Business model innovation is usually more powerful than technical innovation; it is more disruptive and harder to copy than technical innovation.
Streamlined Solutions
A centralized approach is easier to control, especially during the foundational stages where methodologies and tooling are being established. However, the centralized model also has some drawbacks. It can be slow, costly, and inflexible to meet the changing business needs.
In this article, you’ll find my favorite low-code platforms, along with their strengths and weaknesses.
The Cone of Uncertainty is a graphic depiction of the increasing accuracy that is possible for estimates as the details of a project become more known over time.
Amoeba Management System - Transformation in the Light of Organisational Change Literature
To be efficient, modern companies can’t afford disjointed systems. Excel spreadsheets on desktops are the modern equivalent of paper ledgers — obsolete.
“You don’t drown by falling in the water; you drown by staying there” – Edwin Louis Cole
Requirement analysis and modeling is a crucial phase of any business analysis project. It involves eliciting, analyzing, validating, and documenting the needs and expectations of the stakeholders.
Partnerships between vendors and subcontractors are crucial to the economy because they allow companies to split the costs, risks, and benefits of new product creation, including research and development, production, distribution, and retail.
Muda, Mura, and Muri are Japanese terms that refer to the three categories of waste found in a business. Understanding each is key to implementing proper lean manufacturing processes.
Best-of-breed is defined as being best in its specific, relatively narrow niche. The included features in those platforms / applications are often very complex and tailored to their specific function. For instance, email marketing platforms, automated pricing software, billing/payment systems, etc.
The phrase "Caveat Emptor" or "Let the Buyer Beware" is often used to describe the pitfalls and hidden hazards in software purchases.
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