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A great business is so much more than a product or service. These business leaders live and die by customer experience. Via Marc Wachtfogel, Ph.D. 
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The findings, published in the Academy of Management Journal, show that family firms invest less in innovation than other firms (both public and private) that aren’t family-owned. On average, family firms have a smaller R&D budget than other organizations of similar size, but that does not mean they are less innovative. On the contrary, our study found that family firms are more efficient in their innovation processes. For every dollar invested in R&D, they get more innovative output, measured by number of patents, number of new products, or revenues generated with new products. The level of innovation is higher in family firms.
Bryan Worn's curator insight,
January 29, 2017 3:31 PM
This HBR article explains how innovative family businesses can be.
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How thirsty is the college student who pays almost $5 for a Caramel Macchiato at Starbucks? Did the fitness instructor really need to upgrade his iPhone 6 to a 7? Can the mother who religiously gives her kids vitamins each morning prove that they work? When the CEO hires a contract lawyer is she paying…
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Competitive business analysis begins with your choice of competitors. Competitive business analysis is an important part of the strategic decision making for your company. Choosing an effective set of competitors can be critical to the ongoing viability and success of your firm. Competitors, and substitutes, along with disruptors from adjacent markets, are all looking to meet the needs of your target market and potentially take your customers. A successful competitive business analysis will find competitors (both obvious & hidden) that will lead to decisions and action that create near and long term competitive advantage.
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These days, few people expect to work for a single company throughout their career. But what about the expectation that companies will remain in one industry forever? Is that, too, becoming an artifact of the past? Via David Hain
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This article offers excellent curation around a comprehensive Infographic on must-have Small Business Website Design features. One to bookmark! Via janlgordon
janlgordon's curator insight,
December 29, 2016 2:21 PM
I selected this article from Curatti written by Piyush Mangukiya because it provides the latest information to help you improve your business website.
Use these 50 tips to build your presence online effectively
Top Design Features For Business Websites
In today's constantly changing online world there are many different ways you can help improve your brand image online. I agree that knowing what stands out to your audience can help you build more visibility.
Mangukiya goes over the best features for website design that can help you launch a new website or improve an existing one.
Here's what caught my attention:
Selected by Jan Gordon for Curatti covering Curation, Social Business and Beyond
Image: Courtesy of 123rf.
Read full article here: http://ow.ly/W96r307xtqa
Stay informed on trends, insights, what's happening in the digital world become a Curatti Insider today
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I've been doing this for 30 years.
Via Mark E. Deschaine, PhD
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Many Asian startups are competing on business model innovation and new technology rather than cost. From our perspective, as a consultancy that analyzes business model innovation across the globe, Viki’s story exemplifies a larger trend playing out in Asia. We see Viki as an archetype of a new generation of companies emerging in Asia and leveraging business model innovation to drive growth in the region. But to understand this type of business model innovation in its proper context, it’s important to understand Viki’s forerunners. Our research into business model innovation in Asia uncovered two distinct, yet overlapping, waves of innovation: one decades old and still going, and one that includes Viki and is evolving now. (See “About the Research.”)
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You hear a lot about the “customer journey” these days in the marketing arena. In fact, when you search this term on Google Trends, you’ll see that Google search volume is up over 1000 percent…
Via Mark E. Deschaine, PhD
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How can we create an innovative culture? Here are 9 indicators to consider if your organization wants to develop qualities of innovation.
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The key is balancing a C-Suite skill set with an “F-Suite” mindset.
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Which of today's emerging technologies have a chance at solving a big problem and opening up new opportunities? Here are our picks. The 10 on this list all had an impressive milestone in the past year or are on the verge of one. These are technologies you need to know about right now. Via David Hain
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Airlines routinely rank near the bottom of customer satisfaction surveys. But we would wager that most customers, like us, find that the time on the plane — the “sit back, relax, and enjoy the flight” part — is the least awful piece of their experience. The nightmare is everything else: prices that change from minute…
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In my recent paper published in the Journal of Financial Economics, Can analysts assess fundamental risk and valuation uncertainty? An empirical analysis of scenario-based value estimates, my co-authors and I find that there is a better way to present a fuller picture of future possibilities by putting multiple scenarios on the table, instead of limiting predictions to a single-point outcome. We used the setting of equity research to demonstrate this. We find that scenario-based forecasting helps analysts improve the overall risk picture surrounding the firms in their coverage as well as enhancing their forecast accuracy and reducing their optimistic biases.
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Many business owners wait until it’s too late to start thinking about their website’s cyber security. They believe their business is safe and won’t get hacked, even though it happens to websites every day. More often than not, those websites had a proper security plan in place, it just wasn’t enough. There’s no time like [...]
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The success or failure of any eCommerce business venture depends on detailed planning and preparation. Here are 5 key elements in that process Via janlgordon
janlgordon's curator insight,
January 11, 2017 11:43 PM
I selected this article from Curatti written by Mark Thomasson because it provides several methods on how to be successful in generating more sales for your eCommerce website.
Detailed planning and preparation will help you drive more customers online.
Run a Successful eCommerce Website
When building a business online you want to prepare the same way you would for a brick and mortar one. I agree that in order to attract customers you need to include cohesive elements.
Thomasson shows the right elements that need to be in place in order to have a sales generating website.
Here's what caught my attention:
Selected by Jan Gordon for Curatti covering Curation, Social Business and Beyond
Image: Courtesy of 123rf.
Read full article here: http://ow.ly/e9dF307VlWI
Stay informed on trends, insights, what's happening in the digital world become a Curatti Insider today
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The gig economy has come a long way in the past decade, but its best days are yet to come. These three technologies will continue to evolve, and it’s only a matter of time before companies of all sizes meaningfully gravitate toward hiring more one-person businesses to cut costs, increase productivity, and gain the ability to quickly scale up or down based on their real-time needs. Via David Hain
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Business competition is a huge deal. To some guys who come to run companies (women too), beating others and making more revenue is the closest thing they have to fun. In the course of all this, we’ve essentially created two problems: Via David Hain
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Business as we know it is changing. But some business leaders aren’t convinced that it will affect them or their business. Via David Hain
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The Future 100 takes a snapshot of emerging trends for 2017, spanning culture, tech and innovation, travel and hospitality, brands and marketing, food and drink, beauty, retail, health, lifestyle, and luxury. As we look ahead to 2017, markets are confident, even though assumptions have been questioned and narratives overturned. Amid the massive shifts that are … Via Cambridge Marketing College
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If you have wondered who the leaders are in the world of AI, then read through the flowing list that was composed by MIT to see if any of these ring a bell. Via Marc Wachtfogel, Ph.D.
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We all have parts of our story that are a little more difficult to own up to than others. And, since, as humans, we are wired to avoid pain, we ofte
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Changing the way things are done can be difficult and time-consuming but we propose a few practical ways to run your business with neuroscience. Via Dr. Susan Bainbridge, Marc Wachtfogel, Ph.D.
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