When running a business, there will always be areas in which you are lacking management know-how and experience. It’s important that you recognise your own strengths and weaknesses and are prepared to seek appropriate advice when you need it. Running a business isn’t easy. You cannot be equally good at all aspects of business, and it’s best...Read More
The business model innovation loop Business model innovation is the invention of new ways of doing business, with the aim to provide new and / or increased value for the customers, the organisation itself and its stakeholders. To compete in today’s increasingly competitive markets it’s important then for all businesses to consider innovation in their...Read More
Project Management: Nine Steps to a successful project It can be done. Project management can be a success. You can get a project completed on time and on budget. As successful project is one that finished on time and on budget, and that met quality standards. And it is one on which no one...Read More
We suggest that innovation is a core process concerned with renewing what the organisation offers (its products and / or its services) and the ways in which it generates and delivers these. Whether your business is involved with bricks, bread, banking or baby care, the underlying challenge is still the same. How to obtain competitive...Read More
5 characteristics which affect innovation success People often ask me how can we increase our chances of our new product or service succeeding. How can we be sure that people will accept the new product? How can we be sure that all the money we are putting into developing this will be worth it? Before...Read More
Innovative new ideas have many sources. Some originate in a flash of inspiration. Others are accidental. Thomas Edison famously said that “invention is ninety nine percent perspiration and one percent inspiration”. So where do new ideas come from? How can we get inspired to seek new products, services or processes? Below is just a brief list...Read More
The Decision to use a Consultant – what a consultant can do for your business As a business owner why should you seek the advice of an independent advisor? Usually there are several barriers to doing so, time, money, trust. These barriers are not insignificant, especially for a small business, so why make the commitment?...Read More
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