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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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In the modern age, organizations are striving to form a sustainable Supply Chain system to cope with the challenges that are arising. Such issues include the emission of hazardous substances, excessive resource consumption, Supply Chain… When Survival in the Midst of Chaos Calls for Supply Chain Sustainability
As the business and operating environment changes, there has been a greater demand for transparency and accountability as to the integrity of internal control. This has become very critical today as businesses drive to enhance… The COSO Framework: An Organization’s Guide to an Effective Internal Control System
Supply chain thinking used to be limited to the managers of a few global companies—companies that were struggling to coordinate internal information and materials. This, however, led to an exciting boom in cross-business coordination based… The 6 Pillars of Supply Chain Management (SCM) Thinking: A New and Revolutionary Way of Looking at Supply Chain Management
Strategic Supply Chain Planning is the “Pegasus of Strategy.” It can soar, but it also needs to keep its feet on the ground. Companies with a global supply chain now need to introduce its strategic… Mastering Strategic Supply Chain Planning: The Pegasus of Strategy
Execution has become the new watchword in Boardrooms. As organizations fail to effectively implement strategies, the importance of execution has risen to the forefront. Essentially, the first step in resolving these dysfunctions is to understand… Organizational DNA 101: A Guide to Defining Your Organization’s Behavior and Characteristics
Most organizations are unhealthy. Only organizations that are recognized to be Resilient, Just-in-Time, and Military can be described and relatively free from dysfunction. Yet, only 27% of the responses gathered from the Org DNA Profiler… When Organizational Behavioral Issues Start Affecting Organizations
Organizations can change over the years. Change may happen because that is what the customers expect or it is because the organization gets to have even the most coveted skills. Despite the changes, there are… Understanding The Importance of Organizational DNA: 10 Core Principles
A commonly quoted statistic is that 80% to 95% of the cost of a product is determined by its design and is therefore set before the item enters manufacturing. This assumption suggests that the dominant… The Power of the 5 Cost Management Strategies in Reducing Costs
COVID-19 has taken the world by a storm. Financial markets, manufacturing, services, and tourism have been hit hard. In fact, it has also changed the way we work, communicate, interact, and shop more than any… COVID-19: 10 Trends in Consumer Behavior
The uncertain times, coupled with the COVID-19 pandemic, have spur leaders to reflect on what kind of organization, culture, and operating model they need to put in place. This is to avoid returning to previous… Team Resilience In the Midst of COVID-19: Turbocharging Your Organization Against Disruptions
There is a general belief among organizations that a large percentage of a product’s costs are locked in by design. It is assumed that little can be done once the design is set. This assumption… Integrated Cost Management: An Organization’s Prescription for Lower Cost
Post-merger Integration is a highly complex process. It requires swift action as well as running the core business activities simultaneously. There is no one-size-fits-all approach to a successful PMI Process. However, careful planning focusing on… The 12 Areas of Post-merger Integration (PMI): Your Guide to Starting PMI the Right Way