Changing the game: reinventing business models for radically-enhanced advantage
Every organization seeks to innovate, and many succeed. However, a sole focus on product and process innovation, however brilliant, may forgo a larger upside. Increasingly, the most powerful locus of innovation is the business model. Companies that successfully rethink how they do business, pairing powerful new value propositions with complementary and perhaps equally revolutionary operating models, can transform their industries. And these seismic shifts are often more critical—and more possible—in a challenging economic climate.
This taskforce will construct an action plan for changing the game, addressing:
• When is reinvention the right move?
• What are the barriers to true business model innovation?
• How can investors and regulators facilitate game-changing moves?
• How can companies successfully manage their transformation?
Led by Mike Deimler, Global Leader, Strategy Practice, BCG
Discussion leaders: Juan Luis Cebrian, CEO, Grupo Prisa
Jane Friedman, CEO, Open Road Media
Jack Hidary, Entrepreneur and Founder, Hidary Foundation
Meyer Hoffmann, COO, Mikimoto
Raja Rajamannar, SVP and Chief Innovation & Marketing Officer, Humana
Gary Shainberg, VP, Technology & Innovation, BT