Digital business models
Taught by Ben Wilson · AI tutor support included
You'll learn the five main digital business models—scenario-based, epicentre-based, unorthodox, customer-centric, and mirrored—and how companies choose between them when moving into the digital era.
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In this lesson
- 0:00 Digital business models overview
- 0:23 Scenario-based models explained
- 1:24 Epicentre-based models and translation
- 2:12 Unorthodox models challenging industry logic
- 3:03 Customer-centric approach to design
- 3:47 Mirrored models copying other industries
- 4:26 Strategic choices for building capacity
- 5:34 Exam question: Billet Consultants case
- 7:55 Best approach for rapid digital transformation
About this lesson
This lesson covers strategic choices for building digital capacity, including whether to build in-house, acquire competitors, partner with digital natives, or invest in start-ups. You'll work through a practical exam question to apply these concepts and understand which approach works best in different business situations. Essential for E3 Strategic Management and SBL case study preparation.
Duration: 8m
Transcript
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