Transforming Business using Technology
Tag: Business Strategy
Mutual consumption is the shared use of goods or services by a group. For more than a decade Uber and Ola are sharing their ride services. It is a form of peer-to-peer sharing, renting. It allows consumers to obtain resources that they need, while also allowing them to provide resources that other needs have not … Continue reading What is Mutual Resource Utilization and How Does it Work?
The idea of corporate takeover is getting common as the economy is boosting and revenue is increasing. Take over often takes place for a number of reasons like potential for significant revenue enhancement, expanding franchise, introducing operating cost. While most of the takeovers are friendly, means stakeholders support acquisition however sometimes it can be hostile … Continue reading How to prevent a company from potential takeover?
The older techniques to increase sales was to create demand, make products cheaper, make advertisements and earn lots of profit. But there is another alternative that is being ignored, creating scarcity. when a company uses scarcity, your customer perceives that there is limited edition which compels them to purchase the product. It develops fear in … Continue reading Corporate Tactics to be Profitable
To lead u have to be multidimensional In the fast changing world everyday a new crisis and new complexity arises. Leaders need to stay objectively alert in order to make strategic decisions with reference to circumstances and variables. Leaders' objective changes according to the situation, like if oil spills in the ocean, what are the … Continue reading Multi-tasking Makes Better Leaders
Rise of collaborative leaders It seems that lone leadership has served corporate culture very well since the start of the Industrial era. But from the past few decades, with the growth of globalization, the internet has increased the complexity of the work. Newer approaches to leadership have started to take form. We are no longer … Continue reading All About Collaborative Leadership
