Entrepreneurship
Exit strategies for private equity firms
Learn what are different exit strategies for private equity firms. One can name a family business successor, sell it outsiders, and lead firm to IPO.
Entrepreneur vs professional manager
What is the difference between entrepreneur and professional manager? What are transition steps to professional management. Learn more here.
Sources of finance
There are different sources of finance: savings, friends and family, crowdfunding, business angels, venture capitalists, corporations and other.
How can you minimize the risks associated with investing
There are different ways of minimizing risks associated with investing: self-financing, contract provision, specialisation syndication.
Types of financial statements
Three financial statements are described in this article: balance sheet, income statement, statement of cash flow. Learn more here.
How to write a business plan?
Business plan allows the founder to crystallise business ideas, thinking through the problems that they will face before having to cope with it.
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Leadership
The journey to authentic leadership
Development as a leader is not a straight line but a journey filled with many ups and downs as you progress to peak leadership.
What causes leaders to lose their way?
If motivations to lead are only power, prestige, and money, leaders risk being trapped by external gratification as the source of fulfilment.
5 derailed leaders archetypes
The five types are: Imposters, who lack self-awareness and self-esteem; Rationalisers, who deviate from their values; Glory seekers, who are motivated by seeking the world’s acclaim; Loners, who fail to…
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Management
Strategic thinking skills
Understand the strategic relevance of your own activities, know how to think strategically, play the strategy game, understand the nature of strategy.
Problem solving skills for managers
Find the right problem, find the problem owner, use your experience, avoid the perfect solution, stay future-focused, keep it simple and other.
How to solve problems
A workable solution is preferable to the perfect solution because it leads to action. The perfect solution is the enemy of the practical solution.
How to influence decisions
Anchor the debate on your terms, build your coalition, build incremental agreement, size the prize, frame the decision favourably. Learn more here.
Decision making practice
Ask yourself three questions: is there a pattern I recognise here, who does this decision matter to, and why, does someone know the answer anyway.
The hidden traps in decision making
Analysis over action, seeking perfection over practicality, hiding behind other people and shedding responsibility. Learn more here.
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New product development
Reasons for new product failure
The failure of a product idea to be developed into a product is not necessarily a bad thing. It may save the company enormous sums of money.
Organisational structures and cross-functional teams
The use of cross-functional teams increases creativity in a new product development, leading to shorter development time and higher product innovation.
New product launch
Most new products are improvements or minor line extensions and may attract almost no attention. Other products will receive extensive coverage.
Product prototype
The item acquires a finite form and becomes a tangible good. Product designers may develop similar prototypes with different styles.
Screening of business opportunities
Screening product ideas is, essentially, an evaluation process. It occurs at every stage of the new product development process.
Product concept
Transforming a list of ideas into product concepts. For a product idea to become a new product concept, these are required: form, technology, need.
Recognising opportunities and generating ideas
It is the process of collecting possible business opportunities that could, realistically, be developed by the business into successful products.
New product development management
Well-functioning global NPD teams become a critical capability by which firms can leverage much more diverse set of perspectives for the global NPD effort.
New product development models
Department stage models, activity stage models and concurrent engineering, cross-functional models, decision stage models and other.
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