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How Do I Start Your Own Business?

Strategy Driven

There are various opinions about how to start a business. Determine the Cost of the Operation. This gives you an overview of a particular model and helps you determine how much you need to manufacture a product or provide the service you are thinking of. Part 4 Get Finance. Choose The Source of Finance.

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Looking For Leadership

N2Growth Blog

If the cream isn't allowed to rise to the top it will go somewhere else…real leaders don't incubate well. " Ron [link] mikemyatt Hi Ron: Thanks for the comment. If an organization doesn't recognize and engage those with leadership potential, those high potentials are likely to end-up working for the competition.

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How to Hand Off an Innovation Project from One Team to Another

Harvard Business Review

Optimizers make up the core of most established businesses — they’re skilled at enhancing and perfecting the existing business to drive growth or improve operations. Hive teams also have representatives from functions that might normally act as corporate antibodies, like legal, finance, HR, or compliance.

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How GE Stays Young

Harvard Business Review

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. GE is an icon of management best practices. But, as befits a company that has been around for 130 years, GE is moving on.

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The Problems With Incubators, and How to Solve Them

Harvard Business Review

This knowledge gap, I have come to believe, is best filled by savvy incubators. However, there are over 7,500 business incubators around the world. The first business incubator in the U.S. opened in 1959 and is still operating. In the last couple of years, we have seen a renaissance in the incubator business.

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Shadow IT Is Out of the Closet

Harvard Business Review

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. Slowly but surely, as the little database grew bigger and bigger, the manager would wedge the cost into her operating budget.

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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

They estimated it would take $1–$3 million to build out a working prototype, money they didn’t have and had no idea how to get. If you have an idea to apply mature technology to a well-understood problem, it’s relatively easy to get it financed.