Three Steps To Sustainable And Scalable Change: Part 1 - Rethinking A Company's Business Model
Source: Deloitte Development
Even the best business models eventually become obsolete. Yet companies are often reluctant to tinker with something so crucial to their business - particularly if it has served them well in the past. Instead, they pursue isolated improvements within a single area or function, only to find that the changes aren't sustainable because of their business model's inherent limitations. The result? Efficiency and effectiveness that are much lower than they could be.