The RT Business Model: A model that testifies every Need of Every Organization, pragmatically
The RT Business Model, developed by Rajesh Tripathi, is a simplified and universal framework for running businesses. Unlike many complex models that apply only in certain contexts, the RT Model is designed to be easy to understand, practical, and applicable to any organization at any time.
The RT Business Model provides a
framework to organizations to decide & pursue business goals which are
easily understood by the people & in general, masses. There numerous business
models going around in the business community. These models were conceived for
to meet specific business needs. But practically, their usability was
restricted to consulting organizations. Secondly, understanding them was a big challenge.
One needs to have basic knowledge before making use of any of these models.
The business world was lacking a one and was looking for a model which is universal in its approach but so simple that even a common man can understand it. The RT Business Model serves this very purpose effectively and completely.
The RT Business Model is based
on the universally accepted norms that every organization irrespective of its size,
kind and business nature needs to ensure higher growth and profit. Any miss on
any of these two, there are higher chances of the business slipping down and its
survival may become a challenge. Growth on its part shows that the product
& services of a company are well accepted in the market and although there
may be competition but still the value its products or services bring to
customer, the customer values it. Profit
is the fuel engine to motivation of people involved in the business.
Consequently, ‘Business Drivers’, primarily are Growth & Profit. Period. But the next big question was that
it is not possible for any organization to only appreciate the actions which were
directly contributing to Growth & Profits. A majority of people and their
actions are vigorously contributing to these ‘business drivers’ indirectly. This
means that all the actions that increase growth and profit indirectly are equally
critical for survival. Since time immemorial, efficiency has been at the
forefront to go for higher profits but unfortunately, when it comes to
effectiveness, it is confined to a limited people in organizations. May be the product
development teams. Arguably, if every single employee if not aware of the
products & services of their organization, how come the company be made sustainable.
The RT Business Model lays down the principle that every single employee in organizations be acting in a way that directly or indirectly contributing to these ‘Business Drivers.’ Period.
It was introduced as a response
to the complexity of existing business models, which often require
specialized conditions to be effective.
The RT Model emphasizes simplicity,
universality, and adaptability, making it suitable for organizations of all
sizes and industries.
Core
Features
- Simplicity
- Designed
to be straightforward, avoiding jargon-heavy frameworks.
- Easy
for leaders, managers, and employees to grasp without specialized
training.
- Universality
- Applicable
to every business entity, regardless of industry, geography, or
scale.
- Can
be used continuously, not just during specific phases of business growth.
- Practicality
- Focuses
on real-world application rather than theoretical constructs.
- Encourages
organizations to concentrate on core goals, execution, and
adaptability.
Why
It Matters
Many traditional business models,
like Porter’s Five Forces, BCG Matrix, or Value Chain Analysis, Chandler Model, Ansoff Model are context-dependent
and can feel too academic. The RT Business Model aims to bridge the gap
between theory and practice, offering a tool that is always relevant.
It is particularly useful for small and medium enterprises (SMEs) that
may not have the resources to implement complex frameworks.
Conclusion
The
RT Business Model is essentially a universal, simplified approach to
business management. Its strength lies in being easy to adopt, flexible,
and continuously applicable, making it attractive for organizations that
want a practical alternative to traditional, complex models. This very RT Business
Model is used in the copyright of SGR, Prajjo’s Performance Management System.
With the RT Business Model, HR function now can easily bring all employees together in giving them business direction.
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