New Business Models for Mining Industries

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DOI:

https://doi.org/10.18311/jmmf/2020/26909

Abstract

Joan Magretta, now a Senior Institute Associate at Harvard Business School's Institute for Strategy and Competitiveness explains a business model as having two parts: "Part one includes all the activities associated with making something: designing it, purchasing raw materials, producing, manufacturing, and so on. Part two includes all the activities associated with selling something: finding and reaching customers, transacting a sale, distributing the product, extracting as much value as possible or delivering the service. A new business model may turn on designing a new product for an unmet need or on a process innovation. That is it may be new in either end.”

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Published

2020-03-01

How to Cite

Bhattacharya, J. (2020). New Business Models for Mining Industries. Journal of Mines, Metals and Fuels, 68(3), 79–79. https://doi.org/10.18311/jmmf/2020/26909

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Editorial

 

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