Remove Finance Remove Productivity Remove Sales
article thumbnail

A Peek At The Difficulties of Incubating New Initiatives Within Large Companies

Steve Shu Consulting

Established products and sales & marketing channels. Mature and complex business and product approval processes. Finance cycle of start-up opportunities (opportunity timing) does not align well with the long, finance planning cycles of large companies (sometimes can be 14+ month delays!).

Company 150
article thumbnail

Technology Ain’t Going to Solve Your Problems

Markovitz Consulting

Yes, the system is pricey, but think of the productivity improvement! One day, they realized that they had 18 months of inventory on-hand for a few products, and it was tying up badly needed working capital. If you have a broken process and you add technology, all you get is a faster (and more expensive) broken process. What happened?

Software 178
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Using a “Frontier Chart” to Evaluate and Plan Project Portfolio Strategy

Steve Shu Consulting

The introduction of new product or service lines into an existing customer base is a challenge that companies often face with new business development. Business Development General Management Intrapreneurship Management Consulting Sales And Marketing Ventures & Entrepreneurship Innovation Project Portfolio Strategy'

Strategy 150
article thumbnail

France Seeks Another Tax on Facebook, Google And YouTube, to Finance "French Culture" Cinema

MishTalk

RT reports French broadcasting watchdog CSA eager to tax YouTube, Facebook, Dailymotion France''s Superior Council of Audiovisual, an independent broadcasting authority, wants to impose taxes on media giants like YouTube, Facebook and Dailymotion to force them to contribute to financing French culture. billion ($1.8

Finance 78
article thumbnail

The Transformative Power of AI in Business

Tom Spencer

These systems can suggest relevant products that customers are likely to enjoy. For example, businesses like Netflix, Youtube, Amazon, and Airbnb use AI-powered recommendation systems to suggest movies, videos, products, and rental properties based on a user’s browsing history, past purchases, and revealed preferences based on past behavior.

Data 147
article thumbnail

The Perils of Internal Disruption (Part 3)

Markovitz Consulting

Last week , I wrote about how sales incentives cause salespeople to stuff the company’s distribution channels with inventory far in excess of consumer demand. Volume discounts have the same effect, by encouraging customers to order more product than they need in order to get a larger discount.

Finance 145
article thumbnail

Wholesale Sales Unexpectedly Decline (Most in Nearly Five Years), Inventories Unexpectedly Rise

MishTalk

Finance reports U.S. Wholesale Inventories Rise, but Sales Drop Sharply. wholesale inventories rose more than expected in January, as companies built up stocks of autos and machinery, though sales posted their largest decline in nearly five years. Sales at wholesalers fell 1.9 Economists had forecast sales to edge up 0.2

Sales 69