Disruptive innovation isn’t just about simplifying technology — it also requires a new business model. The theory of disruptive innovation, first introduced in a 1995 HBR article, endures as a way to ...
Landstar System shows resilience with decent profitability, a strong balance sheet, and a semi asset-light business model, despite market challenges. LSTR's prudent pricing strategies, diversified ...
McDonald has dedicated his career to exploring innovation-related challenges and their solutions. His early research on startups drew the attention of Harvard’s Clayton Christensen, who became a ...
Flexible models quickly adjust to market dynamics. They foster innovation and efficient resource use. Adaptability leads to competitive advantage. A flexible business model is one that can readily ...
A hybrid model in business refers to a strategy that combines two or more distinct methods of operation, typically leveraging the strengths of each. Often seen in contexts like work environments, a ...
Let’s say you run a straightforward business that requires a single, one-off software solution to manage that business. What do you do? The answer is easy. You research by reading reviews and ...
Product development focuses on creating new and innovative products or enhancing existing offerings to meet your target audience’s changing needs and preferences. By investing in research and ...
Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...