I was asked the following question on business models selection on quora – What are the advantages and disadvantages of traditional and digital business models for startups? Let me share my response here- There are around 108 business models that any business...
Climate change is a reality. Twenty percent of the global businesses are directly getting impacted by global warming. The balance eighty percent are being affected by association. Consumers are demanding businesses to adopt climate-friendly practices. Smart companies...
A business grows faster on the back of sound business strategies. Growth will occur when: a) A business can maintain a sustained competitive edge over its competitors b) It recognizes customers’ needs, responds to them, and keeps repeating this cycle over and...
A business enterprise will survive only when it can generate margins that will not just cover its costs, maintain a buffer to cover risks, and produce a surplus for growth. Competitiveness is not be achieved by cutting costs alone. It is an outcome of vision,...