When launching a new innovation, whether it is a product or service, it is important to ensure that all steps of the innovation process have been carefully reviewed and completed.…

Good organization and housekeeping is often underestimated in the manufacturing industry. Yet, organized spaces and clean spaces may bring major benefits to the organization, ranging from improved employee motivation to…

When a new product is launched, buyers will start showing signs of engagement at different stages. Some will run to buy the product as soon as it becomes available, while…

What is Disruptive technology? The term was coined by Clayton M. Christensen in his book “The Innovator’s Dilemma” in which he propounded two types of technology: The sustaining technology: This…

As its name suggests, scenario analysis is a technique used in a business or non-business environment in order to predict future outcomes based on current situations and potential events. In…

The ADL matrix was developed by Arthur D.Little and it has a common ground with the Product Life Cycle model. In order to gain an better understanding of a firm’s…

The Value Net model takes an alternative approach to viewing completion. Instead of trying to eliminate it, it seeks to explore new ways for companies to think about their competition.…

One of the primary factors that affect a company’s success is the competition. As we progress through the era of globalization and internationalization, markets are becoming more and more crowded…

Developing an innovative product is actually much more complex than it sounds. Many companies have failed along the way while others have been overtaken by copycat competitors. Teece’s win lose…

Although the SOAR analysis might sound similar to the SWOT analysis, the two tools are very different from each other. SOAR stands for Strengths, Opportunities, Aspirations and Results, and it…