Tag: Business Planning

Approaches to Business Models

May 10, 2017

Comparable to strategic resources, ordinary resources can be used to build profitable business models. However, a business model leveraging many ordinary resources will often take a different approach that one focused on scarce strategic resources.

  BUSINESS MODELS FOCUSED ON STRATEGIC RESOURCES BUSINESS MODELS FOCUSED ON ORDINARY RESOURCES
ACCESSIBILITY OF RESOURCES Scarcity (unique and protected) Abundance (available or discarded)
CONNECTION TO RESOURCES Ownership/Protection Sharing/Access
VALUE AWARENESS OF RESOURCES High Value Lower Value
COST OF ACQUISITION High Cost Lower Cost