Dealing with an evolving Business Model
Executive Summary: Change has become the new normal across industries. Healthcare industry is dealing with changing market dynamics and is only now realizing the full impact of Affordable care act. The finance sector is facing the ever increasing regulatory challenges on one side and the opportunities offered by the recovering global economy on the other side. US retail and b2b banking sector is under the impact of changing customer preferences vis-à-vis mobile banking. US Retailers are dealing with domestic “low price” challengers and the avenues offered by the investment opportunities in the emerging economies, especially in the e-commerce sector. Manufactures have the need to optimize the production and supply chains in order to lower costs. This article explores how effective IT decision making could help firms deal with the constant flux in their business models. Healthcare: The market dynamics in healthcare is changing, as the firms involved understand the true impact o...