In the post 9-11 world, we saw organizations focus on Business Continuity. In the post-pandemic world, organizations will supplement Business Continuity with an emphasis on Business Resilience. This distinction may seem subtle, but it’s actually substantial. After 9-11, organizations recognized the threat of unforeseen disasters and engaged in BC/DR efforts. BC seeks to answer the question: in the […]
About David Tang
David Tang is an entrepreneur and management consultant. His current focus is Flevy, the marketplace for premium business documents (e.g. business frameworks, presentation templates, financial models). Prior to Flevy, David worked as a management consultant for 8 years. His consulting experience spans corporate strategy, marketing, operations, change management, and IT; both domestic and international (EMEA + APAC). Industries served include Media & Entertainment, Telecommunications, Consumer Products/Retail, High-Tech, Life Sciences, and Business Services. You can connect with David here on LinkedIn.Author Archive | David Tang
To Survive COVID-19, We Need to Manage the 3 Cs – Costs, Capital, and Cash Flow
The entire world is facing the same crisis right now. As of the morning of April 2nd, there are close to 1MM Coronavirus cases worldwide, of which 75% are active cases. For almost all countries, the case growth is still growing exponentially on a day-to-day basis. With entire nations under lock-down, many industries and businesses […]
The Science of Strategy Selection: What’s the Best Framework?
There are literally 100s of Strategy frameworks. In our Strategy Development Stream alone, we have 40+ frameworks available. With so many tools available, it can be difficult to determine what the right approach is for our organization. When selecting the appropriate strategic approach, there are numerous important considerations for us to evaluate, including Corporate Culture, Organizational Structure, Leadership […]
Putting the Analytics Transformation into Our Digital Transformation
The huge benefits and insights derived from Big Data and Analytics is now accepted broadly across all industries. Analytics-driven decision making extends beyond corporate business decisions down to even tactical decisions in sports. As such, organizations are investing heavily in Analytics technologies and incorporating Analytics Transformation into their Digital Transformation efforts. Unfortunately, the experience and […]
How and Why We Should Align Strategy and Finance
In the Digital Age today, most industries today in a state of flux driven by volatile market forces. These market changes are affecting how Finance needs to operate. Specifically, more than ever, Finance needs to be more strategic and likewise in stronger alignment with Strategy. Resultantly, an optimal Target Operating Model (TOM) is one that […]
At What Stage of Growth Is Your Organization?
In a previous article I wrote (How Do We Understand the Growth Maturity of Our Organization?), we discussed the 5 dimensions of organizational maturity: 1. Age of the Organization 2. Size of the Organization 3. Stages of “Evolution” 4. Stages of “Revolution” 5. Growth Rate of the Industry Let’s take this concept further and see […]
What Digital Operating Model Should We Adopt?
Organizations, small and large, are undergoing Digital Transformation to evolve to “Digital Organizations.” Beyond just adopting emerging technologies into their front-end business models and back-end infrastructure, to become a true “Digital Organization,” they must also adopt “digital” Operating Models. While leadership may be eager to adopt these Digital Operating Models, it would be a mistake […]
How to Redesign Your Operating Model for the Digital Age
Lean Management plays a significant role in putting in place processes, capabilities, and tools to improve how businesses operate. But, now, in the Digital Age, emerging Digital technologies give us even more opportunities to further transform and improve operations. However, with increased opportunities, there’s also increased complexity. Tasks performed by humans are now more complex–be […]
How Do We Understand the Growth Maturity of Our Organization?
All organizations mature and change over time. If you we look at a startup and then a large enterprise, we can see just how drastic the changes are–and they are across all facets of organizational practices. This includes management focus, management style, organizational structure, strategy development, etc. However, from a week-to-week, month-to-month, oftentimes even year-to-year […]
How Do We Drive Growth during Uncertain, Turbulent Markets?
Over the years, hundreds of frameworks around Strategy Development have been developed. Each offers its benefits and drawbacks; and is optimal for certain competitive and organizational situations. When looking to drive growth amidst uncertain, turbulent times, Capabilities-Driven Strategy (CDS) is the framework of choice. As the name suggests, CDS is all about developing sustainable business […]
By Now, We All Know of RPA. But, What Is IPA (Intelligent Process Automation)?
We’ve all heard of Robotic Process Automation (RPA). RPA is the emerging form of business process automation technology based on metaphorical software robots (bots) or artificial intelligence (AI) workers. When an organization undertakes Digital Transformation, RPA is typically the lowest hanging fruit driving most immediate impact. But, what is Intelligent Process Automation (IPA)? In short, […]
Where and How Does Digital Transformation Actually Create Value?
Most would agree there is tremendous potential for Digital Transformation initiatives to drive value within the organization. However, when we dig a little deeper, people may struggle in answering some basic, qualifying questions… How do our Digital Transformation initiatives drive value? (And, how much value?) Exactly where within the organization is the value coming from? […]
