Trial And Error Is A Bad Business Model Strategy
Published on Nov 18, 2015
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PRESENTATION OUTLINE
Finding the right way to grow a business can be really hard
Is your brand meeting growth expectations?
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Accelerating growth is impossible if your business model is old
Or weaker than a competitor's model
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it is hard to design a powerful business model by trial and error
But trial and error is all many managers have
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The whole process can be nerve-wracking - you feel vulnerable
if trial and error is all you have to find a better business model,
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Many managers don't like changing the business model
After all, it's the only one they know
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And senior managers know it feels like this
to change a business model by trial and error
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We Know trial and error is bad for healthcare
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trial and error is bad for financial planning
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We know trial and error is bad for building design
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So why do we use trial and error for business model design?
If we designed new buildings by trial and error, 90% of them would also fail
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www.analogypartners.com
- We have designed innovative business models from 1997
- And provided growth strategies for leading brands
- Our clients are demanding senior managers with difficult growth problems
- Or with an innovation that needs a new business model to succeed
- Johna@analogypartners.com Tonys@analogypartners.com
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