Tag Archives: strategy vs business model

The difference between business model & strategy

August 22nd, 2010
“Every viable organisation is built on a sound business model, but a business model isn’t a strategy, even though many people use the terms interchangeably.  Business models describe, as a system, how the pieces of a business fit together.  But they don’t factor in one critical dimension of performance: competition.  That’s the job of strategy”

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