Manufacturing firms striving for sustainable growth while maintaining profitability face a challenge, as their traditional business models often increase environmental impact and resource usage. This issue can be circumvented with innovative business models that allow growth without increasing environmental impact, and may even enhance sustainability throughout the value chain. However, creating and implementing these models can be difficult and unfamiliar for innovation teams.
To that end, this report addresses three key questions:
- What are the categories and types of novel business models that can be used to help a company grow sustainably?
- How should a company choose which business models to pursue to meet its economic and sustainability targets?
- What challenges do innovation leaders need to overcome to successfully implement these business model innovations?
Download our Inspire Report Snapshot to learn more.
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About Lux Research
Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.
