Photograph of Kay Plantes

Kay Plantes is an MIT-trained economist, business strategy consultant, columnist and author. Business model innovation, strategic leadership and smart economic policies are her professional passions. She resides in Madison, Wisconsin and Oslo, Norway.

Plantes Company

August 5th, 2010

Trends That Should Shape Business Model Strategy

In the 1980s I had the privilege of working closely with consultants from McKinsey & Company, strategy partners to many Fortune 1000 firms and global non-profits. McKinsey’s value promise in a nutshell is, “We’ll help you reshape your industry to your advantage.” McKinsey recently released a report on mega-trends that will shape markets. It’s essential [...]


July 27th, 2010

Apple’s Business Model Lesson

The blogosphere is aflutter with talk on Apple’s recent customer satisfaction issues linked to the new iPhone 4’s antenna design. A quiet whisper turned into thunderous noise once Consumer Reports decided to not recommend the phone because calls are dropped if the antenna is covered while in use (for example, by the user’s hand holding [...]


March 18th, 2010

When Is Bigger Better in Business Model Innovation?

I spent the weekend in Scotland, where one cannot escape RBS’s logo, RBS standing for The Royal Bank of Scotland. Its brand imagery stands out exiting the airplane, passing city billboards, and reading or listening to local media. Today, the people of Scotland own close to 70 % of RBS because the former (duly fired) [...]


March 10th, 2010

Why Capital Bank’s Attributes Fail as a Value Promise

Last week’s post talked about the vital alignment between your brand platform and your value promise. A great example of getting the two concepts of brand and value promise wrong comes in a series of ads that Madison’s Capital Bank presents in the daily Wisconsin State Journal. Each ad contains a picture of one of [...]


March 4th, 2010

Are your business model and brand strategies aligned?

A new client asked me a good question today. “You talk Kay about helping us find our value promise, but my communications agency is totally focused on our brand platform. What’s what and why does it matter?” The answer rests in understanding communication challenges. The internal communication challenge Employees need a shared and actionable aim [...]


February 18th, 2010

Susan Boyle, A Business Model Parable

Susan Boyle, a 47 year-old unemployed woman appeared as anything but a leading candidate for British Idol success. (Blockbuster American Idol and its British spin off are talent shows for amateur singing talents.) Prior to her appearance, Boyle had spent her adult life caring for aging parents in a small Scottish town. No wonder the [...]


February 10th, 2010

Toyota’s Once Unbeatable Business Model Now Anything But

Milk is bad for children’s bones. Superman became a serial murderer. Shocking, yes? But no less shocking than Toyota, the world-class manufacturing quality expert, recalling millions of cars across its product lines. Three generations after its founder created Toyota on a philosophy that built quality into every step, it turns out that Toyota’s quality has [...]


January 6th, 2010

Business Model Strategy Execution Rests in the Details

“You’ll find the style you want at the optometrist store on State Street,” my most stylish girlfriend advised. Sure enough, I walked into rack after rack of brands and styles upon entering the shop. While the amount of choice was reassuring at first glance – surely there is a look here for me – I [...]


October 30th, 2009

Without Appeal, You’ll Be Bypassed in the Slow 2010 Economy

From Oslo I attended an economic briefing from the Chief Economist of a major European bank yesterday. It was fascinating to hear the financial crisis and recession described from the perspective of the OECD, where the recession has been much worse than in North America. For example, Germany’s GDP fell 6.5% from its peak, with [...]


September 29th, 2009

Web 3.0 Demands Business Model Innovation

Will Web 3.0 shatter axioms behind your current business model? I am writing from in the future, thanks to a day with the University of Wisconsin Madison’s E-business Consortium conference. Experts are presenting the implications of Web 3.0 for marketing, supply chain management, IT infrastructure and information security. Aged-old assumptions underlying many business models no [...]