It was a big weekend with a hectic week ahead, but that doesn’t mean I’m going to shortchange you. This week my 5 favorite business and strategy post are all about the economics, how to view them, manage them, and more importantly enhance them by taking a sharp pencil to your business model.
If you enjoy my weekend summary and would like even more practical, useable links than the five I highlight here every week, follow me on Twitter @DonaldMcMichael and Google Plus +DonaldMcMichael. It’s painless. Really.
Three Tips for Calculating Your Company’s Cash ‘Runway’
Whether you’re invent or reinventing your business model matching cash burn with that required take-off velocity is an imperative. This post looks at how to start getting a handle on the figure.
What You Must Know About Managing Cash Flow
Good insight on keeping your cash flow running smoothly by strengthening your financial IQ.
The Truth About Cloud Economics
Sticking in the vein of understanding your cost structure this HBR article looks to shine the light of truth on how leveraging the cloud to enhance your offering can impact your financial performance.
Where Innovators and Entrepreneurs Intersect
If we are looking at the big picture innovators use continuous creation cycles to raise innovative design and craft acceptance while entrepreneurs develop and grow a company. Very separate goals indeed. They both, however, intersect when it comes to crafting an awesome customer experience. This article looks at what we can learn form both sides when it comes to filling our market’s needs and desires.
Do Strategic Alliances Between SMEs Really Matter?
A guide to understanding the power of strategic alliances for SMEs. Is it important to understand alliances? Especially so in difficult financial environments like we’ve had for the last several years. Volatility that forces small and medium sized enterprises (SMEs) to reinvent their business at a pace never seen before. Something that’s much easier and less risky if you focus on your core and bolt… or unbolt… services that complete the experience.