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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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In business, we love to use the term “ecosystem.” So what is an Ecosystem? In its purest form, Wikipedia defines Ecosystem as a community of living organisms in conjunction with the nonliving components of their… The Human Resources (HR) Ecosystem
Foremost, what exactly is “Corporate Entrepreneurship?” Corporate Entrepreneurship is defined as the process by which teams within an established organization conceive, develop, launch, and manage a new business that is distinct from the parent organization… Can We Drive Growth and Innovation through Corporate Entrepreneurship?
No industry is safe from Disruption. Disruption can be born from a number of sources–e.g. new technology, regulatory changes, or a global pandemic, to name a few. In a 2017 PwC survey of 1,379 CEOs… Disruption Is Inevitable. How Do We Manage through Disruption?
We are already living in the Age of Data. In fact, every organization operating today is essentially a data organization. However, only 1 in 12 are actually monetizing data to its full extent. Many organizations… It’s the Age of Data, Time to Incorporate a Data Monetization Strategy into Digital Transformation
At its essence, management just seeks to answer 2 fundamental questions: Are we doing things right? Are we doing the right things? The first question is addressed through Operational Management. Operational Management frameworks include Total… How Do We Answer the Fundamental Question of Strategy: Are We Doing the Right Things?
It’s the Age of the Customer. In this day and age, becoming a Customer-centric Organization is no longer just a differentiator–it is a necessity. Customers are now more demanding. Their expectations are higher. In fact,… How Do We Create a Customer-centric Culture?
The Digital Age is also the Age of Data. During Davos 2020, renown historian and futurist Yuval Harari once again emphasized us of the importance and potential power of data. In fact, he envisioned a… Build the Foundation to Digital Transformation through Big Data Enablement
We can call it the Digital Age, the Age of Automation, or the Post-COVID World, it doesn’t matter. All trends point to the same outcome — Workforce Digitization. Workforce Digitization and the powerful economics of automation… We’re in the Post-COVID World: Has Your Workforce Been Digitized?
Many Strategy frameworks are based on the premise: we can’t be everything to everyone. An organization that pursues too many strategies usually ends up stuck in the middle offering average products for average prices. Thus,… Revisiting a Strategy Classic, the Value Disciplines Model – How Are You Creating Value?
Artificial Intelligence AKA AI is here. All businesses are aware of AI and recognize the tremendous potential for AI. AI enables new approaches to existing business models, operations, and deployment of people. These changes can… Can Our Organization Really Leverage Artificial Intelligence?
The Competing Values Framework (CVF), developed by Robert Quinn and Jon Rohrbaugh in the 1980s, is a management theory that was developed initially from research done on the major indicators of effective organizational performance. Based… The Dexterity of the Competing Values Framework (CVF): Organizational Design, Leadership, Culture, & More
The world has changed. Forced isolation and social distancing restrictions have been put into place with the advent of the COVID-19 health crisis. This is not expected to end soon, but is expected to have… COVID-19 Strategy: How Do We Emerge a Winner?