Businessman drawing global structure

Customer-Driven Disruption

By Suman Sarkar Suman Sarkar has advised leaders at dozens of disrupting Fortune 500 companies. Executives, he says, focus too much on technology and short-term...
Exploring the Rapid Prototyping Model Accelerating Innovation and Solution Development

Exploring the Rapid Prototyping Model: Accelerating Innovation and Solution Development

Time-to-market and agility are critical in this rapid realm of information technology and product development. The rapid prototype Model has arisen as a dynamic...
Climate smart Approaches

Climate-smart Approaches and Alternative Nutrient Sources: Agriculture Trends Businesses Should Watch For in 2023

By Arseniy Olkhovskiy Our current global agricultural strategy is in desperate need of innovation and overhauling. As the world's population grows steadily, the amount of...
Payment Trends You Need to Know About for Business Growth

Payment Trends You Need to Know About for Business Growth in 2022 And Beyond

By Olga Karalblina, Head of Payment Product Development at ECOMMPAY After over two years of shifting buying habits in favour of eCommerce, many consumers have...
silhouette

Japan’s Hidden Gems: What Are Japanese Companies’ Most Powerful Secrets?

By Mostafa Sayyadi and Michael J. Provitera Japanese companies such as Sony, Panasonic, Honda, and Toyota remain leaders in leadership development and process management. The...

NOTHING IS FREE: Data-driven optimisation unlocks freemium business models’ real potential

By Stefan Wagner and Julian Runge In today’s digital era when the marginal cost of (re)production and distribution of products and services tend to be...
european business review

The Current Frontier in Industrial Manufacturing: Bringing Software Systems to Market

By Bianca Schmitz, Olaf Plötner, Viktor Jarotschkin and Johannes Habel Industrial manufacturers increasingly market software systems that help customers optimize value chain processes. However, many...
The Fungibility of Environmental, Social, and Governance Reporting

The Fungibility of Environmental, Social, and Governance Reporting

By Tim Bovy and Ian Hodges For all organisations, there is the need for ESG reporting to be interoperable because it impacts the ability of...
E-commerce

E-commerce Explained: The Four Types of Business Models

The pandemic has accelerated a migration toward the digital realm from businesses of all natures and sectors as entrepreneurs were forced to find alternatives...
AI

AI Inside? Five Tipping Points for a New AI-based Business World

By Duco Sickinghe and Jacques Bughin The “softwarisation” of our economies has continued unabated since Marc Andreessen’s note in its article in 2011 “Why software...

Zilch raises $10m to scale its unique BNPL Anywhere offering

1st September 2020, London – Zilch announces $10m in new funding to continue scaling its unique over-the-top Buy Now Pay Later (BNPL) business. The London-based...
shoes you dont own

Heavy (Carbon) Footprints: can Subscription Shoes Create a Sustainable Footwear Industry?

By Patrick Reichert and Oscar Vosshage Sneakers (or “trainers”, as they are known in the UK) are big business – and leave a heavy environmental...

An Innovator’s Midsummer Dream Come True

By Ulrich A.K. Betz , VP, Head of Innovation and Entrepreneurship Incubator, Merck   Organisations are eagerly looking for new ways to boost their innovation capabilities and...
Business Paper

Guy El Khoury: How to Innovate in the Payments Sector

Guy Raymond El Khoury, CEO of Accomplish Financial, talks about innovation in the global payments sector. Guy El Khoury, CEO of Accomplish Financial and...

After After-Sales: New Business Models Tempt, Fail Industry

By Olaf Plötner The after-sales-based business models of industrial enterprises are endangered. Simultaneously, modern data-based technologies enable the development of complex service solutions – so...
iStock-1438575049 (1) [Converted]

“Does Everyone Hear Me OK?”: How to Lead Virtual Teams Effectively

By Sergey Gorbatov In today’s world, virtual teams are no longer the exception – they’re the norm. Whether your team is fully remote or operating...
Focus on Value

Focus on Value: What Your Company Does Matters more than Where It Sits

By Rachael Bartels and Kathleen O’Reilly Companies everywhere must find new sources of value creation both inside and outside traditional industry boundaries. For decades, industry definitions...

Corporate Venturing: Challenges and best practices of large firms innovating with start-ups

By Mª Julia Prats, Josemaria Siota, Celeste Saccomano Tommaso Canonici  and Xavier Contijoch Innovation in large corporations, particularly the practice of corporate venturing to innovate with start-ups, is...

Best Ways To Earn Extra Money This Year

Everybody needs extra cash. There are always more bills to pay, things that need to be bought for the kids or yourself, and repairs...
Innovation

Notion Edge UK Rebrands as Prezien, Ushering in a New Era of Innovation and...

London, 22 May 2023 – Notion Edge UK, a leading SAP consultancy and services provider, is thrilled to announce its rebranding to Prezien, marking...

The Right Business Model At The Right Time

By Adam Bock and Gerard George The combination of globalisation, Moore’s law and ubiquitous information have transformed industries into fluid, rapidly-changing landscapes. Today’s competitor is tomorrow’s...
B2B

Joint Venture Of Industry Leaders Enable B2B And B2C Businesses To  Digitize And Expand...

The realities of the post-pandemic business world grow more evident by the day. It is impossible to dismiss the impact of technology and automated...
ecommerce

Destination taxability and its impacts for EU e-commerce

By Christiaan van der Valk Changes are on the horizon for import tax this July as the EU rolls out the 2021 EU VAT e-commerce...

How the Next Wave of Innovators will Change the Fabric of the World

By Jean-Marc Ollagnier and Vedrana Savic The next wave of innovation will see products and services combining technology from across the digital, physical and biological...
Closeup of shopping basket with digital globe and wireless digital line connection symbol on laptop. Business and technology

Business Models and Global E-commerce 

By Syed Balkhi The e-commerce industry is more volatile than ever. The rise and fall of the global trends influence the e-commerce businesses’ decisions and...
woman with laptop

The Evolution of Open Innovation: The Time Has Come to Achieve and Measure Results

By Filippo Frangi In a world of continuous challenges, Open Innovation has become essential for companies, driving significant transformations and providing support during a period...
green business

Turning a Company Green Can Be a Win-Win for Your Business Model

It may be incredibly fulfilling to run a business yourself, but at the end of the day, you started your company to make money. ...
ALIEN Thinking

Making the Case that Everyone is a Disrupter: A Book Review of ALIEN Thinking

By Kyle Scott Innovation is the key to success and the essential ingredient for staying ahead of the competition. Unfortunately, modern life does not give us...

Contentful – What is Content as a Service?

Businesses use the content as a service (CaaS) model to increase their profits while giving more options to their customers. CaaS means that your...
Electric Vehicles

What Does EVhype Teach Us, and How Can We Consider the Lessons in AI’s...

By Luca Collina MBA Drawing parallels between the initial exuberance for Electric Vehicles (EVs) and Artificial Intelligence (AI), this paper argues for paying heed to...
stakeholders

Company Brands as Purpose-driven Lived Experience Ecosystems

By Venkat Ramaswamy and Nicholas Ind With the COVID-19 pandemic curbing global travel in the first quarter of 2020, Airbnb, which had taken twelve years...
Robot Travel Agency

Robot Travel Agency: A Warm and Technological Welcome

The time is ripe for technology to bridge the information gap between newly arrived travelers, their holiday accommodation, and their chosen tourist destination. Enter...
SmileDirectClub

SmileDirectClub FY 2020 and Q4 Results Confirm Strength of Its Business Model

More than eight years ago, SmileDirectClub introduced itself to the world as a practical solution to orthodontal care. A decade earlier, when both were in...

Making 3D printing work for you: Defining Business Models for Additive Manufacturing

By Matthias Holweg, Kai Hoberg, Frits K. Pil, Jakob Heinen   Companies struggle to define the value proposition 3D printing brings: While the opportunities for...
Business Model

How to Build up New Technology-based Business Models

You’ll get a lot of technology-based business model advice. “Switch to blockchain technology, it shall replace the internet!” or “Hey, metaverse has mighty potential....
Digital Business Ecosystems

Symbian or Uber? Thriving or Collapsing in Digital Business Ecosystems

By Jacques Bughin "In an avalanche, no snowflake ever felt accountable," - Voltairei What makes successful digital business ecosystems? Beyond a common evolutionary vision, we discuss the...
iStock-1364485108

Google 25 years: The Search Giant Celebrates Anniversary Amidst Unusual Rivalry

By Emil Bjerg, journalist and editor With a sophisticated algorithm and a knack for user experience, Google forever changed how we find knowledge online. But...

Driving Brand Affinity, Consumer Trust, and Business Growth through ESG

By Jim Hardeman After more than a decade working in the intersection of technology and the food service and hospitality industries, I have witnessed change...

Why Does Apple Stand For The World’s Profitable Company?

Are you wondering how half-eaten apple, i.e., the Apple company, is ruling the whole world? Scroll down if you want to know why Apple...
How to Carry Out a Strategic Business Analysis: Beginner Friendly Source:https://unsplash.com/photos/um1zVjVCtEY. Every entrepreneur in the market needs to perform business analysis on their firm. It’s an efficient strategy to ensure that everything is set on the right course, especially with the business performance and the overall understanding of the competition levels in the industry. The strategic business analysis does not focus on the competitors of the business alone. It also helps to understand the major strengths of a business and the opportunities that it can explore, as an entity, to get further into its developmental goals. This article will give you beginner-friendly pointers that you can utilize in your business when carrying out strategic business analysis. Keep reading! Understand Your Firm architecture and Culture Source:https://unsplash.com/photos/mpN7xjKQ_Ns. When the issue pertaining to carrying out business analysis arises, you start by analysing what is inside your organization. Understand what drives your business. What is the chain of command in your firm and what culture have you cultivated for your employees? For instance, you are into spare parts and have a franchise from sunwayautoparts.com. Even though their products are of higher quality and an established brand, how your employees handle things and their interactivity with customers may affect your firm positively or negatively. Basically, understanding your firm architecture and culture helps you to understand why you are at the current place in the market you are in. Also, the number of people involved in making essential decisions in your firm matters as well. Perform a Capability Assessment Source:https://unsplash.com/photos/5fNmWej4tAA. This is when you carry out a series of evaluations on your firm’s performance as compared to your competitors in the industry. You can do this by talking to your employees and asking them to answer the sheets anonymously. This helps them to be open and give truthful feedback, which is helpful in determining areas of weaknesses in your firm. The most amazing thing to carry this out today is that there are several outstanding assessment softwares that you can use to get feedback much faster, which ultimately means that you are able to advance to the next step sooner. Likewise, experts advise on investing in a firm’s capabilities to push your organizational performance in the industry further. Identify Your Firm’s Strengths and Weaknesses Source:https://unsplash.com/photos/deoSlTaI0JU. Now that you have carried out your organizational capability assessment, you can use the feedback to see your areas of weaknesses and strengths. This is not to mean that you take this as a criticism, but rather, as an opportunity to know areas you need improving on. For the weaknesses, list them down and brainstorm with your team(if you have one) to find solutions to them. You can involve an expert too so that you can get more advice and ideas on how to improve on them. Your strengths should serve as your area of distinction from your competition. But you should not just stick there. Find ways to make your strengths more pronounced and distinguished in the market. It gives you an upper hand over your competitors. Distinguish Your Opportunities and Threats Source:https://unsplash.com/photos/InHfUJK8GQk. These are all factors that are external to your firm but affect it directly regardless. Now, taking our example from earlier, let’s say you are into automotive spare parts, and you have seen an opportunity to add some Rim LEDs into your workshop. This may be an opportunity that you can venture into. However, if your competitors are offering the same and started doing so earlier than you did, then you are at risk of accruing some losses if you decide to jump right into it without giving it much thought. Consequently, there are other external threats that might occur such as political activities and affluence, that may determine the shift in market trends. Overall, you need to fully analyze the environment around your firm and to what extent it may affect your business, whether positive or negative. Analyze Your Business Problems Source:https://unsplash.com/photos/pypeCEaJeZY. This may be a series of issues that your business may be facing. Whether interior or exterior challenges. They help you in shaping a better path to take in solving these issues. In better light, solving these issues help you in understanding every minor detail that your firm is going through. You can start off with your employees. Understand their needs and whether they are comfortable with the working environment. If not, find a way to make them comfortable. This is done through a simple 3D gaming room that they can use in their 5-10 minutes break. All you need is some simple lighting and a 3D gaming screen and you’re all set. Mainly, how positive your employees feel when they come to work determines nearly half of the issues that your business may face. Take time to brainstorm these issues with your team. Perform Feasibility and Risk Analysis Source:https://unsplash.com/photos/XAX8vCM5G6o. Now, these are essentials that you do not want to forget. Take your time to understand the viability of your business solutions so far. What risks are involved? Are you content with the outcomes? Do your solutions offer what clients are looking for fully or do they need to be advanced? Answering these questions will give you a clear understanding of your overall business model and how to improve it. The Bottom Line Strategic business analysis is a wide section that requires detailed planning. Take your time while doing and get help where you feel stuck. Best of luck!

How to Carry Out a Strategic Business Analysis: Beginner Friendly

Every entrepreneur in the market needs to perform business analysis on their firm. It’s an efficient strategy to ensure that everything is set on...
iStock-2151090098 [Converted]

Deconstructing the Myth of Entrepreneurship

By André Laplume and Sepideh Yeganegi In the dynamic landscape of entrepreneurship, individual visionaries often hog the spotlight. Yet, beneath this glare lies a startling...

Robots Are Cleaning Up – And Much More Besides!

Interview with Claus Risager, CEO at Blue Ocean Robotics The potential of robots to assist and even replace humans in a variety of work areas...
Man, influencer and home with smartphone for social media or online vlog and live streaming.

For Creators, the Creator Economy is Just Getting Started in 2025 

By Charles Haynes The creator economy is maturing at an incredible speed. In 2025 we should expect to see a greater breadth of content creators...
Cashless

Is a Cashless Society Realistic? The Rural Challenge to the Post-Pandemic “New Normal”

By Aaron van Klyton and Juan Fernando Tavera-Mesías Mobile banking and digital payments (“m-payments”) were already core features of government development policies aimed at beefing...

A Business Wealth Creation Roadmap

By Christopher H. Volk We live in unprecedented times where emerging businesses seem to mint billionaires on a regular basis.  One would have to look...
Startup

Tamed Space Startups: How Old Space Hides Behind New Space

The space industry is going through a rapid expansion phase as private companies like SpaceX and Blue Origin pour their billions into transforming it...
Startups

Scandinavian Startups Poised To Hit It Big

Over the last few years, Scandinavian startups have been performing excellently. Stockholm and Helsinki regularly feature in the top 15 best startup hubs due...
Business Model

Circular Business Models Are Helping Developing Countries Take Climate Action Beyond Aid

By Christian Jahn With the COP26 Climate Change Conference in Glasgow underway, action on climate change has never been more urgent. Lower income countries attending...
Automotive Industry

Connecting the Unconnected in the Automotive Industry Four Ecosystems that are Reshaping Automotive Industry...

By Hervé Legenvre and Erkko Autio Connectivity is a defining feature of digitalisation. As companies increase their use of digital technologies in their products and...
Business Process Diagram

How to Create a Business Process Diagram: A Comprehensive Guide

In the intricate realm of business, effective communication and organization are paramount. Whether you're initiating a new project, enhancing existing processes, or facilitating employee...

TOP READS OF THE WEEK

Image of a LGBT rainbow flag and American Flag

“two sexes” – Trump Executive Order: From Gender Dysphoria Controversy to Gender Stigma

By Marcelina Horrillo Husillos, Journalist and Correspondent at The European Business Review On his first day back in office, President Donald Trump signed more than 200 of executive actions, of which, one was an executive...

The Empathy Illusion: Why AI’s Perceived Humanity Matters More Than Its Reality

By Luke Treglown AI is transforming how we work and interact, not just through efficiency but by mimicking human qualities like personality and empathy. As we debate whether AI can truly possess humanity, its growing...

LATEST FROM OUR COLUMNISTS

Double exposure of coin stack and alarm clock with city background and financial graph, business finance

Scaling You: Leverage the Value of YOUR Time to Scale Your Business Impact

By Elizabeth Eiss Small businesses often face unique challenges in scaling their impact while juggling limited resources such as funding, sales, customer care, talent, and time. In our previous article, Small Employers 2025: Scaling Impact on Customers,...