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Are you killing innovation in your company?

Berkonomics

Here’s one for executives of any company with next generation products in mind. Don’t draw your visionary resources into the incremental fight. In many companies, there are quiet geniuses, wanting to work on projects outside of the daily focus of the department or company. First, let’s recognize the problem.

Company 156
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An economics lesson for growing companies

Berkonomics

Catching up from past insights. Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. It may not be equity.

Company 156
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8 Brand Strategy Rules From Elite Consumer Companies

Startup Professionals Musings

In fact, only 100 of the 10,000 multimillion-dollar consumer companies around the world can claim to be an “apostle brand” – one that inspires enduring trust, loyalty, and endorsement. They are your greatest resource for generating new apostles and a cultural advantage. Make your team as well as your customers proud.

Company 152
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Careful with terminations. Don’t disparage.

Berkonomics

You worry that the person leaving will begin to unload all the pent–up garbage from the past, perhaps damaging the company and causing customer defections and even employee unrest. It is human nature for those remaining to blame the departed employee for any sort of sins from the past, real or imagined. Your worry is real. .

Custom 156
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Should you battle the dragon? Or just avoid the encounter?

Berkonomics

In one industry I know well, the dominant player with 22% market share was acquired by one of the largest companies in the technology world. Everyone, including those connected with the newly acquired dominant player, wondered what changes would affect their company and their personal lives and fortunes.

Resource 156
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Make your detailed strategic plan!

Berkonomics

In these past weeks, we explored the need for a tangible goal and strategies that are measurable as steps toward achievement of your goal. Here are several examples of tactics from my recent experience with companies where I serve as board member. Five tactics to support each strategy seem a fair, even if arbitrary number.

Resource 156
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A16z-backed Shein challenger Cider is growing rapidly

TechCrunch LA

Cider’s App Store rankings over the past 90 days. A browse around Shein today shows the company is increasingly coming after Amazon and is unbounded by its origin in fashion. It currently ranks among the top 10 shopping apps in the App Stores of France and South Korea, app analytics firm Data.ai Data: Data.ai.

Startup 217