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- In our formulation, strategy and business model, though related, are different concepts: a business model is the direct result of strategy but is not, itself, strategy. Our framework also distinguishes between tactics and strategy, a separation that is possible because strategy and business model are different constructs.
www.sciencedirect.com/science/article/abs/pii/S0024630110000051
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Business model, we argue, is a reflection of the firm’s realized strategy. We find that in simple competitive situations there is a one-to-one mapping between strategy and business model, which makes it difficult to separate the two notions.
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A business model and a strategy are two different animals. One explains who your customers are and how you plan to make money by providing them with value; the other, how you’ll beat...
Sep 25, 2017 · A strong relationship between business models and strategy is manifested in two ways: Business models are often defined from a strategic point of view while strategic issues are pointed out as important business model elements.
- Marko Peric, Jelena Durkin, Vanja Vitezic
- 2017
Nov 24, 2009 · We show that the concepts of strategy and business model differ when there are important contingencies upon which a well-designed strategy must be based. Our framework also delivers a clear separation between tactics and strategy.
Apr 1, 2010 · We present a conceptual framework to separate and relate the concepts of strategy and business model: a business model, we argue, is a reflection of the firm's realized strategy. We find that in simple competitive situations there is a one-to-one mapping between strategy and business model, which makes it difficult to separate the two notions.
- Ramon Casadesus-Masanell, Joan Enric Ricart
- 2010
Feb 1, 2018 · A business model “is a reflection of the firm's realized strategy.” (Casadesus-Masanell and Ricart, 2010) Business model innovation, “initiatives to create novel value by challenging existing industry-specific business models, roles and relations in certain geographical market areas” (Aspara et al., 2010, p.47)
Apr 10, 2020 · By virtue of being a more granular concept than strategy, the business model construct can enable the developments of insights more easily and more effectively than the strategy literature ever did. Our Figure 1 shows a potential roadmap for additional research on business models.