MIT Sloan Management Review Article on Modern Business Models Will Drive the Post-Pandemic World
- 5m
- Barry Libert , Jim Curry, K.D. de Vries, Lanham Napier
- MIT Sloan Management Review
- 2020
To remain relevant and resilient, companies and leaders must strive to build business models using three key components for growth.
In the face of a global health and economic crisis, many traditional companies have suffered tremendous losses, and some have shuttered their doors. Those that heavily rely on physical capital (for example, stores, goods) and human capital (for example, services) were already vulnerable in economic downturns. The pandemic has exacerbated the lack of resilience in these business models, which have struggled to compete against digitally centric companies that can leverage data and machine learning to create valuable insights, intelligence, and capabilities across the organization.
About the Author
Lanham Napier (@lnapier) was the CEO of Rackspace and is the CEO and cofounder of BuildGroup, a permanent capital fund that invests in growth companies and private investments in public equity. Jim Curry was a senior member of the Rackspace leadership team and cofounded BuildGroup, where he leads the company’s investment activities. Barry Libert (@barrylibert) is the CEO of AIMatters, a business model data science startup. He is a strategic adviser to BuildGroup and sits on a number of its portfolio company boards. K.D. de Vries is in charge of marketing and thought leadership at BuildGroup.
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MIT Sloan Management Review Article on Modern Business Models Will Drive the Post-Pandemic World