Key Facts or Insights from "The Invincible Company"
- Companies must regularly reinvent themselves to remain competitive.
- Successful reinvention requires a balance between exploiting existing business models and exploring new ones.
- The Portfolio Map is a strategic tool that allows companies to visualize their current business models and identify areas for innovation.
- Five patterns of business model innovation - switch, digitize, combine, disintermediate, and layer & orchestrate.
- The idea of the Business Model Canvas and Value Proposition Canvas as tools to design and iterate business models.
- Companies can learn from the business models of the world's best companies.
- Successful companies...