What is your competitive advantage?

If you think you are the only one selling a certain kind of product or offering a niche services, then think again! If you look around you would see that there are many entrepreneurs and business owners that are constantly trying to do things differently, or trying to solve a problem in the most innovative ways. So how does one get an edge over their … Continue reading What is your competitive advantage?

Working towards a global business model

In the age of globalization it is becoming important every day to describe the rational of your organization and its objective. Defining a clear cut business model is the first step towards drafting a business strategy. The global marketplace is changing and so it’s essential for us to analyze our business models and change it according to the market trend. Rapid technological changes, a dynamic … Continue reading Working towards a global business model

Are you Digitally Transformed?

We have reached a stage where digital technologies have become a part of our day-to-day life. Over 2 billion people are connected digitally through the internet and almost 2/3 of businesses around the world have a web/digital presence. The internet is the biggest contributor toward the digital age and has become a bridge, making the world look flat. It has offered a platform for companies, … Continue reading Are you Digitally Transformed?

BOSE – The Master of Sound

Bose Corporation is an audio equipment company popularly known for their high-quality audio systems and speakers for home users, auditoriums and automobiles. BOSE was founded by Amar G. Bose in the year 1964. During Bose’s engineering days at MIT, he had purchased a stereo system and was disappointed with its performance. This gradually led him to research the importance of reverberant (indirect) sound on perceived … Continue reading BOSE – The Master of Sound

Going Public might kill INNOVATION

A new research suggests that IPOs can result in diminutive innovation, especially in technology firms. In general, post-IPO companies create products and inventions that are less ambitious and valuable than do firms that remain private. Innovation may slow at public companies because IPOs trigger “brain drain” as employees’ cash in their holdings. Increased scrutiny and accountability to shareholders may also affect the kind of research and development … Continue reading Going Public might kill INNOVATION

Top countries to start a small business in 2013

Starting and registering a new business is never easy. As a business owner you should have an open mind while analyzing all options, plan long term and always have the flexibility to incorporate in countries that more openly embrace capitalism and new business development. The World Bank Doing business report shows changing trends in the global business environment for over 170 different economies. Between the … Continue reading Top countries to start a small business in 2013

Learning from Jugaad Innovation

“Jugaad” is a term popularly used in India. It originated from Sanskrit word yugat later converted as jugat, jugad, and jugaad in modern use. It means having a creative idea or an alternative to solve a problem. The theory originated when people found the need to work around creative solutions due to lack of resources, equipment and money. In the past few years, a jugaad … Continue reading Learning from Jugaad Innovation

Business lessons from Albert Einstein

Albert Einstein was a theoretical physicist, philosopher, author, and is perhaps the most influential scientists to ever live. He published many scientific and non-scientific works and is popularly known for his explanations & research on the Quantum theory. He is considered the father of modern physics and has influenced many modern day entrepreneurs. Here are a few business lessons to learn from Einstein: Curiosity is … Continue reading Business lessons from Albert Einstein