Remove Customer Value Remove Innovation Remove Profitability Remove Value Proposition
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Business Model Innovation (BMI): Business Model Journey

Flevy

As we all know, innovative Business Models can reshape industries and drive tremendous growth. However, Corporate Renewal and Business Model Innovation (BMI) is difficult , as many executives do not understand what truly drives BMI. Profit Formula – For a business model to be viable, it must be able to make the company money.

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Does Your Strategic Planning Process Incorporate Customer Value?

Luminas Strategy

As managers we, of course, believe that our organizations have a unique value proposition and that our offerings somehow provide us with a competitive advantage even if we are unable to articulate how this occurs. Many organizations unknowingly offering de facto customer or stakeholder value as if they are operating on autopilot.

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Cracking the Consulting Code: Top 10 Innovation Frameworks

Flevy

Based on sales and downloads of the FlevyPro frameworks , here is what we found to be the top 10 Innovation frameworks used by management consultants. Business Model Journey Business Model Innovation (BMI) has the power to redefine industries and catalyze significant growth.

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Solution Selling: Challenges, Benefits and Best Practices

Arpedio

These solutions may involve a combination of products, services, and expertise customized to address the customer’s unique needs. Value Proposition Development: In solution selling, it’s essential to articulate the value proposition of the proposed solution clearly.

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What is a Strategy Map?

ClearPoint Strategy

The four perspectives for for-profit organizations include: Finance. The customer value proposition should be at the core of your strategy, which is why it comes directly after the financials (or mission). For-profit companies typically focus on achieving one of these three value propositions: Product leadership.

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Account Segmentation: Aim for the Bull’s Eye

SalesGlobe

A good start is to look at your largest and most satisfied customers. What makes them happy, profitable customers? Segmenting your accounts allows you to focus your sales resources, sales processes, and value proposition on the most attractive parts of the market with the best fit for the client.

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Insight – Understanding is the Foundation of an Effective Sales Strategy

SalesGlobe

The feedback not only drives product/service improvements but provides a valuable perspective into the customer’s decision-making process, the company’s reputation, and the lifetime customer value. How do they solve the customer’s problems? Is their message compelling and provides a relevant value proposition?