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The Transformative Business Model (The six keys to success (A more…

- - - - No new technology can tranforman industry unlees a business can link it to a an emerging market need. How can
        you tell whether a model will succeed indoing that?
    - - Transformative business models tend to
        include three or more of these features:
        (1) personalization, (2) a closed-loop
        process, (3) asset sharing, (4) usage-based
        pricing, (5) a collaborative ecosystem, and
        (6) an agile and adaptive organization.
    - - The authors undertook an in-depth
        analysis of 40 companies that launched new business models in a variety of
        industries. Some had transformed theirindustries; others looked promising but
        ultimately didn’t succeed.