TY - BOOK AU - Newth,Francine TI - Business models and strategic management: a new integration T2 - Strategic management collection, SN - 9781606494028 (electronic bk.) AV - HD30.28 .N483 2012 U1 - 658.4012 23 PY - 2012/// CY - [New York, N.Y.] (222 East 46th Street, New York, NY 10017) PB - Business Expert Press KW - Industrial management KW - Strategic planning KW - business models KW - capabilities and competencies KW - competitive advantage KW - revenue streams KW - strategic direction KW - strategy KW - value creation for the business model-centric organization KW - value proposition KW - business model innovation KW - business model agenda N1 - Part of: 2012 digital library; Includes bibliographical references and index; List of figures -- Acknowledgments -- Introduction -- Module 1. What is a business model? -- Module 2. Business model and financial management -- Module 3. Business model and strategic direction -- Module 4. Business model and competitive advantage -- Module 5. Business model and strategy -- Module 6. Business model and innovation -- Module 7. Business model agenda -- Appendices -- Notes -- References -- Index; Access restricted to authorized users and institutions; Also available in print N2 - Do you manage to your business model? The purpose of this book is to provide the reader with the insights to strategically manage from a business model perspective. What does that mean? It means that managers have to first think rigorously about their value proposition, their current or future competencies, and their revenue streams and cost structure before developing, adopting, or modifying their strategies. What is the difference between a business model and a strategy? A business model is how a company operates and a strategy is how a company competes. When the basis of competition changes because a new model disrupts the economics in the industry (e.g., publishing and book retailing) it requires an adjustment in business models before any new strategy can work. This book adds a business model level to the traditional strategic management process to be more consistent with current "real-world" practices in strategic thinking and analysis. It takes the reader deeper into the intricacies of what constitutes a business model and how current strategy is derived from it. It is based on the premise that effective strategies cannot be formulated without understanding the fundamental elements of a business model UR - http://site.ebrary.com/lib/daystar/Doc?id=10642439 ER -