What is Common Between Enron and Bitcoin?
I was at a Melbourne Cup luncheon yesterday, and someone asked me why I do not write about Bitcoin. On my mobile, I showed them a paragraph from my book THE 5-STAR BUSINESS NETWORK written in 2013, where I talk about the emerging Digital Currency Networks. But the truth is that given the attention Bitcoin […]
Why Almost Everybody is Missing the Most Important Point in Their Solution to Amazon’s Threat to Australian Retailers
HOW BIG AMAZON’S THREAT TO AUSTRALIAN RETAILERS? Yesterday (on 2nd November 2017) I happened to briefly glance at the Australian Financial Review – the key finance newspaper in this country while I was waiting in the lobby for a meeting. Almost the entire paper was devoted to just one single topic – AMAZON’S THREAT TO […]
Ten Reasons Why Your Business Network is Your Business’ Net Worth, and, How To Make the Most of it?
The simplest definition of business is to sell or buy the goods or services. Though, It may define the trading style of the past centuries but now business is not that much simple. One need to compete strongly to stay in the market, to be the best in every sense and above all being a […]
What Two African Entrepreneurs Have Learnt from Amazon.com – Globalization in Action Serving Humanity
Boasting exponential growth since its inception in 2012, Jumia became the first e-commerce site to bring the coveted Play Station 4 to Nigeria. The company announced the offering after just two days of the release in the US. The Nigerian would-be Amazon is following the global giant’s footsteps in becoming a super networked business, although […]
What Makes the Business Networks Great?
What Makes Business Networks Great? Extract from the book “The 5-Star Business Network”, written by Vivek Sood In 2012, when Facebook’s IPO was being discussed in the media, a range of valuations was put forward by the experts between approximately $50 and more than $100 Billion. Most people in traditional businesses were stunned and asked how […]
Why Business Networks Are Important?
“Call it a clan, call it a network, call it a tribe, call it a family. Whatever you call it, whoever you are, you need one.” -Jane Howard Business Networks are important to accelerate and sustain success for any individual or organization. It is imperative to learn from the evolution and success of business networks. Business […]
Your Business Network is your Business’ Net Worth
— Excerpted from the introduction of THE 5-STAR BUSINESS NETWORK Business Network is now the engine of the society and it will need newer models of commerce to fast track the recovery. Hollowing out of skills out of entire societies without replacing them with another set of useful skills, very high level of youth unemployment […]
Is there a lesson for business networks in Brazil’s 7-1 defeat to Germany in the 2014 World Cup?
Not too long ago I wrote a blog series on the transformation of Brazil’s soccer playing model from an individualistic style to a network-oriented style. In the early 90s, more than two decades since the last World Cup championship title and Brazil faced an interesting juxtaposition – continue with what led to past triumphs of Pelé […]
10 Ways To Create Value Through Your Business Network
The key to realising value in your business is to use your business network. The marketplace has moved on from the time when competition was just among companies. Your business must now succeed based on the quality of the your network of suppliers and customers. You have to leverage trusted connections to help you design, […]
Supply Chain Relationships- Partnerships or Partnershaft?
By Stuart Emmett Business & Relationships Business and supply chain management maybe technically simple, but it is usually managerially difficult. In supply chains for example, there are many technically simple solutions which give better business performance. There are also many “hard” technical systems approaches such as, MRP and SAP, which are most useful and can […]