Posts Tagged ‘ business models ’

Hospitals adopt value-based contracts

April 8, 2015
By
Hospitals adopt value-based contracts

The US Centers for Medicare & Medicaid Services and the Health Care Transformation Task Force that includes payers and providers announced in January that they intend for more than fifty percent of their revenue to come from value-based contracts within the next three to five years. These contracts are intended to improve health care quality,…

Read more »

Global trends for strategic planning

March 3, 2015
By
Global trends for strategic planning

PwC studies global trends.  As a business consultancy, they advise governments and businesses on international strategy positions.  In a recent whitepaper, they present a framework for understanding the complexity of events facing the strategy planner.  This exhibit shows the five megatrends juxtaposed with ten situations in which they have and will interact.  By forecasting the…

Read more »

Customers and innovation in the CPG industry

February 1, 2015
By
Customers and innovation in the CPG industry

Why are failure rates for new products so high?  The authors of this article blame the complexity of the retail environment.  E-commerce fosters changes in business models and consumer shopping habits are shifting toward convenience.  Consumer packaged goods (CPG) companies have trouble with knowing on what basis their customers base their buying propensity. The R&D…

Read more »

Large scale logistics efficiency―operating strategy that supports the mission

August 4, 2014
By
Large scale logistics efficiency―operating strategy that supports the mission

Amazon claims “to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices,.”  Through the expansion of its e-commerce platform to other retailers, it expanded its offers to include more than 2 million third-party sellers.  These sellers…

Read more »

Innovation in customer experience improvement at Panera Bread

May 10, 2014
By
Innovation in customer experience improvement at Panera Bread

Rapid-service restaurant, Panera Bread, suffers from slow delivery.  Customers expect to pass through the ordering process without long wait times.  Additionally, if they are dining in, they expect to be served with little delay between the time they order to the time food is delivered to their table.  Queuing theory suggests optimal times for remaining…

Read more »

Sustainability and chocolate

April 8, 2014
By
Sustainability and chocolate

Chocolate has long been a staple in our diets, either for medical or pure pleasure reasons. Recent reports indicate that there is a growing shortage of the cocoa bean used to make chocolate.  Current and futures pricing are rising, as demand increases and availability decreases due to disease, climate changes, agricultural production inefficiencies, and the…

Read more »

Sustainability and the business model

April 8, 2014
By
Sustainability and the business model

A certified B Corporation, Sustainability describes itself as “a think tank and strategic advisory firm, working to catalyze business leadership on sustainability.”  Begun in 1987, the company now has offices in Washington, DC, London, San Francisco, New York, and New Delhi. In this sixty two page report, authors Lindsay Clinton and Ryan Whisnant explore business model innovation as…

Read more »

Oysters and business models―the loss leader pricing strategy

March 12, 2014
By
Oysters and business models―the loss leader pricing strategy

Oyster farms populate nearly all of the US states that have access on the salty waters of the oceans and gulfs.  These farms replace the wild oyster beds that no longer have enough output to meet consumer demand, due in part to human destruction of their environment.  Oysters grow in the brackish waters of estuaries. …

Read more »

Coffee standoff―Tim Hortons vs. Starbucks

February 10, 2014
By
Coffee standoff―Tim Hortons vs. Starbucks

Tim Hortons and Starbucks are two coffee purveyors with somewhat similar backgrounds and now find themselves in direct competition in Canada and the USA. Both companies built their business around coffee.  Starbucks, founded in 1971 in Seattle, WA, opened as a coffee-bean roaster and began surving brewed coffee in the 1980s. Tim Hortons, founded in…

Read more »

The Lean Start-Up Strategy

November 1, 2013
By
The Lean Start-Up Strategy

In the May 2013 issue of the Harvard Business Review, Steve Blank discusses the lean start-up approach to launching companies. Using the business model canvas to sketch out hypotheses, he suggests that lean start-ups first search for business models before building elaborate business plans.  These models are hypothesis driven and depend upon experimentation and feedback…

Read more »