Unlocking the Full Potential of Your Business Software

Strategy Driven

However, one of the least considered points that many business owners overlook is the way they utilise technology. Finding Problem Areas to Fix. Now that you understand the effect of software and how it can optimise your business, let’s take a look at ways that you can actually find problematic areas to fix. Fixing the Issue With Software. When it comes to building up a business, there are many different factors that will determine your overall success.

How Likely Is Your Industry to Be Disrupted? This 2×2 Matrix Will Tell You

Harvard Business

Incumbents in these industries often own established brands, proprietary technology, and control of distribution channels. Meanwhile, increasing numbers of incumbents are being compelled to adopt these technologies to stay competitive, even as cost and productivity pressures become acute. Previously strong barriers to entry have perished; fixed assets such as car fleets, hotels, bank branches, and landline infrastructure have become weaknesses.

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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

Large downturns (such as this recession), technology disruptions, or regulatory shifts create discontinuities that simply accelerate the industry’s evolution toward this equilibrium state. PL and CM: Most companies look outside to adjacent markets for growth and invest in assets to exploit those opportunities. And, invariably, you invest in assets. Assets are important, but they are, increasingly, table stakes in most competitive industries; everyone in the game has them.

The Three Decisions You Need to Own

Harvard Business Review

At many companies the total cash investment in acquisitions, R&D, and fixed assets has not earned back its cost of capital after adjusting for the time lag in realizing incremental benefits. Today most if not all industries are impacted by digitization—mobile technology, big data, and the like. CEOs face countless decisions. The best executives understand which ones they need to focus on and which ones they can delegate.

China’s Growth: A Brief History

Harvard Business Review

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment. to 1% per year if not for joint ventures that allowed for transfers of knowledge and technology, as opposed to domestic innovation.

GDP 12

Say “No” to Innovation-in-General

Harvard Business Review

For over an hour, the panel discussed all of the innovative projects they’d worked on — spanning projects from Google Fiber to ad bidding technologies at Facebook. It’s the continuous technological innovations that will exploit your fixed asset base. I had just arrived at a conference on entrepreneurship and the only panel I wanted to see was starting.