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theres tremendous scope for organizations big and small to adapt their business models and to reconfigure really how their organization is structured the first thing one has to do however is to think about what do we mean when we speak about a business model what exactly is a business model my definition is very simple its how you configure your organizational resources and capabilities to deliver consistently on a customer value proposition or on the promise you have made to your existing or your potential customers when you think about it like that you then have to say well what exactly are these resource capability bundles that the organization has the way that I think about it for my own work is I think about six pillars of a business model I think about cost I think about features product features I think about quality I think about relationships I think about channels and I think about brand and when you think about it like that you can recognize that theres an immense opport