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Finally, a book comes along that provides a unique yet simple and powerfulapproach to understand the business model and the critical role strategicmanagement has in supporting it. Its value is in business model thinking. Itbrings you a combination of the best contributions of academe and industrythat will help build business modelcentric organizations. Inside, you'll learnabout strategy from a business model perspective. What does that mean? It meansthat you'll first have to think rigorously about your value proposition; your currentor future competencies; and your revenue streams and cost structure before developing,adopting, or modifying your strategies.What is the difference between a business model and a strategy? A businessmodel is how a company operates, and a strategy is how a company competes.When the basis of competition changes because a new model disrupts theeconomics in the industry, it requires an adjustment in business modelsbefore any new strategy can work. This book adds a business model level to thetraditional strategic management process that is more consistent with current'realworld' practices in strategic thinking and analysis. It takes you deeper intothe intricacies of what constitutes a business model and how current strategyderives from it, and offers 7 modules that will show you the key components tomanage to your business model, to help conduct business model analysis, and toassess the financial viability of a business model, just to name a few.Dr. Francine Newth is associate professor of strategy in the School of Business atProvidence College, Providence, Rhode Island, USA.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.