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This page contains all of the posts and discussion on MemeStreams referencing the following web page: The Path to Growth. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

The Path to Growth
by possibly noteworthy at 10:05 pm EDT, Mar 15, 2007

Even the most successful business models erode over time.

The key to thriving under such tough conditions is adaptability. ... companies must continually update their business model ...

All of the possible methods of bringing customers value -- anything from more-efficient production lines to new products and services -- boil down to just three fundamental strategies:

* Industrial efficiency, which creates value by producing standardized offerings at low cost. Manufacturers and fast-food restaurants rely on this approach.

* Network services, which creates value by connecting clients to other people or other parts of the network. Telephone companies, delivery services and Internet middlemen such as eBay use this method.

* Knowledge intensive, which creates value by applying customized expertise to clients' problems. Law firms and medical practices are prime examples.

It's everything you need to know.

The article is also available here.

At both locations, there's a sidebar with pointers to further reading.

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