profitability
profitability
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31.
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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32.
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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33.
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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34.
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...
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35.
by Donald Mitchell - 2008-10-09
Almost all business people work hard and are dedicated to their work. Yet some achieve great benefits from their efforts while others are simply holding the line. What are the lessons of this differe...
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36.
by Donald Mitchell - 2008-10-13
It's useful to want to build a major business by adding onto the base of your initial breakthrough. But what does that look like in practice? Let's examine the case history of Education Management to...
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37.
by Donald Mitchell - 2008-10-19
How do you gain critical strategic advantages over competitors? It's easy: Build a better business model and then expand on your initial successes by providing more of what customers cannot get elsew...
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38.
by Donald Mitchell - 2008-10-30
In its initial business model, Iron Mountain focused on providing safe, secure storage of electronic records inside a large cave. This was a requirement of many auditing firms for their accounting cl...
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39.
by Donald Mitchell - 2008-10-30
Let's explore why you will benefit from focus on building on your initial business model advantages over competitors. Here are the reasons:1. Building from initial business model advantages adds to k...
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40.
by Donald Mitchell - 2008-10-30
Here are a few questions that will help you ensure that you are continually improving your business model in the most profitable ways.1. Where has your current business model made you the first to of...