What are the most common mistakes companies make when changing their business model?
Changing your business model can be a strategic move to adapt to changing markets, customer needs, or competitive pressures. However, it can also be a risky and complex process that requires careful planning, execution, and evaluation. Many companies make common mistakes when they try to change their business model, which can lead to wasted resources, lost opportunities, or even failure. In this article, we will discuss some of the most common mistakes companies make when changing their business model and how to avoid them.