3 Tips For CEOs Who Want to Successfully Transform Their Business Model
In this video, Carsten Linz, co-author of Radical Business Model Transformation, discusses his top three guiding principles for CEOs who want to successfully transform their business model. He asks you to consider:
- Is there an opportunity for you to move away from industry trends and try something different and innovative?
- Do you need to change the dimensions of your business model? Some of the most successful business models have a 2 step approach to transformation, but this can be difficult without an entrepreneurial and forward-thinking leader.
- What is the speed of your desired transformation? They take time and need a step by step approach - but how much change can your stakeholders take at once?