   2. Sensing, seizing and transforming
   3. Organisational agility: flexibility supported by stability
   4. Entrepreneurial orientation and strategic innovation
   5. Intrapreneurship: employee initiative with organisational support
   6. Open innovation and innovation intermediaries
   7. Creating and capturing value through collaboration
   8. Ambidexterity: delivering today while developing tomorrow
   9. Leading technology-enabled business model change
   10. Decision design, information and accountability
   11. Start-up leadership, stakeholders and a changing workforce
   12. Developing leadership throughout the organisation
   13. Sources and further reading
6. 

   Module 7 — Quizzes

   Choose a practice quiz to review your understanding, then explore explanations and your results.

   Practice quiz · Review your understanding