Shorter than a business plan and longer than a mission statement, a business model is high-level plan for how a company is going to make money. A core component of a business model is your company's ...

Corporate strategy is the way in which a business strives to create value, develop a unique selling advantage and capture maximum market share. Without specific business activities and marketing ...

A key part of our business at Avondale is to pursue new ventures or adjacent businesses where we can leverage our strengths and experience to create value. We sometimes find it challenging, though, to ...

Last month, I presented a research paper on business model innovation at a conference of the International Society of Professional Innovation Management in Porto, Portugal. Today, let's discuss what ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. A question that I get a lot is, “Why would you create an open-source business?” That’s ...