In previous post I’ve covered topics related to business formation and new market entry, incl. business model development, prototyping minimal viable product or service, valuating new venture, making it investable, and getting founded. In this post, I relate to a phase of company’s development following market introduction –so called growth phase. G. Duruflé, T.Hellman and […]
Disciplined Art of Scaling-Up Read More »
In one of my favorite MBA case study books I found a particularly interesting anecdote illustrating importance of always having some kind of plan, even if you feel it is not the accurate at all. The anecdote was originally described by K.W. Weick in “Cartographic myths in organization” and goes like this: During
Why any Plan is Better than no Plan? Read More »
Profit Income of Market Strategy (PIMS) research programme analysed performance and key success factors of thousands of business including performance of tart-ups in their first 5 years of life. What are the key learning points for profitability and growth of start-ups from this research? Rule #1 – Profitability is not a useful success metric for
Rule #3: Successful Start-ups are Aggressive on Nearly Everything Read More »
So you know what’s a business model and now it’s time to start implementing it. If you are a fresh starter and you are just entering the market with your service or product what you do in fact is “share-building strategy”. This kind of strategy refers to all companies in embryonic stage and is about
How Fast is Your Strategy? Read More »