MIT Sloan Management Review Article on Modern Business Models Will Drive the Post-Pandemic World

To remain relevant and resilient, companies and leaders must strive to build business models using three key components for growth.

In the face of a global health and economic crisis, many traditional companies have suffered tremendous losses, and some have shuttered their doors. Those that heavily rely on physical capital (for example, stores, goods) and human capital (for example, services) were already vulnerable in economic downturns. The pandemic has exacerbated the lack of resilience in these business models, which have struggled to compete against digitally centric companies that can leverage data and machine learning to create valuable insights, intelligence, and capabilities across the organization.