How Can You Find and Study Examples of Continuing Business Model Innovators?
January 25, 2010 by admin
Filed under Uncategorized
Having found that the top growth performing CEOs were continually improving their business models to become more profitable, the next challenge was to see what else could be learned about business model innovation. When I began to look at the earlier history of business model innovation, I saw that improved business models usually came from start-ups and new entrants. So entrepreneurs were obviously focused on this opportunity.
I then became curious about the frequency with which companies enjoyed ongoing success in improving their business models. Where should I find the answer?
I read the profiles of all public companies described in the Value Line Investment Survey over 12 years. I noted the companies that seemed to have completed at least two major successful business model innovations during those years, without regard to their stock-market performance. As a result of either lower stock-price growth or changes in CEOs, many of them did not make my CEO 100 lists during those years.
I contacted these companies by e-mail to request interviews with their CEO and some of the other senior executives. From these contacts, I was able to arrange CEO interviews at over 40 companies.
I performed literature searches on another few dozen companies that confirmed that they had been frequent business model innovators, but these companies declined to be interviewed. Obviously, you can still learn lessons by characterizing the direction that those companies take even if you cannot learn more fine-tuned details.
From these investigations, I became convinced that at least 70 public companies had performed at least two major successful business model innovations in the same business over the 12 years.
I began a year-long analysis. I took what was learned and summarized it in simple form so that more companies could understand how to choose and successfully follow this path. You could obviously do the same thing for the examples that interest you.
To test my thinking, I discussed the work in progress with many of the CEOs and their staffs as well as top strategic thinkers in other companies. Many valuable corrections and improvements were made as a result.
Next, I sought out individual, small company, and nonprofit examples of the themes that the larger, public companies exhibited. Many of these examples are drawn from my personal experiences with the subjects or my long-term interest in their work.
Finally, I kept in touch with all of the individuals and companies so that the information could be as up-to-date as possible.
By: Donald Mitchell
About the Author:
I then became curious about the frequency with which companies enjoyed ongoing success in improving their business models. Where should I find the answer?
I read the profiles of all public companies described in the Value Line Investment Survey over 12 years. I noted the companies that seemed to have completed at least two major successful business model innovations during those years, without regard to their stock-market performance. As a result of either lower stock-price growth or changes in CEOs, many of them did not make my CEO 100 lists during those years.
I contacted these companies by e-mail to request interviews with their CEO and some of the other senior executives. From these contacts, I was able to arrange CEO interviews at over 40 companies.
I performed literature searches on another few dozen companies that confirmed that they had been frequent business model innovators, but these companies declined to be interviewed. Obviously, you can still learn lessons by characterizing the direction that those companies take even if you cannot learn more fine-tuned details.
From these investigations, I became convinced that at least 70 public companies had performed at least two major successful business model innovations in the same business over the 12 years.
I began a year-long analysis. I took what was learned and summarized it in simple form so that more companies could understand how to choose and successfully follow this path. You could obviously do the same thing for the examples that interest you.
To test my thinking, I discussed the work in progress with many of the CEOs and their staffs as well as top strategic thinkers in other companies. Many valuable corrections and improvements were made as a result.
Next, I sought out individual, small company, and nonprofit examples of the themes that the larger, public companies exhibited. Many of these examples are drawn from my personal experiences with the subjects or my long-term interest in their work.
Finally, I kept in touch with all of the individuals and companies so that the information could be as up-to-date as possible.
By: Donald Mitchell
About the Author:
Donald Mitchell is an author of seven books including Adventures of an Optimist, The 2,000 Percent Squared Solution, The 2,000 Percent Solution, The 2,000 Percent Solution Workbook, The Irresistible Growth Enterprise, and The Ultimate Competitive Advantage. Read about creating breakthroughs through 2,000 percent solutions and receive tips by e-mail by registering for free at
Las Vegas Promotion Codes – Innovative Ideas for Blissful Shopping
December 29, 2009 by admin
Filed under Destinations
The concept of online commerce is constantly endowed with fresh ideas to lure the interest of millions of online shoppers. The cities like Las Vegas, which is admired for shopping stores and hotels, are always in process of refining the shopping facilities offered by them.
The promotion codes distributed online are amongst tried and trusted strategies to enhance the virtue of online shopping. These tools perform a two-way task by bringing discounted shopping and hotel deals to online surfers and at the same time, promoting business stores and hotels amongst their targeted audiences.
Concept before Internet Existence
The concept of offering discount vouchers and coupons is not a new one. Before the emergence of Internet, the offline stores also used to offer these coupons. The trend was also followed by big hotels and restaurants to attract the prospective customers. Needless to say, the idea of promotion coupons caught popularity and Internet based stores further enhanced their acceptance manifolds.
Misconception Surrounding Promotion Codes
The promotion codes or voucher codes are sometimes considered as illegal ways of promoting one’s business products and services. However, these codes are just another promotion tools for retailers and online store owners. There is no intention of fraudulence or any other illicit activity while offering these codes online. To make sure you make right use of these promo codes, it is advised to read the terms and conditions of their applicability.
Making Best Use of Promo Codes
While utilizing promotion codes, you must follow some general guidelines, as mentioned below:
• First and foremost, read all terms and conditions accompanying promo codes to confirm what is actually offered.
• You must tally the promotion offers with original offers made by the company on various products and services.
• Check the validity of these codes and date of their expiration.
• Also, heck out various branches and affiliated websites, for which the promotion codes offered hold validity.
Online Places to Find Promo Codes
Keeping in mind the fact that Las Vegas promotions are offered in limited amount, it is difficult to access these codes online. However, there are many web portals, which have started accumulating these codes and coupons at one place. These web portals place promotion codes in different categories like clothes, footwear, jewelry, hotels, spas and vacation packages and so on. Thus, using these significant web tools, you can easily access Vegas promo codes and save considerable amount of bucks during each shopping session.
The codes offering Vegas promotions are becoming the preferences of online stores and hotels.
Simultaneously, those accessing these codes are benefited to save bucks on various online deals. So, next time you are ready to make an expensive purchase online, don’t forget to check the associated promotion codes with it. Do not miss this lifetime opportunity of Las Vegas Promotions as good luck never bangs on door all the time. After all, these promotional codes promise you extensive entertainment and that too at pocket-friendly costs. Now, what are you waiting for? Grab those money-saving promotional codes today!
By: Clara Ghomes
About the Author:
The promotion codes distributed online are amongst tried and trusted strategies to enhance the virtue of online shopping. These tools perform a two-way task by bringing discounted shopping and hotel deals to online surfers and at the same time, promoting business stores and hotels amongst their targeted audiences.
Concept before Internet Existence
The concept of offering discount vouchers and coupons is not a new one. Before the emergence of Internet, the offline stores also used to offer these coupons. The trend was also followed by big hotels and restaurants to attract the prospective customers. Needless to say, the idea of promotion coupons caught popularity and Internet based stores further enhanced their acceptance manifolds.
Misconception Surrounding Promotion Codes
The promotion codes or voucher codes are sometimes considered as illegal ways of promoting one’s business products and services. However, these codes are just another promotion tools for retailers and online store owners. There is no intention of fraudulence or any other illicit activity while offering these codes online. To make sure you make right use of these promo codes, it is advised to read the terms and conditions of their applicability.
Making Best Use of Promo Codes
While utilizing promotion codes, you must follow some general guidelines, as mentioned below:
• First and foremost, read all terms and conditions accompanying promo codes to confirm what is actually offered.
• You must tally the promotion offers with original offers made by the company on various products and services.
• Check the validity of these codes and date of their expiration.
• Also, heck out various branches and affiliated websites, for which the promotion codes offered hold validity.
Online Places to Find Promo Codes
Keeping in mind the fact that Las Vegas promotions are offered in limited amount, it is difficult to access these codes online. However, there are many web portals, which have started accumulating these codes and coupons at one place. These web portals place promotion codes in different categories like clothes, footwear, jewelry, hotels, spas and vacation packages and so on. Thus, using these significant web tools, you can easily access Vegas promo codes and save considerable amount of bucks during each shopping session.
The codes offering Vegas promotions are becoming the preferences of online stores and hotels.
Simultaneously, those accessing these codes are benefited to save bucks on various online deals. So, next time you are ready to make an expensive purchase online, don’t forget to check the associated promotion codes with it. Do not miss this lifetime opportunity of Las Vegas Promotions as good luck never bangs on door all the time. After all, these promotional codes promise you extensive entertainment and that too at pocket-friendly costs. Now, what are you waiting for? Grab those money-saving promotional codes today!
By: Clara Ghomes
About the Author:
What are the best resources for finding online Las Vegas promotions? You can search for latest trends in various categories like hotels by referring to our article directory.
