
473: What makes it a transformation study? (Strategy Skills classics)
Case Interview Preparation & Management Consulting | Strategy | Critical Thinking
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Is Your Business Model Changing?
Corporations stage is where you change the objective function and your market, or you validate your objective function in market. Restructuring is where you need to bring the business back to profitability when it is struggling. But you may not change the business model. If you change the way you make money and where you make money that's a transformation. Let's talk through why this study is a transformation study, because people would want to know that, right? I've discussed it many times before, but i will aggregate everything into this one episode so you can follow it.
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