New Business Models require New Mental Models

The biggest challenge to organizations is not new technology but rather the mental models of leaders.

Q: So what can a leader do to ensure the firm’s future success?

A: Here are 5 steps that will help you change your business/mental model

1. Write down your current belief system. (For example, we make, market and sell ______.) 

2. Question your beliefs. (Is making and selling ______ the best way to create value?)

3. List opposing beliefs. (Use knowledge of ‘______’ and many relationships to create a digital platform for our customers.) 

4. Test your new beliefs with customers, investors, suppliers and employees. (Build a test platform for the ______.)

5. Roll out your new, updated beliefs as a scalable business model. 

Below is my recent twitter stream of 5 tweets to change Business Models, Mental Models & Strategy

You can follow me on twitter.com/achtungparag to get more updates related to #businessmodels #innovation #strategy #entrepreneurship