Strategy Driven

SEPTEMBER 12, 2011

market) risk obsolescence or irrelevance. Keep your company fighter-pilot agile in any turbulent or changing market. In a complex world where predictability is impossible and innovation and risk are necessary to survive and thrive, mistakes are not only acceptable, but welcome. But how is this done?

Short-term 64

Short-term Tools Learning-by-Doing Schein 64

Great Leadership By Dan

JANUARY 16, 2014

Sure, you hope to avoid liability, investment, and market risks as you pursue your entrepreneurial dream, so you take steps to mitigate exposure. But a business owner must embrace and leverage these two essential risks to achieve ultimate success: 1. Innovation is announced in the marketplace through branding and marketing.

Succession 242

Succession Direct Marketing Entrepreneur Market Risk 242

Harvard Business Review

SEPTEMBER 11, 2013

For example, Drew Houston''s March 2008 Digg video for Dropbox generated 70K signups for a product that hadn''t been released yet — and went a long way in confirming product-market fit. But most businesses fail because our assumptions about customer demand are wrong — because of market risk. Test market risk first.

Productivity 8

Productivity Products Early Adopters Business Model 8

Harvard Business Review

SEPTEMBER 11, 2013

For example, Drew Houston’s March 2008 Digg video for Dropbox generated 70K signups for a product that hadn’t been released yet — and went a long way in confirming product-market fit. But most businesses fail because our assumptions about customer demand are wrong — because of market risk.

Productivity 8

Productivity Products Early Adopters Business Model 8

Harvard Business Review

APRIL 5, 2018

The myth of Silicon Valley is that venture-funded entrepreneurship is a generalizable model that can be applied to every problem, when in actuality it is a model that was built to commercialize mature technologies for certain markets. At first, Opus 12 targeted the largest addressable market it could find: ethanol, an additive of gasoline.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

JANUARY 15, 2013

By inextricably linking the two, we confine the practice of real, turbo-charged capitalism to business, and we dangerously limit the capacity of non-business organizations to innovate, fund, and bring to scale the kind of breakthrough ideas that will begin to solve the huge social problems we face today. Philanthropy is the market for love.

Learning Curve 9

Learning Curve Advertising GDP Pharmaceuticals 9

Harvard Business Review

MAY 19, 2014

This approach to entrepreneurship increases your market knowledge: as a potential user, you know the problem, how you’re currently trying to solve it, and what dimensions of performance matter. And you can use this knowledge to avoid much of the market risk in building a new product. Disruptive innovation Entrepreneurship'

Entrepreneur 9

Entrepreneur Advice Disruptive Innovation CRM 9

Harvard Business Review

JANUARY 10, 2013

The opportunity may entail: 1) pioneering a truly innovative product; 2) devising a new business model; 3) creating a better or cheaper version of an existing product; or 4) targeting an existing product to new sets of customers. For example, a new venture might employ a new business model for an innovative product.

Definition 10

Definition Entrepreneur Tactics Business Model 10

Harvard Business Review

MAY 2, 2014

Then develop a risk profile for your current strategy using the same framework you’re using to assess your new strategic options. If you have assessed the risk of your strategic options in terms of brand risk, operational risk, market risk, and so on, do the same for the current strategy.

Strategic Planning 8

Strategic Planning Due Diligence Proposal Rogers 8

Harvard Business Review

MARCH 26, 2015

Chief Marketing Officers (CMOs) and Chief Risk Officers (CROs) may seem to have little in common. But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. Use risk data as an avenue for innovation. Take a customer–life cycle approach.

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

Harvard Business Review

SEPTEMBER 27, 2013

Paul Volcker famously said the only financial innovation to improve society in recent memory was the ATM. ” ( Subsequent research determined that fewer than 1% of day traders consistently beat the market.) The net returns lag a value-weighted market index by 46 basis points per month (or 5.5 Not everyone agrees.

Venture Capitalist 8

Venture Capitalist Finance Hedge Advertising 8