Sometimes upside opportunities can be planned for, and sometimes they present themselves out of the blue. This article details how exploiting opportunities can be achieved. Examples of upside opportunities include an influx of orders, a favorable upturn in market prices, an opportunity to launch a new product, and so on. Purchase option An option to …
Positioning a business for future growth can come in many forms. In this article we will look at several ways to develop or acquire future growth opportunities. Research & development R&D projects to develop future technology that may be commercialized. These projects can be basic research, where technologies are developed for the sake of development, …
The idea of project flexibility is conceptually desirable and accepted in both corporate strategy and in the design decisions that go into product development. The problem is that it has generally been difficult to quantify the value associated with flexibility, and therefore difficult to justify. Developing products and services always involves unknowns. Uncertainty in market …
What is Project Flexibility and Where Can I Find It? Read More »
Corporate structure is the overall makeup of how a company structures its divisions, departments, and people. While corporate structure by itself generally won’t ensure success, it is often a key enabler in order to execute a given strategy. With that, we will look at some ideas for corporate structure that may align with executing overall …
Business Model How a company makes money. This definition is a bit shorter than most, but really we are talking about how to generate excess cash after expenses are subtracted from revenue. Identifying the model that your business, or future business, operates under may allow for new insights into how you can improve what you’re …