As a new entrant to market, at Halo we’re not afraid to embrace successful business working strategies from across all business sectors. Boston Consulting have recently published an insightful article:
Business Model Innovation: Ten Lessons from Nonprofits
They explain how business model innovation (BMI) is a capability that can be developed, and that BMI involves changing multiple components of a business with the goal of redefining how it operates or delivers value.
We have an approach of continual improvement to all our processes, including the business model, so hearing about other peoples successes made a great deal of sense to us.