2002
DOI: 10.1109/emr.2002.1032393
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Five business-model myths that hold companies back

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Cited by 12 publications
(17 citation statements)
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“…While earlier research has noted that firms may run multiple business models simultaneously (van der Meer, 2007;Chesbrough, 2006;Linder and Cantrell, 2001;Smith et al, 2010), the linking of corporate level concerns to individual business units and their business models has so far been sparse. Especially, extant literature lacks understanding of how corporate business models evolve and transform in multi-business unit organizations e an arena where we wish to contribute.…”
Section: Introductionmentioning
confidence: 99%
“…While earlier research has noted that firms may run multiple business models simultaneously (van der Meer, 2007;Chesbrough, 2006;Linder and Cantrell, 2001;Smith et al, 2010), the linking of corporate level concerns to individual business units and their business models has so far been sparse. Especially, extant literature lacks understanding of how corporate business models evolve and transform in multi-business unit organizations e an arena where we wish to contribute.…”
Section: Introductionmentioning
confidence: 99%
“…Theoretically ideal strategies are grounded in reality, meaning that they are based on valid assumptions [15,39,44,51,59]. It does not matter how many of the other tests a strategy passes or how well constructed it may appear to be; if the strategy is based on flawed assumptions then it has lost touch with reality and, depending on the seriousness of the assumption, could lead to the business's demise.…”
Section: Strategy Based On Valid Assumptions?mentioning
confidence: 99%
“…The assumptions about the mission of the business involve assumptions about the goals of the organisation and what it considers to be meaningful results. The assumptions about the environment include assumptions about customers, their needs and behaviour [39]; assumptions about competitors and industry dynamics and trends; assumptions about society, markets, and technology; assumptions about the costs of running the business and revenues that will be generated [39]; and assumptions about the organisation's structure, its strengths and weaknesses [51]. Lastly, assumptions about core competencies involve assumptions about the skills and/or resources needed to accomplish the organisation's mission.…”
Section: Strategy Based On Valid Assumptions?mentioning
confidence: 99%
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“…Based on Linder and Cantrell's work the BMs can be of three main types: the revenue model, profit model and cost structure (Linder et. al., 2000;Linder et. al., 2001).…”
mentioning
confidence: 99%