by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Business Management, C.O.R.E. Business System, Commercialization, Competitiveness, Entrepreneur, Small Business, Start-up
As the pace of technology innovation increases and as more and more players are able to enter the markets and provide alternatives (to each other and existing solutions), differentiation and adoption is fostered by the ability to put sound business practices,...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Commercialization, Entrepreneur, Government Funding Compliance, Perspectives, Small Business, Start-up
If you’ve ever spent the day working on compliance with government grant and contract awards from the recipient side, you will understand the following statement: The biggest cost reductions opportunities are in reducing the complexity and variation of requirements on...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Business Management, C.O.R.E. Business System, Commercialization, Entrepreneur, Government Funding Compliance, Start-up
To begin a discussion of commercialization, we must begin with a few definitions. First, for convenience, the term “product” will be all inclusive of the following: technology, software, protein, textile, device, system, component, etc. Second, “commercialization” is...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, C.O.R.E. Business System, Commercialization, Entity, Small Business, Start-up
Commercialization always involves two components – the technology or product AND the business model. The road to commercialization, however, differs for each business due to many factors: Type or nature of the product/technology/service (the “product”) Experience of...
by Lea Strickland | Jul 30, 2014 | Business Articles, Business Growth, Business Management, Business Plans, C.O.R.E. Business System, Commercialization, Leadership, Small Business, Small Business, Start-up, Strategy
The answer to this question depends upon two things: the context of the question and the timeframe being discussed. As a part of normal business processes – performance targets, budgets, sales forecasts, and so on – a specific target is set. For example,...
by Lea Strickland | Jul 30, 2014 | Business Articles, Business Growth, Business Management, Business Plans, C.O.R.E. Business System, Commercialization, Leadership, Small Business, Small Business, Start-up, Strategy
It seems to be an epidemic of almost pandemic proportions: People and companies are not maintaining or checking their calendars before making new plans or commitments. Just this week an economic development group’s director decided to take an extra day of...