Case Studies in Business
Case studies in business are the essence of business. It is the key to success in business fundamentals, such as sales, marketing, management, and operations. According to educator Jonathan Osler San Francisco, companies must have their own culture. Culture is the way that people work together in a company or organization. It makes them do what they do and work how they work. It’s often referred to as “the shared beliefs, values, and behaviors of an organization.” In other words, culture is how one does things, not just how one does things but also how one interacts with each other.
According to Jonathan Osler, innovation is key to success, and innovation is the key to survival in this competitive world. Osler says there are two kinds of innovation: external and internal. External innovation comes from outside sources like patents, licenses, and other forms of intellectual property from other companies or investors who may be interested. Internal innovation comes from within a company’s brains and those of its employees because they can also come up with ideas that help solve problems for the business at hand. He says that this kind of internal innovation is more important than external because it comes directly from people who know what they’re doing so they can innovate while thinking outside of the box, as he described above, rather than having someone else do it for them because they don’t understand enough about what they’re doing themselves to innovate successfully even if someone were to explain it to them.
Jonathan Osler San Francisco says another way to encourage innovation is to allow employees to take risks. This could be in the form of new products or services, new ways of doing things, or new concepts for how a business operates. Allowing employees to take risks can help them innovate. He says that if you want your employees to be innovative, you must give them this chance. If you don’t provide them with this chance, they will not try things that may be risky for their career paths but are potentially very rewarding for them personally and, in the end, for their company.
Jonathan believes that adaptation is also essential for businesses that want to survive in the future. He says that if a company is not adapting to new ways of doing things, it will not be able to stay in the future. He says there are many ways for a company to adjust, but the basic pattern is constantly learning and keeping up with the times. This can be done through constant research of new technology, trends, and information about other companies, as well as through communication with customers and their needs.
Jonathan says businesses can adapt in three ways: “One way is through technology; another is by changing their products, services, and markets; and yet another is by making changes through organizational structure.” For businesses to adapt to technology is through using new technologies such as mobile applications and web applications.
