Over the last decade, companies have made greater strides in retooling their innovation engines. Leaner and faster, products are developed from concept and delivered to customers in record time. But even a Ferrari does not know where to drive. There are plenty of opportunities to enhance execution. Yet, inspiration and insights are increasingly getting to […]
About Joseph Robinson
Joseph Robinson is the Vice President of Strategy at Flevy. Flevy is the marketplace for best practices in business management. Learn how the Fortune 100 and global consulting firms do it. Improve the growth and efficiency of your organization by leveraging Flevy's library of best practice methodologies and templates. The documents at Flevy (https://flevy.com) are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience. Flevy covers 200+ management topics, ranging from Digital Transformation to Growth Strategy to Lean Management. You can peruse a full list of management topics available on Flevy here. Prior to Flevy, Joseph worked as an Associate at BCG and holds an MBA from the Sloan School of Management at MIT. You can connect with Joseph on LinkedIn here.Author Archive | Joseph Robinson
Why Knowledge Management Strategy Is Important for Business Sustainability
In today’s business environment, learning and knowledge have become key success factors internationally and intangible resources are of vital importance. The struggle between competing firms has moved from tangible resources to intangible resources where knowledge and the ability to use knowledge have crucial roles. Organizations are becoming more global, multilingual, and multicultural with people being […]
Understanding Enterprise Architecture: Is it Really Important Today?
Information Technology works best when it is tied tightly to our company’s overall business goals. On the other hand, business unit executives have remained doubtful about IT’s ability to support them in creating value. Despite the best intentions of managers of both sides, companies continue to struggle to integrate IT systems and to determine whether […]
Knowledge Management 101: A Practical Guide for Beginners and Practitioners
“Knowledge has power because it controls access to opportunity and advancement.” – Peter Drucker The 21st century is undoubtedly the century of knowledge. The everyday usage of available advanced information and business technologies, and internet in business activities just show how rampant corporations are engaged in information exchange and Knowledge Management. In the light of […]
Agile Activity Groups: Managing Agile Companies to Consistently Outpace Competitors
Big corporations, by nature, maneuver like battleships. Held back by their own inertia and current business strategies, turning quickly can be difficult when the competitive environment changes. Likewise, high performance as measured by shareholder returns is impossible to sustain over a long period of time. No company consistently beats the market. A recent in-depth study […]
When Business Change Needs to Take the Upper Hand: Take the Lean-led Business Transformation
Big cross-organizational change can be difficult and not all organizational transformation is the same. Rapid advances in technology, a growing global creative workforce, and market with fewer and fewer barriers to entry are driving a hyper-creative volatile marketplace. New ideas are making established business positions obsolete at an increasing rate. Products and services that survive […]
Governance in Family Business: Putting the Pieces the RIGHT Way
Governance of Family Businesses must include the concerns of the numerous and diverse third generation. Establishing a set of Councils and Boards is essential in addressing critical transition issues. With a Governance Model, Family Businesses can address acute short-term challenges and prepare the business for subsequent generations. Starting the change process can be difficult. Ideally, […]
The 21st Century Dilemma: Preparing the Next Generation for Succession
Family businesses did especially well in riding the rising tide. Family businesses were the particular beneficiaries of three decades of favorable global economics. Propelled by fast growth in the emerging world, the share of family businesses in the global Fortune 500 grew from 15% in 2005 to 19% in 2013. Five years ago, founders or […]
When Competition Starts with an S: Step-up Using the Strong-form Product Management Model
Most Product Managers have relatively narrow roles and decision rights on product portfolios are fragmented on various functions. This creates incoherence between a company’s product and its overall Corporate Strategy. What is needed is more accountable decision rights that align responsibility for results to one person who also has cross-functional decision-making authority. This realignment is […]
Getting Ready for Enterprise Asset Management (EAM) Implementation
Enterprise Asset Management (EAM) can bring significant benefits to our company. It can translate to cost savings, operational efficiency, increased asset reliability, longer asset life, and increased safety. Implementing EAM however is a highly complex endeavor. There are many reasons why EAM can fail to produce the hoped-for benefits. Surprisingly, the most critical reasons are […]
The Key to Strengthening Family Business: The 4 Components of Family Capital
Family Capital is a true differentiator between family-owned businesses and companies with a fragmented shareholder base. Family Capital expresses itself as the organization’s culture, ethos, and network. While hard measures liking it to performance are elusive, Family Capital clearly conveys powerful advantages. McKinsey Organizational Health Index database indicates that family-owned businesses enjoy a significant advantage […]
Enterprise Asset Management (EAM) Strategy: The Road to Managing Huge Investments in Assets
Companies in asset-intensive industries have long sought to manage huge investments in assets more effectively. Yet, after a significant investment of time and money in formal asset management programs, this often falls short of delivering the promised benefits of more reliable assets, lower costs, and improved safety. Too often, executives are not sure why the […]
