ACCA: Business Models of the Future: Systems, convergence and characteristics
This ACCA report explores business model innovation. This corresponds to the rapid emergence of new business models globally, which are transforming traditional approaches as they unlock new sources of value by taking advantage of decreasing technology costs, the growth of networks, innovative ways of thinking and the emergence of new markets.
This report discusses key trends that are shaping the global economy that demand new approaches from organizations and business models. Additionally, it considers the importance of understanding the impact of systems when assessing how value is created.
The report urges professional accountants to develop mindsets of thinking systematically and creatively for the long term to assist with building new sources of value.