Fierce local and international competition is forcing Asian companies to increasingly embrace business model innovation. With many interesting case studies, this research article from Innosight explains how the businesses in Asia is evolving and what are the implications for companies from developed countries.

1. THENEXTOF BUSINESS MODELS
IN EMERGING ASIA WAVE

2. Asher Devang Christian Kruse Andy Parker Pontus Siren
The authors
The full research article with case studies is available at
MIT Sloan Management Review

3. Asia is the fastest growing
economic region in the world

4. that have been driven its
growth and evolving
two wavesof business model

5. The First Wave is based on
the replication of existing
business models at
lower cost

6. and the emerging
Second Wave is driven by
novel business models

7. where companies
radically

9. and identify
creative ways of
orchestrating
partnerships and
ecosystems

10. Opportunities
Challenges
The Second Wave creates

11. To assess the opportunities
and threats, companies
have to address

12. To what degree is your business at risk?
1

13. Not all industries face
imminent disruption

14. Companies should scan for
early indicators of disruption

15. Companies should scan for
early indicators of disruption
policy change
New VC trends
new entrants

16. How can others do what you are doing, differently?
2

17. Businesses have to
reimagine themselves
and to develop new
business model

18. innovation programs operating along venture capital lines
will be efficient ways to develop new business model

19. How can you test and scale a new business model?
3

20. Successful new business models
typically pivot several times
before finding the right path

21. The execution team
should be operating
outside the core business

22. with sponsorship from
senior leaders,

23. test and refine their new business models
in a rigorous and structure way

24. To Sum

25. Fierce competition is forcing Asian
companies to increasingly embrace
business model innovation

26. The future belongs
to those that can
adapt quickly

27. www.innodiary.org
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