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6 Factors That Can Impact Your Commercial Business

Strategy Driven

Understanding market trends requires thorough market research and analysis. It can involve studying consumer behavior, monitoring competitors, and staying informed about industry developments. It could involve investing in new product development, exploring new market segments, or adopting innovative marketing strategies.

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Three Questions that Will Kill Innovation

Harvard Business Review

A big insurance company I know of wants to design a radical new future, so they have committed significant resources to large-scale innovation. But the board and executive committee are asking the innovation team all the wrong questions — questions that will kill any innovation project. Are you meeting your milestones?"

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What Creativity in Marketing Looks Like Today

Harvard Business Review

What makes marketing creative? Is it more imagination or innovation? Is a creative marketer more artist or entrepreneur? Historically, the term “marketing creative” has been associated with the words and pictures that go into ad campaigns. Everyone likes to talk about being “customer-centric.”

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When Rising Revenue Spells Trouble

Harvard Business Review

Readership had been dipping for four successive generations, as most youth turned to social networks and other online media for news. Another, arguably simpler, technique is to change the way you measure market share. Disruptive innovation Innovation' But the warning signs were in plain sight.

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GDPR and the End of the Internet’s Grand Bargain

Harvard Business Review

lawmakers are now circling waters bloodied by revelations regarding potential abuse of Facebook’s social media data, with CEO Mark Zuckerberg scheduled to testify on Capitol Hill this week about the “use and protection of user data.” companies doing business abroad. In the U.S., New Business Models, Old Strategies.

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Using Supply Chains to Grow Your Business

Harvard Business Review

Although big, global supply chains certainly have their own dynamism, they mostly evolve incrementally through minnovation rather than disruption – and thus get short shrift in the business media and amongst aspiring entrepreneurs, hungry to create successful ventures. Innovate and invest, even when it hurts.

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What Small Business Can Learn from Emerging Markets

Harvard Business Review

Take Taiwanese GPS manufacturer Mitac , which used this strategy to develop customized devices for each Asian market, serving their specific needs better than Garmin or Tom-Tom could. of sales, versus 15% by Microsoft), Haier targets its innovation into neglected segments: small refrigerators for dorm rooms and for wine cellars.