Topics: Wal-Mart, Management, Marketing Pages: 2 (400 words) Published: February 27, 2013
Arinta Tampubolon (29111458)
BLEMBA 11 / Pre-Assignment
Business Leadership
Syndicate: 2
- Arinta Tampubolon- Ilyasa Haqani
- Reante- M Heriyas
- Wendy martedi- Andhyka
One secret to maintaining a thriving business is recognizing when it needs a fundamental change Business model innovations have reshaped entire industries and redistributed billions of dollars of value. Retail discounters such as Wal-Mart and Target, which entered the market with pioneering business models, now account for 75% of the total valuation of the retail sector. Low-cost U.S. airlines grew from a blip on the radar screen to 55% of the market value of all carriers. Fully 11 of the 27 companies born in the last quarter century that grew their way into the Fortune 500 in the past 10 years did so through business model innovation. Business Model: A Definition

A busingess model, consist of four interlocking element that taken together, create and deliver value. * Customer Value Proposition CPV
A way to help customer get an important job done.
* Profit Formula
The blueprint that defines how the company create value for itself while providingvalue to the customer. It consist the following: * Revenue Model
* Cost Structure
* Margin Model
* Resource Velocity

* Key Resource
The key resource are assets such as people, technology, product,facilities, equipment, channels, and brand required to deliver the value proposition to the targeted customer. * Key Processes
Successful companies have operational and managerial processes that allow them to deliver value in a way they can successfully repeat aand increase the scale. There are five strategic circumstances that often require business model to...
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