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Three Key Strategies Any Business Can Adopt in 2016 to Boost Profitability

Strategy Driven

The ability to automate processes has transformed business operations; in order to thrive in a competitive market, businesses must conform to the new business model of automating work. You must be able to adapt to the ever-changing market and create new products and services based on consumers’ demands and finances.

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4 Failure Points that Can Undermine Your Business – Failure Point 2: Concept Validation Is Not Enough

Strategy Driven

Since the Internet was still in its infancy, our business model called for selling classified print ads in the form of commercial real estate listings, traditional display ads, and subscriptions. In the end analysis, I took a huge gamble on a concept business with an untested business model. All rights reserved.

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4 Failure Points that Can Undermine Your Business – Failure Point 3: The Dark Side of Bootstrapping

Strategy Driven

Our business model was not working as planned. If we had planned properly, we would have raised enough financing to see us through the gestation period of a national publication. You just finished reading 4 Failure Points that Can Undermine Your Business - Failure Point 3: The Dark Side of Bootstrapping !

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4 Failure Points that Can Undermine Your Business – Failure Point 4: Don’t Close Your Ears to Experts

Strategy Driven

Failure Point #1: Starting a business based on your passion, rather than building a business based on your distinctive competence. Failure Point #2: Convincing yourself that “the world will beat a path to your doorstep” without securing preorders to prove your business model. Consider leaving a comment!

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Scan for the 3 key ingredients of trends to survive in the Expectation Economy

Strategy Driven

If you work for a small firm or a giant organization, in fashion or finance, in Texas or Tanzania, you are competing in a ruthless, globe-spanning Expectation Economy. Opportunistic businesses of all varieties can relieve this tension with innovative new products, services, experiences or entire new business models.

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How Investors React When Companies Announce They’re Moving to a SaaS Business Model

Harvard Business Review

Yet by April 2016 Adobe’s stock price had nearly tripled from its value four years earlier. Adobe’s radical transformation from a product-based business model to a service-based one raised eyebrows in the industry, with many software vendors now wondering how radically they should approach the SaaS model.

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To Go Digital, Leaders Have to Change Some Core Beliefs

Harvard Business Review

Today, the list of disruptive new entrants is expanding and the primary differentiator is clear: they bring new mental models to existing industries and create new business models that customers and investors love. Jeffrey Immelt, CEO of GE, started off 2016 by saying : “We can’t be an industrial company anymore.