Successful business models: surefire ways to build a profitable business
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In: Entrepreneur mentor series
"Anybody who has ever done business with Americans can testify that there are more differences than similarities between the US business culture and those in the rest of the world. Whether it's values, etiquette, communication, influencing or negotiating, there's a clear American style. How you go about building successful and profitable business relationships in the US should be guided by the many important lessons and insights offered in this essential reference guide. Authors Allyson Stewart-Allen and Lanie Denslow capture the current US business environment in this second edition, providing you with a deeper understanding of America's business mindset, diversity and regions so you can confidently navigate this large, complex and profit-making economy. Whether new to working with Americans or an experienced internationalist, this book will serve as your ready reference for connecting with US colleagues, clients, customers or consultants. You'll discover what drives American informality, schedules and the desire to combine fun with business. Each independent chapter allows you to dip into specific topics or sections that interest you. All are grounded in evidence-based research on cross-cultural working, behavioral science and leadership. It's the ultimate guide for busy business leaders regardless of sector or company size"--
An optimistic call to action for business leaders and decision makers everywhere In his second book 'the face of British Business' Lord Digby Jones shows us why profit isn't a dirty word-it's what you do with it that counts. Society is at a crossroads, and good business lays the foundation for a successful future; but are we brave enough to build it' Fixing Business focuses on why we must be. Fixing the world requires a vibrant and successful, profit-yielding, tax-delivering, job-creating business sector. This book describes how that sector is built, and how the good of business means the good of all.-Learn why business must invest more-and better-in physical and human infrastructure -Discover the critical importance of social inclusion in the future of business -Understand why fixing education and the environment are at the top of the priority list -Engage with every aspect of society to create the wealth that holds the social fabric together From the smallest shop around the corner to the largest multinational corporation, the variable upon which every facet of business success rests is people. Workers, investors, customers, creditors-all ensure that wealth is created, and at the end of the day, they are what business is about. Fixing Business shows us how to harness their power to change the world.
When a customer, employee, or investor is faced with a choice of companies amidst a sea of competitors, they increasingly consider how responsible that organization is. Customers want to buy ethical and sustainable; employees want to feel a sense of purpose at work, and investors need reassurance that their investments are good for the long term. To be competitive and valuable to society, firms need to develop an organizational conscience that drives key strategic decisions and spurs sustainable and responsible innovation. In this book, the authors argue that organizations need to think critically about their role and to use their conscience to guide actions. With plenty of concrete suggestions based on substantive research, it shows how a firm can reconcile the competing interests of stakeholders, create an organization that is fair, open and transparent and do the right thing while building a profitable business. Using practical models, integrated videos and international case studies featuring multinational companies as well as small firms, this book explains how firms can make the transition to becoming conscientious. Nicholas Ind is a Professor at Kristiania University College, Oslo. Before he became an academic Nicholas ran Icon Medialabs brand consultancy arm in Sweden, had his own branding consultancy in the UK and was a Director of a design group. The author of thirteen books, Nicholas is a Visiting Professor at ESADE, Barcelona and Edinburgh Napier University. He was a founder member of the Medinge Group - an international branding think tank. Oriol Iglesias is an Associate Professor and Head of the Marketing Department at ESADE Business School. An accomplished author, his research has been published in top international academic journals. Before joining academia, Oriol was a serial entrepreneur. Furthermore, he has consulted and/or developed custom in-company training for worldwide leading firms from many different sectors. He is a member of the Medinge Group.
A proven, time-tested model to unlock the real potential in your business, this book is full of practical strategies, tools and ideas, and real world case studies that illustrate what can be achieved - leaving you equipped to transform your businesses performance and drive tangible results. --
A Practical Guide to Entrepreneurship combines well-researched understanding of entrepreneurship issues with practical guidance in the form of case studies, exercises, advice and tips. An academic version of the bestseller Starting a Successful Business, it's ideal for teaching undergraduates, postgraduates and MBA students, offering a solid learning experience and a contemporary overview of the subject. It will also appeal to students who are looking for a supplementary text or indeed anyone who is thinking of starting their own business. It includes a section on generating and screening idea
"In Wisdom-Based Business, marketing and supply-chain professor Hannah J. Stolze presents a full framework for integrating faith and the secular workplace by drawing principles from the Bible's wisdom literature and from evidence-based research, ultimately showing how to business in a way that is both purposeful and profitable"--
The purpose of the present work is to widen the debate and encourage future research about the contribution that companies can make to alleviate social problems that have never been as pressing as today. This is the essence of Creating Shared Value (CSV), a new and ground-breaking concept coined by Michael Porter and Mark Kramer (2011) who sparked a global movement to redefine the role of business in society around a simple but powerful idea: business success and social progress are interdependent. My research has been divided into three chapters. The first one is about a brief literature review about the long and diverse history of Corporate Social Responsibility (CSR), the primordial notion from which CSV started, going through the major contributors who have progressively drawn companies' attention to their moral duty to society. However, CSR falls foul of an intrinsic philanthropic motif that is conventionally at odds with the generation of profit or any financial gain. Therefore, in order to overcome this strong criticism, CSV is presented as a new and flawless approach overcoming all the various limitations of CSR, in which finally social issues represent new business opportunities, not as costly problems to solve. The second chapter is entirely dedicated to the Novartis case study to describe a practical application of the CSV model within a large corporation. Specifically, I analyse the project that Novartis embarked upon, called Arogya Parivar, a social program that offers effective, low-cost medications against infectious and chronic diseases that are prevalent in rural India. By the means of some strategic tools like the Pestle analysis, it might result quite arguable to embark upon an initiative like the one at consideration, as it targets a market that is going through a critical economic juncture and that is affected by political instability. However, it turns out to be a very strategic move when it comes to 'democratizing healthcare' at a profit, an objective that could significantly contribute to the prosperity of that social context and simultaneously lead the entire company to obtain a sustained competitive advantage. In the light of this, Novartis is presented as a starling example of a business implementing a CSV strategy that has been successfully co-creating sustainable financial and social value in India. In the end, I conclude with a forward-looking vision on the future of businesses, which to me is based on the democratization of commerce through an 'inclusive capitalism' that makes sure that globalization will benefit all. There is an incredible value lying right at 'the bottom of the pyramid', which requires though a paradigm shift in the thinking process of the private sector: the poor need no longer to be seen as an intractable problem of capitalism, but as a viable market, a source of innovation and significant market capitalization. In this view, Creating Shared Value represents the only opportunity to bring on the same track the success of a business and the welfare of the community. A company is a such a systemic entity in the context in which it takes action that pursuing adversarial objectives is something that does not benefit any of the parts involved. The business world does not only represent a source of labour supply or of provision of products and services, but also the fundamental engine for innovation and economic development that will unleash an enormous wave of growth for the entire planet.
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