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Wednesday
Jan022008

The Ever Changing Business Model

"If you want to escape the cul-de-sac of diminishing returns, the first step is to admit that your current strategy, your dearly beloved business model, may be running out of steam. Strategy decay is not something that might happen; it's something that is happening."

"Dakota tribal wisdom says that when you discover you're on a dead horse, the best strategy is to dismount."

However...

"The time to begin searching for new wealth-creating strategies is long before the horse stumbles."

- Gary Hamel, Leading the Revolution, page 55 

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