Business and distribution strategy planning are usually carried out in a sequence. A company first devises a business plan and then a distribution strategy able to accommodate it. The separation in planning can lead to a sub-optimal decision. We propose a method of how to concurrently plan both...

One of the reasons businesses fail is that they are not adequately planned or conceived. As an entrepreneur, finance, and business management professor, I have been approached severally by startuppers to multinationals on various management and consulting projects. One thing stands out like the...

This book covers the key steps in designing, implementing and administering a formal strategic planning process and provides practical guidance on the elements of a business plan and the steps that should be taken to create a business plan that can be used for execution of strategy and...

While the success of any new business is dependent on a number of factors—the specific business model, technological advantages, the skills and talents of the management team, and competitive and other environmental factors—it is now well understood and accepted that companies often rise or...

Even though the evidence is strong that the likelihood of success for a new business increase when the members of the management team embrace some sort of formal planning process from the outset, it is still tempting for entrepreneurs to charge bravely into the fray in pursuit of their dreams of...

One of the distinctive characteristics of an emerging company is the significant level of “innovation” associated with its business model, with innovation being thought of as the process of successfully acquiring and implementing new ideas within a business company. Successful innovation...

Will discuss how the German giant Lidl plans to take expansionary steps in a Mexican or Norwegian market to add to its success records in the European and North American markets. Lidl began modestly in 1973 with a small shop that had three members and offers 500 products to 10,500 stores in...

Recent legislation promotes the adoption of Circular Economy (CE) principles in restructuring supply chains (SCs), being aimed at circling back - through reusing, remanufacturing and recycling actions- end-of-life (EoL) products into production networks. In this sense, the appropriate design of...