BUSINESS MODEL What is The Delta Model? Delta Model The delta model is a customer-centric approach created by Dean Wilde and Arnoldo Hax which deals with the implementation and management of corporate strategies. The delta model argues that business strategy and management should focus on the needs of the end-user. Indeed, unlike many strategic frameworks […]
What is The Delta Model? Delta Model In A Nutshell Read More »
BUSINESS MODEL Toulmin model The Toulmin model is a system of argumentation that is used to develop, analyze, and categorize arguments. The Toulmin model was created by British philosopher Stephen Toulmin in his 1958 book The Uses of Argument . In the model , an argument is separated into its constituent parts and each part
Toulmin model In A Nutshell Read More »
BUSINESS CONCEPT Law of Diminishing Returns The law of diminishing returns is an economic principle. The principle states that after a certain optimal point has been reached, an additional factor of production causes a relatively smaller increase in output. In a production process, increases in the production factor cause the output to also increase. At
Law of Diminishing Returns Read More »
BUSINESS CONCEPT Law of Unintended Consequences The law of unintended consequences was first mentioned by British philosopher John Locke when writing to parliament about the unintended effects of interest rate rises. However, it was popularized in 1936 by American sociologist Robert K. Merton who looked at unexpected, unanticipated, and unintended consequences and their impact on
Law of Unintended Consequences Read More »
BUSINESS CONCEPT What Is The Total Addressable Market And How To Assess It A total addressable market, or TAM is the available market for a product or service. That is a metric usually leveraged by startups to understand the business potential of an industry. Typically, a large addressable market is appealing to venture capitalists willing
What Is The Total Addressable Market And How To Assess It Read More »
Business Model Revenue Streams Canvas Key elements and framework breakdown Netflix Spotify Amazon Google Apple Airbnb Uber LinkedIn Key Elements Netflix Subscription-Based Model Spotify Freemium Model Amazon E-commerce and Marketplace Model Google Advertising Model Apple Hardware and Ecosystem Model Airbnb Commission Model Uber Commission and Ride Fees Model LinkedIn Subscription and Recruitment Model Explore In-Depth
Revenue Streams Business Model Canvas Read More »
BUSINESS CONCEPT The Framework To Build A Successful Two-Sided Marketplace A two-sided marketplace is a platform business that connects two primary groups as it enables them to interact and transact within the platform. As an intermediary working to enable frictionless interactions and transactions on the platform, it will usually work as a government collecting a
The Framework To Build A Successful Two-Sided Marketplace Read More »
BUSINESS CONCEPT Activity-Based Management Activity-based management (ABM) is a framework for determining the profitability of every aspect of a business. The end goal is to maximize organizational strengths while minimizing or eliminating weaknesses. Activity-based management can be described in the following steps: identification and analysis, evaluation and identification of areas of improvement. Visual Overview Activity-Based
What Is Activity-Based Management? Activity-Based Management In A Nutshell Read More »
BUSINESS CONCEPT Forward Guidance Forward guidance is a communication tool used by central banks to provide information to financial markets and the public about the future path of monetary policy. By offering guidance on future interest rates, economic conditions, or policy intentions, central banks aim to shape expectations, influence behavior, and enhance the effectiveness of
BUSINESS CONCEPT Benefit Realization Management Benefit Realization Management (BRM) is a disciplined approach to identifying, planning, and measuring the benefits derived from investments and initiatives within an organization. It focuses on ensuring that the intended outcomes and value propositions of projects and programs are achieved, ultimately delivering tangible benefits to stakeholders. Key Components Understanding Benefit
Benefit Realization Management Read More »
BUSINESS CONCEPT POOGI POOGI, an acronym for "Pull Once, Observe, Go Iterate," is a software development methodology inspired by lean principles and agile practices. This approach emphasizes continuous improvement through iterative cycles of development, observation, and adjustment. Key Components Understanding POOGI POOGI revolves around the central idea of pulling requirements, observing outcomes, and iterating based
BUSINESS CONCEPT Virtual Desktop Infrastructure Virtual Desktop Infrastructure (VDI) is a technology that allows users to access their desktop environments remotely, typically from thin clients, laptops, or mobile devices. In VDI, desktop operating systems, applications, and data are hosted on centralized servers or in the cloud and delivered to end-user devices over a network. Key
Virtual Desktop Infrastructure Read More »
BUSINESS CONCEPT Personal Mission Statement A personal mission statement clarifies what is important in life to an individual. A personal mission statement is a written statement of purpose that allows individuals to define their calling in life. It helps clarify goals, values, beliefs, or passions, communicate them, and better execute a personal growth strategy .
Personal Mission Statement In A Nutshell Read More »
BUSINESS CONCEPT Neuro-Linguistic Programming NLP was developed by Richard Bandler and John Grinder, who believed that the thoughts and behaviors of successful people could be taught to others. Neuro-linguistic programming is a means of changing the thoughts or behaviors of an individual to help them achieve a desired outcome. Neuro-linguistic programming (NLP) is based on
Neuro-Linguistic Programming In A Nutshell Read More »
BUSINESS CONCEPT Business Scaling: Validating Your Product At Scale Business scaling is the process of transformation of a business as the product is validated by wider and wider market segments. Business scaling is about creating traction for a product that fits a small market segment. As the product is validated it becomes critical to build
Business Scaling: Validating Your Product At Scale Read More »
PROCESS & METHOD What Is The Startup Lifecycle? Startup Lifecycle The startup lifecycle describes the various stages a startup will move through as it grows and develops. Usually, a startup's life cycles goes through five main phases: solving a problem, development, market-entry , scaling , and maturity. For each of these stages, the startup will
What Is The Startup Lifecycle? Startup Lifecycle In A Nutshell Read More »
Business Model Leasing Business Model Key elements and framework breakdown Leasing Business Model Key Concept Types of Leases Benefits for Customers Revenue Generation Asset Management Industries Tax Benefits Key Elements Leasing Business Model The Leasing Business Model involves a company renting or leasing a product or asset to customers for a specified period in exchange
What Is The Leasing Business Model? The Leasing Business Model In A Nutshell Read More »
BUSINESS CONCEPT What Is A Brownfield Investment? Brownfield Investment A brownfield investment normally occurs when an organization wants to begin operating in a new country without incurring the expensive start-up costs associated with a greenfield investment. For the purposes of this article, a greenfield investment is one where a new production facility is constructed from
What Is A Brownfield Investment? Brownfield Investment In A Nutshell Read More »
FRAMEWORK Locke's goal-setting theory of motivation The theory was developed by psychologist Edwin Locke who also has a background in motivation and leadership research. Locke's goal-setting theory of motivation provides a framework for setting effective and motivating goals. Locke was able to demonstrate that goal setting was linked to performance. When an individual set challenging
Locke’s goal-setting theory of motivation Read More »
BUSINESS CONCEPT Webrooming Webrooming is a shopping process where the consumer browses for a product online before purchasing it in-store. Webrooming is the reverse of showrooming, where a consumer visits a brick-and-mortar store to inspect the product before purchasing it online for a lower price. Webrooming, therefore, describes the consumer practice of researching products online
What Is Webrooming? Webrooming In A Nutshell Read More »
