cxo advisor business model innovation product set 28112012
DESCRIPTION
TRANSCRIPT
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CXOA D V I S O R Business model Innovation
The steps innovating your business modelClient pain points
• Legacy inertia is inhibiting innovation
• Trends impacting our current business model
• Business plans based on legacy rather than opportunity
• Strategic cycle slower than market developments
• Unclear market or product position
• Vision to execution choked or defunct
• Resourcing based on legacy rather than strategic sourcing or BPaaS opportunity
• We are not building walls for others to climb
Product benefits
• Overcome corporate inertia
• Manage meaning and attention
• Being different is not the same as differentiating
• Build walls rather than buy ladders
• The S L I engine keeps the strategy current and active
• The strategy is agile – it changes as the environment changes
• All stakeholders understand what has to be done, and when
• Practical strategy – apply driving principles at all levels of the business
Derive meaning and manage attentionStep 2
Map your strategy to the 3 Role Model™Step 3
Identify opportunites to differentiate
Step 1
Run your SLI engine
Step 4
Use 3RM to: • Resource the strategy, Prioritise, Position, Track
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CXOA D V I S O R