Collaboration between businesses, between consumers, between peer groups based on technology is creating new business models.
The link below is to a slide presentation on collaborative business. Included are many examples. This is intended to provide an overview and introduction to the topic. Your discussion should be more expansive and consider other views and critique the suggestions.
The assignment is to research into collaborative business models including the provision of goods and services, goods as services, crowd funding, and other forms of collaboration that impact on how the business works compared to the traditional model.
Apply the discussion to the business which is your business plan for the group work. Consider how collaborative models may affect the business. This may include
– Using a collaborative model
– How collaborative models may affect the market and competition as well as competitive advantage.
– The impact on the value chain for your business.
– Crowd funding