Business Models for Development

Organizations are increasingly inter-connected as they source talent, goods and services from other organizations located in disparate parts of the world and enable social and economic development to take place. They seek new ways of creating value for themselves, customers and partners, increasingly operating outside and across traditional industry boundaries and definitions. These innovations have lead to a focus on business models as a fundamental statement of direction and identity as they enable development to take place. This chapter considers the fundamental tenets of the business model concept and ways in which value can be created for development efforts. The contribution of this chapter is the application of Global Capability Sourcing Model to enable businesses to compete globally. This chapter concludes with insights into the sustainability of business models for development.