Business Model: The highest form of enterprise competition

Author: Li Zhenyong
Publisher:
Publish Date: 2006-10-01
Features: After experiencing two stages of factor-driven and investment-driven growth, Chinese enterprises are beginning to advance to a higher level. It is no longer an era where businesses can succeed solely based on a single product or technology, nor is it a time when a few small ideas or a single speculative venture can determine the outcome. To ensure survival and sustainable profitability, businesses must rely on systematic planning and collective strength, which is the design of business models. Future competition among businesses will be a competition of business models. Business model competition represents a higher form of corporate competition! Business models are crucial to the survival, prosperity, and success of a company. To achieve success, businesses must start with the formulation of a successful business model, especially for newly established and growing companies. Business models are the key to winning in corporate competition.