by Admin | Jun 27, 2017 | Garwood Blog
Sometimes, what makes small businesses popular is their uniqueness, or the specific way in which they differentiate from others. However, this often really relies on the fact that sometimes, these businesses understand their customers and communities very well. They...
by Admin | Jun 9, 2017 | Garwood Blog
Platforms that connect individuals and organizations in a value chain where an organization has expertise, brand equity, or close partnerships is a great way to explore service-based innovation. Usually, these platforms give access to a breadth of data and...
by Admin | May 31, 2017 | Garwood Blog
The commodity trap is a phenomenon that increasingly affects not only developing economies, but even the most advanced companies in a specific industry. As organizations realize it is almost impossible to successfully compete in a race to the bottom, it is important...
by Admin | May 18, 2017 | Garwood Blog
Amazon is a great example of a services provider that has truly innovated its offerings. It started as a book store but its business activities today involve selling an increasingly wide variety of items, even to the point of reselling its own capabilities as an...
by Admin | May 8, 2017 | Garwood Blog
In the world of products, suppliers develop specifications to describe the product to potential customers. Customers can compare specifications of alternative product options to find the right product for their needs. Suppliers need not know exactly what the...
by Admin | Apr 25, 2017 | Garwood Blog
The amount of time a product lasts in the market before a new and improved one takes its place is shrinking. As a result, even successful products can expect to enjoy an advantage in the market for a shorter time than in the past. Companies need services to grow and...
