In good company
1/11/11 / Karla Raines
The January/February edition of the Harvard Business Review is dedicated to business model reinvention. Great minds think alike. Team Corona released its Synergistic Business ModelTM framework for nonprofits in fall 2010. Like the smart folks at the HBR, Corona had observed that business models, like strategy, need to be revised and even reinvented to ensure relevance and sustainability. A good starting point – understanding your current business model and strategy. Corona’s framework helps identify the secret sauce in your business model design. Yup – the right combination of secret ingredients can give you a competitive edge.
To our friends at the HBR, we’d be happy to bring our insights about nonprofits to a future issue…