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Achieving Startup Success via Product-Market Fit

Tom Spencer

While this idea is appealing and no doubt has some truth to it, it has led many entrepreneurs to develop, fund, and launch products that ultimately fail. Why waste years scaling up a product that from the outset never performed the job that customers needed doing? It has come to be known as product-market fit.

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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk.

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The Lockdown Unlocks Real Work

Markovitz Consulting

According to BCG’s analysis , productivity at companies that have shifted to remote work has increased between 15% and 40%. Low-value travel? The sales, marketing, product, and customer service teams were stuck at the 11th hour (well, the 12th hour, actually) adjusting for the CEO’s violation of structure. Long commutes?

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Business Ecosystems: Building Stronger Connections

Tom Spencer

Apple’s and Amazon’s product lines are showcase examples of how to build a business ecosystem. In short, it means that companies are expanding beyond their traditional core products in order to increase opportunities for cross-selling and to boost customer ownership. Not likely.

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Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

While electric vehicles are already replacing conventional automobiles, no electric aircraft is ready for large scale commercial production that can usher in a sustainable revolution in aerospace. Sub-orbital travel, popularized in 2021 by Jeff Bezos, Richard Branson, and Elon Musk, is projected to become a $3.5

Trends 88
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The ROI of eLearning: Measuring the Impact of Online Training on Organizational Success

Clarity Consultants

Companies don’t have to coordinate in-person sessions. Instead, employees participate at times that are convenient to them, ensuring organizational productivity. There are no travel costs for attendance. For example, it can identify productivity bottlenecks, skill gaps, and similar issues that are prime targets for improvement.

ROI 67
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Purpose Behind Networking as an Aspiring Consulting

Tom Spencer

Beyond expanding one’s professional circle, networking presents numerous opportunities to learn more about a company, demonstrate genuine interest in a prospective job opportunity, cultivate lasting relationships, and hopefully obtain a valuable referral.