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Business Essentials
This is the story of Chris.  A couple of years ago Chris had a wonderful idea for a business.  It originated from some work he was doing for his Phd at university.  Fast forward a couple of years and Chris has now successfully secured funding for the idea and now, for the first time in...
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We talk a lot about setting goals and keeping teams focused to try and get faster growth. Setting one goal – a due north for growth – can really help an organisation drive forwards.  How can you sail a boat if the 5 different crew members are all working to different destinations?!  If we can...
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We have been speaking to lots of leaders since the lockdown started and whilst most, if not all, stated that the initial effect of lockdown created a modern sense of “Dunkirk spirit” within their businesses, many are now saying that its getting increasingly difficult to either motivate their team or themselves.  So how do we...
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  “To be, or not to be: that is the question: Whether ’tis nobler in the mind to suffer.  The slings and arrows of outrageous fortune.  Or to take arms against a sea of troubles and by opposing end them?” Hamlet, Shakespeare These seem apt words in these times.  As a business do we suffer...
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  Following on from previous posts on business model innovation (Copycats will not be successful, The Goal Post have moved and Confrontation or Similarity the following is a round-up of 10 top tips in innovating a business model.  Remember it’s all about beating your competitors without trying to beat them. 1.       Get top management support...
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So you have been in business for a while now.  Had some success and are looking to grow further but you are wondering where that growth may come from.  A new opportunity perhaps but where are you going to find the next viable opportunity? There are three distinct areas we can focus our searches on,...
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The new Age of Innovation – how competitive advantage is changing Lets start at the end –   “Tomorrow’s competitive advantage of companies will not be based on innovative products and processes but on innovative business models” Many success stories go back to an innovative business model rather than a fantastic individual product: Amazon has become...
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Following on from our recent post about Growth – the power of 4, we now look at the typical options for growth for businesses. As organisations grow, there are two strategic issues to deal with. The first is the direction and the second is the means. If an organisation carries on with the status quo...
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Much of our work in the past has focused, naturally, on growing businesses – looking at their current opportunities, their capabilities and their activities. Over the years our experience has enabled us to look at this by evaluating 4 keys areas of the business: 1. The strategy – the quality and potential of the business...
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