Disruptive businesses
Disruptive businesses
Javi Creus: four keys to regenerate business models after Covid-19
Javi Creus: four keys to regenerate business models after Covid-19
2 de julio de 2020
By the editorial team. (Original publication in Spanish)
In light of the new expectations arising from the coronavirus, Javi Creus, founder and director of Ideas for Change, has analysed for Forbes España what the four keys or quick-wins are that will help to regenerate business models. After months of interruption, the scenario in which we return to action is unusual and uncertain: “What has occurred during these months has reformulated the priorities of society and, with that, the demands of citizens who are much more aware of what their preferences are. But it has also transformed the supply: what is now abundant, scarce or equivalent,” asserts Creus in the article.
In this article, we review what these four quick wins are and how the Pentagrowth methodology for designing disruptive business models can help organisations gain viability and speed in their exit from the crisis:
Activate all that is available: The new business habits have given rise to resources that had remained hidden. The challenge lies in integrating these new resources while also imagining how to value those that remain underutilised in adjacent businesses.
Simplify the value chain: Systematically reviewing the production processes and the generation of the commercial offer of organisations now presents a great opportunity. A new relationship between internal and external effort will allow for streamlining and making the value chain more efficient.
Accelerate transformation: In the context of the current crisis, institutional, business, and civic cooperation has proven to be more valuable than ever. Building a joint ecosystem for value generation that serves as a benchmark for other markets can lead to success in the business environment.
Strengthen resilience: Covid-19 has distinctly demonstrated that all companies depend on their communities. Sharing knowledge and value openly to stimulate the creation of informal alliances that enhance resilience will represent a fundamental value to ensure business survival.
Overcoming the impact of Covid-19 and building a more ambitious future will, as Creus indicates, be a less daunting task for those organisations willing to remember what has occurred and to incorporate quick-wins into their future projections that respond to all that has been learned.
The full article is available at this link from Forbes magazine.
By the editorial team. (Original publication in Spanish)
In light of the new expectations arising from the coronavirus, Javi Creus, founder and director of Ideas for Change, has analysed for Forbes España what the four keys or quick-wins are that will help to regenerate business models. After months of interruption, the scenario in which we return to action is unusual and uncertain: “What has occurred during these months has reformulated the priorities of society and, with that, the demands of citizens who are much more aware of what their preferences are. But it has also transformed the supply: what is now abundant, scarce or equivalent,” asserts Creus in the article.
In this article, we review what these four quick wins are and how the Pentagrowth methodology for designing disruptive business models can help organisations gain viability and speed in their exit from the crisis:
Activate all that is available: The new business habits have given rise to resources that had remained hidden. The challenge lies in integrating these new resources while also imagining how to value those that remain underutilised in adjacent businesses.
Simplify the value chain: Systematically reviewing the production processes and the generation of the commercial offer of organisations now presents a great opportunity. A new relationship between internal and external effort will allow for streamlining and making the value chain more efficient.
Accelerate transformation: In the context of the current crisis, institutional, business, and civic cooperation has proven to be more valuable than ever. Building a joint ecosystem for value generation that serves as a benchmark for other markets can lead to success in the business environment.
Strengthen resilience: Covid-19 has distinctly demonstrated that all companies depend on their communities. Sharing knowledge and value openly to stimulate the creation of informal alliances that enhance resilience will represent a fundamental value to ensure business survival.
Overcoming the impact of Covid-19 and building a more ambitious future will, as Creus indicates, be a less daunting task for those organisations willing to remember what has occurred and to incorporate quick-wins into their future projections that respond to all that has been learned.
The full article is available at this link from Forbes magazine.
