Cxo advisor business model innovation product set 28112012
1. CXO Business model Innovation
ADVISOR
Client Product benefits
pain points
The steps innovating your business model
• Legacy inertia is Step 1 • Overcome
inhibiting innovation Identify opportunites to Step 2 corporate inertia
differentiate
• Trends impacting Derive meaning and manage attention • Manage meaning
our current business and attention
model • Being different is
• Business plans not the same as
based on legacy differentiating
rather than • Build walls rather
opportunity than buy ladders
• Strategic cycle • The S L I engine
slower than market keeps the strategy
developments current and active
• Unclear market or • The strategy is
product position v Step 4 agile – it changes
as the environment
• Vision to execution Run your SLI engine
choked or defunct
Step 3 changes
Map your strategy to the 3 Role Model™ • All stakeholders
• Resourcing based on
Use 3RM to: understand what
legacy rather than
• Resource the strategy, Prioritise, Position, Track has to be done, and
strategic sourcing or
when
BPaaS opportunity
• Practical strategy –
• We are not building apply driving
walls for others to principles at all
climb levels of the
business