Digital twin models can play a pivotal role in non-business settings, from public services to charitable organizations, and a myriad of non-profit agencies. Just follow the same principles and method for building digital-twin business models.
digital twin business models / Strategy
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“There are a million reasons for falling profits” – No, just one!
I recall a seminar at London Business School a few years back where I dissected a crisis of sales and profit decline at Marks & Spencer (M&S), the […]
digital twin business models / Strategy / Views
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Re-usable and continuing solutions: Most models are not Kleenex!
A McKinsey expert once told me “A dynamic model is like Kleenex – use it to fix an issue, then throw it away“. Now some digital twin business models […]
Strategy
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Common structures and business models apply to MANY cases, making digital twins faster to build and more reliable
Some small causal structures arise and work reliably in many cases to capture how things change. And businesses in many sectors share completely standard structures. Using standard structures saves […]
Strategy
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“What is this ‘digital twin’ thing any way?”
Since posting about our digital twin business models recently, many people have asked “What the heck is this digital twin thing any way?” or even “How on earth […]