Frugal innovation represents a paradigm shift towards developing cost‐effective products and services by optimising resource use without sacrificing functionality. This approach is increasingly ...

Which Business Model Is Right for You? Here’s What You Need to Know Before Choosing One. Choosing the right business model is pivotal in shaping your entrepreneurial journey. Explore the benefits and ...

McDonald has dedicated his career to exploring innovation-related challenges and their solutions. His early research on startups drew the attention of Harvard’s Clayton Christensen, who became a ...

Flexible models quickly adjust to market dynamics. They foster innovation and efficient resource use. Adaptability leads to competitive advantage. Key findings are powered by ChatGPT and based solely ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. Creating a revenue-generating business model is essential ...

LPL Financial LLC has announced the promotion of Marc Cohen to managing director of Business Strategy and Innovation, as well as his appointment to the LPL Financial Management Committee. In his new ...

What Are the Different Types of Business Models? Learn the different frameworks of how companies operate and generate revenue. A business model defines the framework within which a company creates ...

Designing and implementing a new business model can be challenging. Factors that can get in the way of a successful future range from resistance to change to unforeseen market dynamics. However, ...