Business Model Reengineering - Business Strategy, Business Development and Consulting
Business Model Reengineering is a process in which a company's business model is comprehensively changed to deliver higher profits and higher value to customers.
Each element in the business model is analysed and changed to increase performance this can include changes to - 1. Cost structure, 2. Key activities, 3. Key partnerships, 4. Key resources, 5. Revenue streams, 6. Customers, 7. Customer relationships, 8. Marketing Channels, 9. Products & services. Finally, targets are set and appropriate correcting measures are put in place to deal with any divergence from the desired outcome. Business Model Reengineering is typically used in the building of Business Strategy, Business Development and Consulting.
Benefits of Business Model Reengineering with Business Strategy, Business Development & Consulting are:-
- Increased operating profits by having better business efficiency and alignment
- Assisting companies in adapting to rapidly changing markets and industries
- Increased profits through growing market share by addressing opportunities
- Freeing up resources to improve core business activities such as R&D, Customer service, Sales & Marketing
- Protecting market share by building on strengths, addressing weaknesses and threats from competition
- Innovating new products & services
- Simplifying or updating business strategy
We have leading expertise in Business Strategy, Business Development, Consulting, Business Models and Canvas much more.
To further discuss Business Model Reengineering and consultancy services please call 0800 804 4944.
At Cloud Precision® we have created unique and powerful solutions to deal with current and future business challenges. Our solutions are designed to help our clients increase their profitability, market agility and competitive advantage. Our solutions include cloud and management consultancy services that resolve business issues from the root cause.