Change the Way You Create Value—Rita McGrath’s post republished by Business Week.com
Change the Way you Create Value Rita McGrath’s most recent post as a discussion leader at the Harvard Business Publishing blog, has been re-published by Business Week.
Executives often complain that politics, embedded systems, and processes make it hard for them to combat new competition that comes into their industry and competes with a different business model. Yet, there are plenty of examples of companies doing a great job innovating in their business models—changing what we call the “unit of business.” Consider these examples from financial services, an industry in which innovation is notoriously difficult. To read the entire post at BusinessWeek.com, click here.
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