A lean business model is an approach to business development that focuses on creating value for the customer while minimizing waste within the organization. This model derives its core principles from ...

Start-ups need both agility and direction. by David J. Collis Strategy and entrepreneurship are often viewed as polar opposites. Strategy is seen as the pursuit of a clearly defined path—one ...

Starting a company without outside capital, commonly known as "bootstrapping," is a strategy many startups adopt for reasons other than simple necessity. There are several long-term advantages you can ...

Standardizing your company’s approach can pay off. Here’s how. by Michael Mankins In lean manufacturing, the goal is to establish precise procedures for making products in the safest, easiest, and ...