10 Questions
What is the primary purpose of the 'what if' questions in business model innovation?
To challenge conventional assumptions and provoke new thinking
What is the result of the digital revolution on competition?
Less competition within industries
What is the main characteristic of platforms as a business model?
Bringinging together 2 or more parties to create and exchange value
What is the focus of strategic prospective?
Understanding the future and accepting uncertainties
What is the term used to describe the combination of competition and cooperation between firms?
Co-opetition
What is a platform, according to Andrei Hagiu and Julian Wright?
A business that creates value by facilitating direct interactions between two or more distinct types of customer
What happens to the value of a business as more customers use it?
The value of the business increases
What is the purpose of the Diagnóstico Organizacional Modelo?
To understand the internal situation of a PyME using the Balanced Scorecard and 7S of McKinsey
How is the performance of each factor evaluated in the Diagnóstico Organizacional Modelo?
Using a scale of 1-5 and 1-4 for different dimensions
What is the purpose of Paso 1: Evaluación in the Diagnóstico Organizacional Modelo?
To evaluate the performance of each factor
Study Notes
Strategic Perspective
- The future is multiple and born out of the interaction between various actors and their plans, requiring understanding and acceptance of uncertainties.
- Strategic prospective involves researching the future to optimize strategic objectives and competitiveness.
Epicenters of BM Innovation
- "What if" questions help break free from constraints imposed by current models, provoking new thinking and challenging assumptions.
- These questions are starting points to discover new business models that can make their suppositions work.
Competitive Strategy
- Traditional industry boundaries are changing, with assets no longer needing to be owned by a firm, but rather managed through new external relationships.
- The digital revolution is redefining competition and relationships between firms, with less competition within industries and more across industries.
- Co-opetition is emerging as a key concept, with platforms as a new kind of business model.
Platforms
- A platform is a business that creates value by facilitating direct interactions between two or more distinct types of customers.
- Digitally powered businesses bring together multiple parties to create and exchange value, rather than trying to create all value alone.
Network Effect
- The value of a business increases as more customers use it, with interactions taking place through the platform.
Diagnostic Organizational Model
- The model is based on the Balanced Scorecard and McKinsey's 7S framework to understand the internal situation of a small or medium-sized enterprise (PyME).
- The model consists of a two-step process: evaluation and diagnosis.
- Evaluation involves assessing the performance of each factor using a scale of 1-5 for the BSC and 1-4 for the 7S framework.
Understanding the future, accepting uncertainties, and optimizing strategic objectives to increase competitiveness. Rethinking to achieve success in any area.
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