The Top 4 Business Model Evaluation Strategies

How to Have an Effective Strategic Discussion

Why is it important to evaluate a business model? How do you know your model will actually work given your product/service and your target market? Once you’ve defined your business model, you’ll need to evaluate if your organization is prepared to move forward with it. There are a number of tools that you can use to evaluate the viability of your business model. In this article, we’ll explore four business model evaluation strategies you can use to analyze and optimize the effectiveness of your business models.

The Oz Principle: Review, Background, and Impact

The Oz Principle: Review, Background, and Impact

Is The Oz Principle worth reading? What does the story of Dorothy from The Wizard of Oz have to do with leadership? In their book The Oz Principle, authors Roger Connors, Tom Smith, and Craig Hickman use the story of The Wizard of Oz to show how being accountable for your successes and challenges is the key to improving results on both an individual and organizational level. This The Oz Principle review takes a look at the book’s impact, background, and key strengths and weaknesses.

Milton Friedman’s Capitalism Philosophy—Explained

Milton Friedman’s Capitalism Philosophy—Explained

Who was Milton Friedman? What was his economic philosophy? Milton Friedman was an American economist who was best known for his devotion to the ideology of free-market capitalism. Friedman believed in the power of the market to regulate itself, was strongly against government intervention, and was in favor of privatization and maximization of corporate profits.  Keep reading to learn about Milton Friedman’s capitalism philosophy, and his efforts to realize his vision of perfect-market capitalism—efforts that would, in time, lead to the modern disaster capitalism complex.

The Economics of Shock Therapy

The Economics of Shock Therapy

What is shock therapy in the context of economics? What measures does economic shock therapy entail? In economics, shock therapy is a way to quickly improve a country’s economy through rapid privatization, deregulation, and severe cuts in government spending. It imposes strict free-market policies on the country in question as quickly as possible.  In this article, you’ll learn about the concept of shock therapy, and how it relates to economics.

6 Principles of a Healthy Startup Culture

6 Principles of a Healthy Startup Culture

How does a company culture develop in a startup? How do you ensure a healthy company culture in a new business? A startup company culture develops over time through consistent positive actions, not by installing foosball tables or espresso machines. Once established, company culture solidifies and becomes very difficult to change. Therefore, it is important to keep your eye on its evolution and intervene when necessary. Here are six principles to cultivating a healthy startup culture in which staff members do their best and enjoy their jobs. 

What Is Free-Market Capitalism? Definition & Examples

What Is Free-Market Capitalism? Definition & Examples

What is free-market capitalism? How are resources distributed in a free-market economy? Free-market capitalism is an economic system where factors of production are controlled by private entities (individuals and firms) with little to no government intervention. Firms charge the highest price consumers are willing to pay and workers earn the highest wages firms are willing to pay for their labor. In a free-market capitalist economy, firms are motivated to operate as efficiently as possible to keep their market share. In this article, we’ll discuss the ideology of free-market capitalism and what happens when it’s realized in practice.

The Oz Principle: Book Overview

The Oz Principle: Book Overview

What is The Oz Principle about? What is the underlying idea behind the authors’ Oz principle? In their book The Oz Principle, Craig Hickman, Roger Connors, and Tom Smith lay out four steps to accountability that will move you to success both in your personal life and in your organization. The authors explain how to journey, like Dorothy from The Wizard of Oz, from a mindset of victimism to one of accountability. Below is a brief overview of the key points.

Eckhart Tolle: Practicing the Power of Now

Eckhart Tolle: Practicing the Power of Now

What is the power of Now? Why is it so difficult to keep your attention in the present moment, without drifting off either into the future or the past? The Now is the present moment—each individual moment in the innumerable sequence of moments that makes up our lives. Practicing the power of Now is experiencing each of these moments with your full and undivided attention, without being distracted by your internal monologue (whether that includes thoughts of your to-do list, replaying an interaction from this morning, or running commentary and analysis of the present). Here is how living in the

The Fight Against the “Evils” of Developmentalism

The Fight Against the “Evils” of Developmentalism

What is developmentalism? Which economic groups does developmentalism benefit? Why did corporations try to overthrow developmentalist policies?  Developmentalism is an economic school of thought which states that the best way for developing countries to speed up their growth is by developing their internal markets, limiting imports, and nationalizing certain industries. Developmentalism has had a tremendous impact on the growth of many Third World countries. However, the policies that helped the common people were hurting the rich and powerful.  In this article, you’ll learn about economic developmentalism, and corporations’ efforts to fight back against “its evils.”

Performance Recognition: Make It Personal

Performance Recognition: Make It Personal

Why is it important to recognize job performance? What is the best way to recognize employee performance? When you recognize the performance of your team members, they will strive to function at their highest level. For maximum impact, you should always personalize your recognition to each team member. Personalized performance recognition lets them know you’ve noticed them in particular for a specific accomplishment. Here are three ways to personalize employee performance.