|
You have a new venture in mind. And you've crafted a business plan so detailed it's a work of art. Don't get too attached to it.
As John Mullins and Randy Komisar explain in Getting to Plan B, new businesses are fraught with uncertainty. To succeed, you must change the plan in real time as the inevitable challenges arise. In fact, studies show that entrepreneurs who stick slavishly to their Plan A stand a greater chance of failing-and that many successful businesses barely resemble their founders' original idea.
The authors provide a rigorous process for stress testing your Plan A and determining how to alter it so your business makes money, solves customers' needs, and endures. You'll discover strategies for:
-Identifying the leap-of-faith assumptions hidden in your plan
-Testing those assumptions and unearthing why the plan might not work
-Reconfiguring the five components of your business model-revenue model, gross margin model, operating model, working capital model, and investment model-to create a sounder Plan B.
Filled with success stories and cautionary tales, this book offers real cases illustrating the authors' unique process. Whether your idea is for a start-up or a new business unit within your organization, Getting to Plan B contains the road map you need to reach success. |
|
|
Logical and Relational Learning (Cognitive Technologies)
I use the term logical and relational learning to refer to the subfield of artificial intelligence, machine learning and data mining that is concerned with learning in expressive logical or relational representations. It is the union of inductive logic programming, (statistical) relational learning and multi-relational data mining, which all... | | Informatics: 10 Years Back. 10 Years Ahead (Lecture Notes in Computer Science)From August 27 to 31, 2000, the International Conference and Research Center for Computer Science in Schloss Dagstuhl, Dagstuhl for short, celebrated its 10th anniversary. Since its founding in 1990, the objective of the Center has been to promote world-class research in computer science, support leading-edge continuing education, and promote the... | | |
|