Customer Value Equation

To assist with our understanding of how we affect the value our customers receive, the relationship between benefits and costs can be expressed as an equation. To learn more, please use this link....

The Role Of Luck

The role that luck plays in business success is very understated. When I studied for my MBA, the distinct (possibly false) memory I was left with is that if you have a killer product or service and you’re more cleverer than the next MBA at marketing and branding yada...

Customer Value

We will speak frequently of value, as in “the worth of something compared to the price paid or asked for it.” oxforddictionaries.com, 2018. It is important to understand deeply what people value. People will exchange money, which they value, for products, services,...

My Approach

The approach used by SMB is an evidence-based approach based on the principles of the scientific method.The principles of the scientific method go a little like this: 1. Develop Develop a hypothesis (fancy name for a guess) for a business. 2. Observe Observe an event...

Terminology

It is important to define and use terms1 accurately and consistently. Careless and ignorant usage can lead to ambiguity, confusion, misinformation, and misdiagnosis to name a few issues. Confucius, in The Analects, said “If names be not correct, language is not in...