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Entrepreneurs Need To Focus As Much On Organization Structure As Business Model

The Horizons Tracker

Working on the business model is a fundamental part of pretty much every “lean startup” program, which makes it a fundamental part of pretty much every accelerator and incubator. Research from INSEAD reminds us, however, that simply having a good business plan is not sufficient to make a startup a success.

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Determination is Not Enough; Content Creators Need Blockchain on Their Side

Strategy Driven

operate using for-profit, centralized business models that are wholly dependent on third parties. Blockchain-powered content platforms offers creators an alternative method of showcasing their work while operating under a far more equitable arrangement. Popular content platforms– Twitter, Facebook, etc. About the Author.

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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

This is the essence of Groupon's declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. The best way to manage a fledgling business is for managers to be impatient for profit but patient for growth.

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How GE Stays Young

Harvard Business Review

GE is an icon of management best practices. Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. Resource allocation: i ncubating a protected class of ideas.

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Why Silicon Valley Rules Don’t Work for So Many Older Companies

Harvard Business Review

Many of these entrepreneurial lessons have been codified in books, the new bibles for innovation — not just for entrepreneurs but also for managers looking to create new and innovative innovation businesses inside existing corporations. The corporate office could offer organizational cover but no further resources.

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Don’t Acquire a Company Before You’ve Asked These Questions

Harvard Business Review

Second, companies are attempting to pick up talent they suspect they cannot recruit directly – often as a catalyst to a broader digital transformation, or as a challenge to their existing IT operations. They are paying up for strong business models with scale and access to valuable new markets, users, and distribution capabilities.

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Help Us Innovate the Innovation Process

Harvard Business Review

Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. Operational goals like productivity, predictability and alignment are woven deeply into management systems and processes. This is hardly surprising.