A business model simply defines the foundation of how an organization makes money; however, the process of business model construction is an essential part of business strategy. Business models answer these fundamental four questions: Who is the customer? What does the customer value? How do we make money in this business? What is the underlying economic logic that explains how we can deliver value to customers at an appropriate cost? A good business model begins with an ins

Most of us use elaborate procedures for managing our money. We examine the reasons why we select a specific portfolio to invest our money in and hire financial advisors, business attorneys, or other resources to make sure we are making sound investment decisions. Our time, in contrast, goes largely unmanaged. Although phone calls, emails, instant messages, meetings, social media, television…etc. eat up hours in every one of our days, we have few rules to manage those interact

According to a survey conducted by Stanford University/The Miles Group survey in 2013, which asked 200 CEOs, board directors, and other senior executives questions about how they receive and view leadership advice, two-thirds of CEOs responded that they don’t receive any outside advice on their leadership skills, and yet almost all would be receptive to suggestions from a coach. Why would coaching be important to CEOs and business leaders? Those in a position of leadership mu