Companies with a strong business model outperform their competitors by 1.5 times on average.
Only 28% of startups have a well-defined business model at launch.
Companies that focus on business model innovation generate 5.4 times more revenue growth and 8 times more profit growth than their peers.
- McKinsey & Co, 2018
Businesses that pivot their business model at least once raise 2.5 times more money, have 3.6 times better user growth, and are 52% less likely to scale prematurely.
- Harvard Business Review, 2013
Companies with a customer-centric business model have a 60% higher profit growth and a 2.4 times higher revenue growth than their peers over a ten-year period.
- Deloitte, 2015
Companies that continuously innovate their business models generate 30% more revenue growth than those that do not.
-McKinsey, 2015
81% of executives believe that their company's future success depends on being able to adapt their business models quickly to changing market conditions.
- Accenture, 2015
A study of 170 large companies across industries and geographies found that those with a strong alignment between their business model and operating model outperform their peers by 400% and were more profitable, grew faster, and were better at adapting to changing market condition.
Companies with a strong business model outperform their competitors by 1.5 times on average.
- Harvard Business Review, 2017
