Practical sheet | REF: FIC0927 V1

Strategic innovation, or how to innovate a company's business model

Author: Michel BARTH

Publication date: August 10, 2024 | Lire en français

You do not have access to this resource.
Click here to request your free trial access!

Already subscribed? Log in!

Automatically translated using artificial intelligence technology (Note that only the original version is binding) > find out more.

    A  |  A

    7. Consolidate a coherent new business model

    In short, the business model as a whole needs to be reconstructed in a coherent way, in order to propose a competitive offer in line with the values expected by the customers we wish to privilege, and taking into account the various competitors delivering similar or approaching offers. This competitive offer will be delivered through a series of processes that will enable a good cost position to be achieved in order to hope for a price that satisfies customers in terms of the value they perceive. Finally, this offer will be delivered with a remuneration system that best meets customer expectations.

    Example in ready-to-wear

    Let's take the example of a well-known women's ready-to-wear brand that has built up a business model based on a frequently-renewed range of garments, with an emphasis on rarity and small quantities...

    You do not have access to this resource.

    Exclusive to subscribers. 97% yet to be discovered!

    You do not have access to this resource.
    Click here to request your free trial access!

    Already subscribed? Log in!


    The Ultimate Scientific and Technical Reference

    A Comprehensive Knowledge Base, with over 1,200 authors and 100 scientific advisors
    + More than 10,000 articles and 1,000 how-to sheets, over 800 new or updated articles every year
    From design to prototyping, right through to industrialization, the reference for securing the development of your industrial projects

    This article is included in

    Management and innovation engineering

    This offer includes:

    Knowledge Base

    Updated and enriched with articles validated by our scientific committees

    Services

    A set of exclusive tools to complement the resources

    Practical Path

    Operational and didactic, to guarantee the acquisition of transversal skills

    Doc & Quiz

    Interactive articles with quizzes, for constructive reading

    Subscribe now!

    Ongoing reading
    Consolidate a coherent new business model