In an effort to achieve a definition for what a business model is, adjusted for the digital age, some researchers from Brunel University, from London, wrote in 2008 the following definition: “The business model is an abstract representation of an organization, be it conceptual, textual, and/or graphical, of all core interrelated architectural, co-operational, and financial arrangements designed and developed by an organization, as well
Business Performance Management and Strategy Execution Think of a road trip with your family. You first establish a destination, you determine the route to reach it, you estimate the time it’ll take, you program some stops in order to refill the gas tank, stretch your legs, amongst other things. Once you’re on your way, you’ll be able to validate if you’re on the correct
LOCATION, LOCATION, LOCATION… Such a Critical Factor in Retail It is very common to hear in the US the 3 most important factors for business success are 1) location, 2) location, and 3) location. This is a definite indication of the importance of how location impacts the potential of your business to succeed. Any wonderful business initiative, inadequately located, will struggle, to say the