BUSINESS AND VENTURE OPPORTUNITIES IN THE FLAT WORLD
Jim Champy

Business Model #1
The Delivery of discreet, repeatable business processes on an on-demand, transactional basis – most likely enabled by or delivered over the Internet.
(Alternative: the aggregation of “captive”, offshore company operations.)

Business Model #2
An IT and business process outsourcing company, with a real global delivery model: the ability to deliver - with scale - on-site, on-shore, offshore, and near-shore services.

Business Model #3
A business software provider that supports simple, elegant operations processes, at low costs.

Business Model #4
A real offshore, IT infrastructure utility (scale).

Business Model #5
Almost anything that has to do with health care administrative and clinical services and that changes how services are managed and delivered (e.g., build a global healthcare information utility using search engine capabilities).

Business Model #6
A manufacturing company that begins with quality products but that also runs with a superb set of processes, deeply linked to the processes of its customers and suppliers, running on the principles of transparency and collaboration.

Business Model #7
Any of the above business models, but selling back into the countries where the playing field has been “leveled” and that represent new markets and new wealth of 3 billion people.

PRINCIPLES FOR OPERATING IN THE FLAT WORLD

#1 GO FOR BUSINESSES THAT TAKE WORK OUT OF COMPANIES RATHER THAN BUSINESSES THAT TRY TO CHANGE HOW COMPANIES DO THEIR WORK.

#2 BEWARE OF ADOPTION TIME.

#3 DON’T CONFUSE INDIVIDUAL BEHAVIORS WITH CORPORATE BEHAVIORS.

#4 GO FOR COMPANIES THAT UNDERSTAND CONNECTIVITY, STANDARDIZATION, AND TRANSPARENCY.

#5 GO FAR ENOUGH IN BUSINESS MODELS THAT DIGITIZE – MAKE SURE THAT NO PAPER IS LEFT.

#6 GIVE BACK TO SUSTAIN INNOVATION.