Many of today's global enterprises are on autopilot. Over 50% of them are operating on an old or almost expired business model. Around 30% of them are just a few years away from the end game. These large companies are all screaming change and transformation but merely rearranging deck chairs on the Titanic. It is not about their intent nor putting their best efforts; it is a very hard job to change and transform. The structures, systems and leadership styles are prohibiting them. Decades of best practices in management control systems, business processes and efficiency initiatives are making them vulnerable to disruptions.
Every organisation needs to explore new white space to facilitate product and service innovation. But this is even more complicated when an opportunity spans across multiple industries and business units. The lines between product design, service design, operations design and business design are blurred. So it is time to start rethinking the design of your business model. All organisations have to deal with the challenge of designing a sustainable business model. Service design is a key component of any business model transformation and there are many gaps for organisations to fill. So, whether you are a business enterprise, government or not-for-profit organisation, before your business model has overly expired, it is time to act.
33. which is more human?
Banking
Experience
Airline
Experience
1 2 3 4 5 6 7 8 9 10
Disney
Experience
Amazon
Shopping
Experience
Apple Store
Experience
Starbucks
Experience
Which experiences do you consider or perceive to be more human?
Source: IC CX Survey 2015 n 1128
2.5
8.4
9.3
4.8
4.7
8.2