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Monthly Archives: March 2011

by in Management and Planning

Emerging Business Model – SPICE

New business models are emerging that challenge the old assumptions about how to operate a business for profitability.

In the book “Firms of Endearment – How World Class Companies Profit from Passion and Purpose”(Wharton School Publishing), the authors, Sisodia, Sheth and Wolfe, provide many examples of how companies that take care of all the stakeholders – not just the shareholders – achieve significantly higher profits.

SPICE is their acronym for all the stakeholders:

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