The Resource Building a Winning Business Model Portfolio, Aversa, Paolo, (electronic resource)

Building a Winning Business Model Portfolio, Aversa, Paolo, (electronic resource)

Label
Building a Winning Business Model Portfolio
Title
Building a Winning Business Model Portfolio
Statement of responsibility
Aversa, Paolo
Creator
Contributor
Author
Subject
Genre
Language
  • eng
  • eng
Summary
Across many industries, companies are using innovative business models as a basis for competitive advantage. In recent years, for example, upstarts such as Uber Technologies Inc. and Airbnb Inc. have used multisided business models to leverage ordinary resources against established competitors that rely on unique resources. Increasingly, organizations are adopting two or more business models at once to tap into resources and capabilities that aren't available through other means. As companies attempt to diversify into portfolios of business models that achieve higher performance than other configurations, they need to match their own resources and capabilities to the external opportunities they face. In this article, the authors argue that executives need to assess whether there is fit not only between the activities underpinning the business models they use but also across multiple business models. How can companies assess whether there are advantages to using multiple business models? And when might it make sense to focus on fewer business models rather than more? To develop their understanding of business models, the authors studied the Formula One auto racing industry, the various businesses operated by Amazon.com Inc., and nearly 50 other companies. This article addresses three core questions: • What should you consider when thinking about business model diversification? • In deciding to add a new business model to your portfolio, how can you assess and optimize its value? • How should you modify your business model portfolio over time? Like other forms of corporate diversification, the authors say, business model diversification does not always generate superior performance. In settings where a business model isn't generating the synergies that were envisioned, managers shouldn't be afraid to streamline, improve, or divest from some business models in the portfolio to focus on and bolster the activities that are strategically optimal. Although it's common for executives to focus on financial performance, the authors write, “good managers seek to exploit new opportunities to create additional value, such as cross-selling, differentiation, reputation, user data, and capability development. Managed wisely, business model diversification can help executives improve performance and advance the purpose of the enterprise.”
http://library.link/vocab/creatorName
Aversa, Paolo
Nature of contents
standards specifications
http://library.link/vocab/relatedWorkOrContributorName
  • Haefliger, Stefan
  • Reza, Danielle
  • Safari, an O'Reilly Media Company
http://library.link/vocab/subjectName
  • Creative ability in business
  • Creative thinking
  • Technological innovations
  • New products
Label
Building a Winning Business Model Portfolio, Aversa, Paolo, (electronic resource)
Link
https://www.safaribooksonline.com/library/view/-/53863MIT58422/?ar
Instantiates
Publication
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Dimensions
unknown
Edition
1st edition
Extent
6 p.
Form of item
online
Issuing body
Made available through: Safari, an O'Reilly Media Company.
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
53863MIT58422
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (Sirsi) a276479
  • (Safari)53863MIT58422
System details
Mode of access: World Wide Web
Label
Building a Winning Business Model Portfolio, Aversa, Paolo, (electronic resource)
Link
https://www.safaribooksonline.com/library/view/-/53863MIT58422/?ar
Publication
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Dimensions
unknown
Edition
1st edition
Extent
6 p.
Form of item
online
Issuing body
Made available through: Safari, an O'Reilly Media Company.
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
53863MIT58422
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (Sirsi) a276479
  • (Safari)53863MIT58422
System details
Mode of access: World Wide Web

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