straight talk
MARK BARNES: Revising models will ensure a business remains fighting fit
Changing course is tough, but staying static means the new-idea wolves will be scratching at your door
Maybe it’s just seasonal (winter, no rain) but I’ve noticed a lot more repairs and maintenance happening on the outside of residential buildings. There’s always a pay-off profile to upkeep. It’s always easier to defer. It’s seldom wise. In the case of buildings, the new coat of paint is simply to guard against the known and repetitive forces of nature that recur season after season, year after year. It’s to protect the status quo — necessary, but hardly exciting.
Mature business models face a very different set of challenges. Rapid and significant changes in technology have enabled disrupters to become effective competitors in far shorter time frames than were imaginable barely two decades ago...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.