If your company is entering a new (to you) industry or market area, expect to face some barriers as you seek to compete profitably with companies already up and running in your business. At the same time, think about building some barriers of your own in an effort to up the ante for potential competitors [...]
Archive for the ‘Business Review’ Category
Building entry barriers
April 20th, 2011 
admin 
Posted in Business Idea, Business Model, Business Review 
Tags: barrier, Cost, Marketing advantages, patent, pricing, profit, trademark 
No Comments »Building a Profitable Business Model
February 2nd, 2010 admin 
Utility and price are only part of the story. At the end of the day, every company – dot-coms included – has to turn a profit. Successful innovators have lean and profitable business models from the outset. And a good business model is itself a powerful defense against imitation. The fact that CNN, for example, [...]
Posted in Business Idea, Business Model, Business Review Tags: Business, business model, business model guide No Comments »Knowing a Winning Business Idea When You See One
July 12th, 2008 admin 
In 1998, Motorola rolled out a product that was supposed to redefine the world of mobile telephony. The Iridium, declared the company, would be the first mobile phone to provide uninterrupted wireless communication anywhere in the world, no matter what the terrain or country. It was a complete flop. In its rush to embrace a [...]
Our Research on Innovation
April 20th, 2008 admin 
More than a decade ago, we researched the roots of profitable growth and found that innovation is the key driver – a finding consistent with the New Growth Theory of economics spearheaded by Paul Romer at Stanford University. Since then, our research has focused on how companies actually make innovations happen. We began by building [...]
Posted in Business Review, Innovation Tags: Innovation, Innovations, innovative, innovative idea, research No Comments »