5. Consolidate a coherent new business model

The fifth stage consists of consolidating a new, coherent business model, after analyzing the various possible strategic alternatives for all customer segments. In most cases, this means focusing on one or a few target segments, and building a business model adapted to each of them.

In short, a business model is a three-dimensional summary of the allocation and harvesting of resources resulting from a given strategy ( cf. Strategic innovation, or how to innovate a company's business model [FIC 0927] ). The strategy adopted at a given...