Value
The purpose of any business is to generate value for customers. It’s important to understand what value is before taking on the task of generating…
Tag: Value
The New Role Of The Firm is Captured In The 4V’s Business Model.
In the new model of value, customers are the value creators. Firms are value facilitators, utilizing the 4V's business model.
Your Value Proposition Language Is Your Customer Commitment And Your Company Culture.
Peter Drucker is famous for, among many other pieces of business wisdom, his statement that “there is only one valid definition of business purpose: to…
Why All CEO’s Can Benefit From A Familiarity With The Austrian Business Model.
For our Economics For Business initiative, we have adopted the motto: Think Better, Think Austrian. Everyone in business can benefit from studying and understanding the…
Entrepreneurship Is The One Institution We Can Rely Upon To Maintain A Prosperous And Civil Society.
In this time of social unrest, Americans’ confidence in our institutions is in decline. A sample from Gallup’s frequent annual poll includes these selected comparisons…
