New Business Models
ICT has enabled many businesses to exploit new structures.
For example Amazon has no shop front but it has very sophisticated warehouses with automated picking. But now it will sell over the web products which its suppliers may hold and despatch direct.
And now it will sell to you all the tools it uses.
And there are many other examples of new models.
Read Wikinomics. Or flip through this 21st Century Business Models PowerPoint.
Many businesses need to look at their fundamentals. BMW Has done this – BMW does not manufacture BMWs!
And by the way the world is changing – there is more to globalisation than cheap labour.
And so are your staff – the new young ones work to different rules – and not your rules.
Please let us have your comments on this page.