Strategic Business Model Innovation

Strategic Business Model Innovation refers to the process of rethinking how a company creates, delivers, and captures value to gain a competitive edge. It involves changing the way a business operates, from its products and services to its target market and revenue streams. This innovation can help companies adapt to market changes, meet evolving customer needs, and leverage new technologies. Essentially, it’s about finding fresh ways to succeed and stay relevant in a rapidly changing environment, ensuring long-term growth and sustainability.