Rock-Solid Business Strategy Helps Tech Products Glow

To get that nugget of a business idea to shine, etch a sharp strategy around it. How leading-edge tech firms apply polish.  What if communicating via video were as reliable and natural as picking up the phone? That’s what Yorktel has been perfecting for 26 years. “We were way ahead of the curve,” said Michael…

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Social Entrepreneurs – Meet Your New R&D Team

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. As Steve Davis, former lead in McKinsey’s Social Innovation practice and president of the global health NGO, Path, has said: “The best social innovations are not necessarily widely adopted.…

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What is Business Strategy?

What is Business Strategy? March 4, 2013 – Ever wonder what is business strategy? Business strategy is a process by which we determine the answers to two questions, and then craft a plan to achieve desires results. The two questions are: These questions are generally framed as goals and objectives, while the action plan that supports…

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Identify the Best Customers for Your Business

Identify the Best Customers for Your Business – and  Increase Your Chance of Success. Highlights by [googleplusauthor].  From 2000 – 2010 less than half of U.S. startups lasted more than 3 years.  Fewer than 6% of companies in a sample reached more than $10 million in revenue by 2010.   What are the core reasons?…

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The Seven Stages of Small Business Success

The Seven Stages of Small Business Success With 28 million small businesses in the U.S., it’s hard to be a member of planet earth and not have a personal connection to small business. Small businesses play a critical role in the economy, making them a hot topic of discussion. What’s the problem if everyone is talking…

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Strategy Is All About Practice

Strategy Is All About Practice I have never seen anybody become good at strategy without practice. It may happen, but I have never seen it. I doubt that I will see it, because strategy is a discipline. Like any discipline, you have to believe in it and work at it to become skilled; both mindset…

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Two Misplaced Debates In Business Strategy

Two Misplaced Debates In Business Strategy Of all debates in international business strategy, two stand out: The first debate revolves around the nature of world market environment, whether world markets are global, multinational or semi-global. The second debate revolves around the dilemma of global vis-a-vis local strategy, that is, the trade-off between global standardization and…

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World’s Real Job Creators

The World’s Real Job Creators Global growth is beginning to move away from Europe and the U.S. and other multinational companies are emerging as key players in the international scene.   From 2008 to 2011,  the top 100 companies from emerging national grew an average of 16% annually. It is believed that by 2020,  emerging…

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Future Trends – Sensing the Future

Future Trends – Sensing the Future  GE is focused on an “Industrial Internet” concept.   The idea is that industrial equipment would take with each other and share data intended to improve operations.  Intelligent sensors would be part of this equation. Why is this important?  The article offers an example,  “companies use our gas turbines…

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Sustainability, Innovation and Profits

Sustainability, Innovation and Profits  Since 2010, MIT Sloan Management Review and The Boston Consulting Group have been charting how organizations have tackled sustainability-related challenges — from resource scarcity to customer demands for healthier products — with innovations that create business value. Our 2010 study found Sustainability Embracers, who firmly believe that sustainability is necessary to…

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