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In the most basic sense, a business model is the method of doing business by which a company can sustain itself i.e. generate revenue. The business model spells-out how a company makes money by specifying where it is positioned in the value chain. To extract value from an innovation, a start-up or
What is “Organizational Change?” Typically, the concept of organizational change is in regard to organization-wide change, as opposed to smaller changes such as hiring a new person, modifying a program, etc. Examples of organization-wide change might include a change in mission, restructuring opera
Enterprise Resource Planning
What is ERP? ERP is an Enterprise resource planning software that attempts to integrate all departments and functions across a company onto a single computer system that can serve all the different departments’ particular needs. Each department typically has its own computer system optimized for t
Marketing of Services
In line with the global trends where services form a major chunk of the economies, India, too has witnessed a phenomenal growth in the services sector in the last few years. Till very recently, most of the large services organizations in the country had been operating in a monopolistic environment.