Business Development Moment

  How can design thinking help us turn our ideas into a profitable business? I've been considering my own practices lately. I questioned how I could gain a better understanding of entrepreneurship and business development. I have therefore started to study some successful business models. I have come across a lot of debates about incorporating design thinking while doing research. Thus, among other books, I came upon this one, which is filled with useful advice for turning our ideas into profitable ventures. This book emphasizes taking action and being useful. We described design thinking in a previous article (shorturl.at/loBJX) Let's begin the design thinking procedure: In his book, Muhammad states that "Design Thinking is a human-centered design approach that starts with understanding the demands of the stakeholders (desirability), and brings the v iability and feasibility aspects together’’. Prior to coming up with a solution, design thinking focuses on ident...

Culture change Agile strategy Recommended Reading : The Agile consultant, guiding clients to Enterprise Agility by Rick Freedman What is agile business development? Why should business developers embrace agile strategies?   Agile is not new. Agile reached back to total quality Management in 1987 and Agile Manifesto in 2001.  Hence, let’s start with some definitions   According to GPI online ‘’Agile business modeling is a new, lightweight approach that combines business development with agile principles to build a flexible organization capable of reacting fast to unpredictable changes. The organization also supports itself during the transformation. The modeling approach is iterative & delivers just enough architecture roadmap to prevent chaos”   Agile is about creating a dynamic environment where your team embraces customer centered strategy. In an Agile environment, collaboration & innovation are tools to get results.   Agile is a cul...