Category: Innovative Business Strategies

Nowadays, innovation is a popular word in our vocabulary. But a clear understanding of what this term means and why it’s so important in the present economy is needed before exploring alternatives to enhance it. Essentially, innovation is the usage of new ideas to develop and implement new processes, products, services, or even business models... Continue reading

Burn the ships! Legend has it that when a military leader landed on enemy shores with a smaller army than the opponent, he ordered his men to ”burn the ships!” He did this to obtain a commitment from the soldiers to execute the plan, and eliminated the option of turning back. Don't turn back at the first sign of challenge I find this analogy... Continue reading