How Pivoting Your Enterprise Strategy Impacts Your Business Model and Business Processes
Business Strategy, Business Models, and Business Processes are presented as points along the same continuum of business operations between the conceptualization, planning and execution steps in an enterprise. The impact of a pivot on the strategy can have a potentially tremendous impact on your business model and business processes. Strategy pivots can create ripples or tsunamis in the business models and business processes. How do you anticipate and cope with these?
In this article (Part 1), I lay the groundwork for understanding this impact by clarifying the definition and relationship between these concepts, understanding how they interact with each other, and what is the scope of their influence within an organization.