Why do we trust some companies and not others?
We have studied more than 100 companies that are practicing Sustainable Business Model Innovation (SBM-I), a way of continually evolving business models for both economic advantage and social impact. We describe the four steps to generate sustainable competitive advantage.
In the absence of excessive regulation or anti-competitive practices, industries are observed to evolve toward an optimal market structure described by the Rule of Three. The authors, building on Bruce Henderson's original research, explore how the rule works in today's global environment.
Leaders now need to refocus on the long term and attend to five key imperatives.
Kristin Peck, CEO of Zoetis, and Don Allan, president and CFO of Stanley Black & Decker, discuss what it takes to make a company resilient and how resilience creates advantage.
“I really believe in open innovation, where you use the capabilities of crowdsourcing to get access to know-how, capabilities, and also domain expertise that you don’t have in-house.”
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