Remove Brand Remove Due Diligence Remove Innovation Remove Operations
article thumbnail

Key Strategies for Aspiring Entrepreneurs Considering Franchise Ownership

Strategy Driven

While the allure of operating under a recognizable brand can promise a certain degree of stability and support, it is imperative to evaluate all associated risks and benefits carefully. Training and Support Systems Training and support from the franchisor can dramatically influence the success trajectory of a franchise operation.

article thumbnail

Capital vs. Influence

N2Growth Blog

Astute investors mitigate risks and help to insure operational success by adding value to the business model, and by filling gaps that may exist in any of the areas I mentioned in the opening sentence of the preceding paragraph. Hint: it’s not about the money. .

Influence 321
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Toxic Work Environments | N2Growth Blog

N2Growth Blog

Smart leaders see themselves as protector of culture, defender of those under their charge, champion of brand, and steward of trust. People can do some due diligence before going to work for a compnay. A bad attitude isn’t something good leaders take lightly. link] Donna Svei Great post Mike. I Think Not.

article thumbnail

Leadership and Opportunity | N2Growth Blog

N2Growth Blog

Rarely will you come across a static opportunity in the sense that it will stand idle and wait for you to act…Significant opportunities are not only scarce, but they typically operate on the principal of diminishing returns. So much so, that if you don’t think timing is everything - think again.

Blog 418
article thumbnail

How is Big Data Transforming Your 80/20 Analytics?

Harvard Business Review

What happens to innovation and segmentation when serious organizations are challenged to assimilate and integrate 10X, 100X or 1000X more information about customers, clients, prospects and leads? For example, brand managers and advertising agencies alike increasingly make sentiment analysis part of how they assess public perceptions.

article thumbnail

6 Ways to Keep Good Ideas from Dying at Your Company

Harvard Business Review

And yet when companies suddenly decide to “get more innovative,” starting hackathons, idea competitions, and accelerator programs, they typically forget to address all those things that kill perfectly good ideas after they hatch. Sometimes that requires creating a separate operating structure. Start with a survey.

article thumbnail

The Status Quo Is Risky, Too

Harvard Business Review

If you have assessed the risk of your strategic options in terms of brand risk, operational risk, market risk, and so on, do the same for the current strategy. It is a delicate situation when new products risk cannibalizing existing businesses, but that’s the reality of innovation.