cost reduction
cost reduction
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31.
by Donald Mitchell - 2008-08-19
A strong consensus on good values builds a foundation upon which to implement and innovate with business models. Values encourage taking the right kind of innovative actions in a cooperative and eff...
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32.
by David Madden - 2008-08-20
Fortune 500 businesses, particularly automotive Tier 1 manufacturing suppliers, durable goods manufacturers, consumer product manufacturers, scrap steel businesses, and distribution and freight compan...
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33.
by Donald Mitchell - 2008-08-21
An often-quoted epigram says that "Those who ignore the past are doomed to repeat its mistakes." No one wants to do that.However, finding lessons from a company's past is becoming harder and harder t...
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34.
by Donald Mitchell - 2008-08-22
Most CEOs will tell you that if you can get the right people together and turn them loose on a problem or opportunity, great results will follow. The same CEOs often complain that it's getting tough...
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35.
by Donald Mitchell - 2008-08-28
Everyone has had the experience of being asked for an opinion, and then feeling like not having been listened to. The cause of that feeling is usually a misunderstanding about why the views were sou...
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36.
by - 2008-08-28
Many people associate industry-changing innovation with high technology products and services, and certainly those industries create lots of innovation. On the other hand, almost every business seems ...
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37.
by Donald Mitchell - 2008-09-20
If you are an individual or a small team not yet operating as a business, starting first on business model innovation sounds like it's impossible. The world is full of long-standing companies that s...
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38.
by Donald Mitchell - 2008-09-26
Business leaders and engineers often see the potential for higher performance by solving problems with new technologies. At first, only technical achievements occur. Finally, practical benefits becom...
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39.
by Donald Mitchell - 2008-09-30
Whenever I meet entrepreneurs who want to start businesses, they are usually thinking in terms of a size for their operations that won't serve their customers very well. When that happens, a business...
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40.
by Donald Mitchell - 2008-10-07
When I study business model innovation, I often notice the theme of developing close relations with important customer and noncustomer stakeholders:1. For example, Education Management (a trade schoo...