Developing and introducing a New Business Line is nothing less than a daunting task. The good news is that many have gone before us, providing us with decades of exhaustive trial and error research that can help to identify successful approaches to establishing new business lines in existing companies. I have found three common variables [...]
Posts Tagged ‘New Business Lines’
Developing New Business Lines
“60% of small-business start-ups fail in their first six years. Large companies … divest or close 44% of their internally generated start-ups and 50% of their joint ventures in the first six years.” – Harvard Business Review There is a right way and a wrong way to establish a new business line. In a recent [...]
