This document discusses how business models and principles have changed with new technologies and the global environment. It provides examples of old business models like magazines relying on print versus new models of online collaboration. Healthcare examples involve electronic health records and data sharing. It suggests new models are influencing how corporate image and reputation need to be managed, engaging through social media and mobile technologies. Business model innovation is now faster paced and driven by platforms like Facebook and smartphones. Examples from Peru are requested along with discussing implications for managing corporate reputation.