What is the term for a conventional method of structuring and operating a business, typically involving a linear model?

The term "Traditional business model" refers to a conventional method of structuring and operating a business that typically adheres to a linear approach. This model often involves well-defined processes and practices that have been established over time. It usually focuses on predictable, repeatable operations and may not easily adapt to rapid changes in the market or technology.

In contrast, other business models like Agile, Lean, and Network introduce more innovative or flexible approaches. The Agile business model emphasizes adaptability to change and iterative development, while the Lean business model focuses on maximizing customer value while minimizing waste. The Network business model prioritizes connectivity and collaboration among various entities. Recognizing the characteristics of traditional business models helps in understanding the broader landscape of business practices and the evolution towards more modern strategies.