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Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
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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… Sustained Solutions to Profitable Growth: the Dimensions of Intelligent Innovation
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… Why Knowledge Management Strategy Is Important for Business Sustainability
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… Understanding Enterprise Architecture: Is it Really Important Today?
“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… Knowledge Management 101: A Practical Guide for Beginners and Practitioners
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… Agile Activity Groups: Managing Agile Companies to Consistently Outpace Competitors
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… When Business Change Needs to Take the Upper Hand: Take the Lean-led Business Transformation
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… Governance in Family Business: Putting the Pieces the RIGHT Way
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… The 21st Century Dilemma: Preparing the Next Generation for Succession
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… When Competition Starts with an S: Step-up Using the Strong-form Product Management Model
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… Getting Ready for Enterprise Asset Management (EAM) Implementation
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… The Key to Strengthening Family Business: The 4 Components of Family Capital
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… Enterprise Asset Management (EAM) Strategy: The Road to Managing Huge Investments in Assets
