Business School Fallacies
Previous business models of the 1950s were about stability and avoiding change, and if things went wrong it was blamed on not following rigid procedures and bureaucracy. The Austrian business model can change that thinking by emphasizing on adapting to changing environments.
Problem To Solve: Maintaining your business' competitive edge, and creating less hierarchical tensions between employees.
How To Use This Tool
Create small agile teams within your business to track down innovative solutions instead of limiting your employees to rigid roles, hierarchy, and bureaucracy. Create small agile teams within your business to track down innovative solutions instead of limiting your employees to rigid roles, hierarchy, and bureaucracy.