Having a sound business model is crucial because it is the blueprint that guides a company’s actions and helps to align its business processes and strategies. It is a critical tool for internal ...
Editor’s note: This is the first article in a six-part series. The second part, which covers firm strategy, is also in this issue. “Change always comes to us from the outside in, forcing us to react, ...
For years, ever since we published our first book on Alternative Billing in 1989, this author has been talking about the changes needed in the law firm business model. Most law firms are almost 60 ...
The implementation of a business model involves a detailed understanding of the process through which a company creates, delivers, and captures value. The operational challenges here include the ...
Designing and implementing a new business model can be challenging. Factors that can get in the way of a successful future range from resistance to change to unforeseen market dynamics. However, ...
Kevin Coker is the cofounder and CEO of Proxima Clinical Research and works with the new class of rising drug, device and diagnostic stars. Business today operates at the speed of light. What used to ...