Tag: Business Development

Porter’s Five Forces

Competition is often viewed narrowly and identifies threats solely by today’s direct competitors. Porter’s Five Forces is a framework utilizing five competitive forces identify an industry’s potential strengths and weaknesses. This useful method determines threats to a business’s strategy for a defined industry structure. It can be applied to virtually any industry segment. Details: competition,

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Key Elements of a Strong Problem Statement

There are many brilliant people all around with truly innovative and disruptive solutions to the world’s most challenging problems. However, if these innovators can’t articulate a compelling business case as to why the problem matters and their solution makes a difference – the solution will never be seen. So what constitutes a strong problem statement

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