Modern Business Models Are The New Competitive Threat
Written By: Barry Libert & Megan Beck
Recent news headlines and research make it clear that traditional asset-based companies are losing customers, employees, and value to today’s large and growing technology-based unicorns and trillion-dollar platforms. In fact, the most recent research by CB Insights shows that the number of unicorns (billion-dollar startups) is growing dramatically as more industry-wide platforms are being developed to remove the inefficiencies in traditional cross-industry supply chains. We aim to answer three simple questions on the mind of leaders today. First, what is behind the growth in unicorns and trillion-dollar platforms? Second, what are their unique and unifying aspects? And third, how can other companies benefit from these best practices to create superior returns?
