New Business Models: Not as Sexy as New Tech, But Potentially Bigger Impact

Business model innovation doesn’t get the attention that leading-edge technology does, but it promises to have a far greater impact, with much less investment in people, facilities and technology.

This article explores some of the many possibilities that companies should consider in the area energy sector, with real-world examples of each – everything from the ways in which a company runs its own business to innovative ideas for starting new ones and creating new markets. When companies embrace novel approaches, either internally or externally, they open new opportunities for drastically reducing energy consumption or expanding the use of alternative sources of energy.

This article also points out how all this can be done without scientists, labs or new technologies – simply by adopting a new way of thinking about what a business does, and how it does it.

Read full article » online.wsj.com/article

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  • http://www.streetsmartmarketing.com.au/business/ business ideas

    Good read! Thanks for the share.

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