LISTEN TO THE RESEARCH
An MIT CISR survey found that companies with a modular producer business model performed better relative to their industry than companies with an omnichannel or supplier business model. Given these benefits, we believe that in the next five years many large, traditional companies will experiment with adding modular producer offerings to complement their established business models. This research briefing describes how two financial services companies, Munich Re and WeBank, have applied three key mechanisms—an agile organization, modular systems, and evidence-based decision making—to develop modular producer offerings.
