Competition plays an important role in the organizational performance curve. It has been a principal tool used by leaders to build strong industry and economic cultures which can deter monopolized systems that hinder innovation. …

Being able to understand the changing realities and needs of users and addressing them accordingly is becoming the main competitive differentiator in most industries. …

Why should an article about certainly high and possibly transcendent technology such as the Internet of Things (IoT) start by stating familiar, easily observable ideas? First is biomimicry, which in its basic definition is the emulation of the models, systems, and elements of nature in taking on human problems. Some…

Every now and then, there’s news of how a start-up has closed a funding round. Sometimes we hear that they’ve closed a Series A or Seed round. You might be wondering what these funding rounds mean and what they have to do with anything. …

When evaluating business ideas, having a series of small and big challenges an idea needs to overcome (before it is christened, the “golden goose”) is very important for every entrepreneur. …

Wherever your product exists, data exists too. If you want to make sound decisions about your product, data analytics is a tool you must master. When product marketers pay attention to product/data analytics, it helps them make valuable decisions about: What part of the product will users engage with The…

Fundamentally, to create and run a successful business, an entrepreneur must first know what is needed and then devise a strategy to meet that need differently and better than the rest of the market. That’s simple enough. …

What is a Digital Economy? Land, labor, capital, and entrepreneurship are the four factors of production- also known as economic resources. They are the essential inputs required for the creation of any and all goods and services. These activities make up and drive an economy, which is a system of interrelated production and consumption activities…

The design process involves taking a large problem and breaking it down into smaller, more manageable bits to figure out the best approach to solve the problem comprehensively. The human-centered design process attacks the core of a problem and aims to develop a comprehensive solution. This is done by exploring…