article thumbnail

How to Win in Africa

Leading Blog

Create innovative Business Models: “To profitable serve African customers in meaningful numbers companies need to build high efficiency and low cost into their business models.” They also recommend integrating up and down your value chain to ensure reliable access to inputs (including what would usually be outsourced).

How To 254
article thumbnail

5 Tips For Improving Productivity and Lead Generation Within Your Company

Strategy Driven

Operating a business in this regard isn’t easy at all, and this, in many cases, leads to companies becoming stagnant as you get comfortable where you’re at now. This is common and not always the wrong decision; when you’re comfortable and can see that your business model will remain sustainable, why risk anything?

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Foundations Of Business Growth

Strategy Driven

If you are a retailer, you need to morph your business model into an online venture. If you don’t know your keyword from your meta tag, you need to consider outsourcing your web design to a WordPress developer who can create a site that will emulate your brand and your ethos while appearing high up the Google search rankings.

article thumbnail

When the Passing Storm Fades, What Next?

Lead Change Blog

Are you fundamentally reviewing your business and business model? Circle the two that truly drive results for your business. Eliminate ruthlessly; automate or outsource what you can. So, thinking at a higher level, are you prepared or preparing for a new future? Do more of those activities! Look at the others.

article thumbnail

How Startup Owners Can Reduce The Risk Of Business Failure

Strategy Driven

And businesses also fail because of such issues as the might of the competition, poor marketing, and the lack of a proper business model. When the startup owner knows why businesses risk failure, they can take steps to alleviate any future problems. 3: Improve their skills.

article thumbnail

How to Start a Business That’ll Succeed: A 10-Point Guide

Strategy Driven

To set yourself up for success, you need to understand how to develop a strong business model and to avoid the potential pitfalls that could thwart your venture’s growth and profitability. To kickstart your idea, here are 10 helpful points to help with starting a business that will succeed. Write a Strong Business Plan.

article thumbnail

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

Strategy Driven

We also made a point to engage insurance company executives because their companies had been the major underwriters of real estate development in the United States. With validation of our concept, I made the fateful decision to launch the magazine without first testing our business model by securing preorders. 500 company.