Most of us have experienced a uniqueness in some organizations. These organizations stand out, exude fervor and zeal. Their customers are pleased with the Customer Centric Design of the company, Employee Engagement is high, and investors and shareholders take pride in being part of it. It is not their exceptional product or service that is […]
About Mark Bridges
Mark Bridges is a Senior Director of Strategy at Flevy. Flevy is your go-to resource for best practices in business management, covering management topics from Strategic Planning to Operational Excellence to Digital Transformation (view full list here). 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. Prior to Flevy, Mark worked as an Associate at McKinsey & Co. and holds an MBA from the Booth School of Business at the University of Chicago. You can connect with Mark on LinkedIn here.Author Archive | Mark Bridges
Essence of Restructuring: Re-Engagement
Restructuring is a turbulent process that shakes the foundations of the organization. The goal of Operational Excellence cannot be realized merely by the surgical removal of human resource during Redeployment after Restructuring. Keeping focus on moving the organization forward with vitality means boosting the sagging morale of the employees who survive this storm. It is […]
Working Remotely? Follow These 9 Communication Tactics Vital to Enable a Virtual Workplace Culture
Virtual Work has become a norm nowadays. To enable Virtual Work, organizations should strive to develop an Organizational Culture of writing things down. Documenting everything—from meeting notes to quarterly objectives—facilitates in developing stronger, informed, and more credible teams. Organizations need to pay attention to and make good use of these 9 communication tactics to establish […]
Restructuring 101: Use These Assessment Processes and Methods for Redeployment
Organizations that have survived over time have had to reinvent themselves over and over with the changes in the environment. These Business Transformations almost always include Cost Reduction that tend to lean towards Headcount Reduction. Headcount Reduction is typically achieved using 2 approaches: Downsizing Restructuring Downsizing keeps the fundamentals of the roles same with only […]
How to Transition from an In-Office to Remote Work Setting Seamlessly?
COVID-19 has forced organizations to adapt to the new norm of Remote Work. Many people consider telecommuting as the future of work. Employers who allow Remote Work have seen enhanced employee morale, output, and efficiency. However, Remote Work setting is far from business as usual. Management needs to understand and manage the intricate differences between […]
What Is Redeployment? The Most Critical Phase of Restructuring
Business Transformation is a given in the lifecycle of organizations. If an organization or business desires to continue growing gainfully, it has to keep Restructuring and Innovating with time. Successful Restructuring can be achieved by pursuing a robust 4-phase approach. Each incremental phase paves the way for shaping the next phase: Strategic Analysis Structural Redesign Redeployment […]
Suffering Profit Leaks? Use Cost-to-Serve (CTS) Analysis to Prevent Them
Supply chain management across industries is being revolutionized at a rapid pace by technology. By implementing technology systems, supply chain organizations aspire to eliminate waste, meet customers’ needs at reasonable costs, and ensure profitability. Enterprise Resource Planning systems facilitate in processing unstructured data at an aggregated level. However, at workflow or micro level the data […]
How Do We Understand Consumer Behavior and Undertake Behavioral Transformation? Know 3 Bs of Behavioral Change
Product managers, marketers, and designers are often confused as to what they should do to increase the chances of customers’ engagement and uptake of their offering. Changing individuals’ behavior to enhance engagement, productivity, innovation, and happiness isn’t straightforward. It takes a lot of effort, time, and resources to execute initiatives aimed at transforming behaviors and […]
What Are the 3 Obstacles to Overcome while Selecting Senior Executives?
Mediocre people occupying senior Leadership positions is one of the chief reasons for the fiasco and humiliation that organizations like Enron and WorldCom faced. The practice of recruiting average people at the top is omnipresent and often goes unnoticed until the results begin to surface, which is typically too late for any intervention. Smart people […]
Employee Onboarding 101: Starting on the Right Foot
The single most pressing challenge for an organization in this knowledge economy is attracting and retaining talented people. This can be a make or break challenge for the organization and warrants careful consideration during Strategic Planning. Starting on the right foot is absolutely essential to overcoming this challenge. Organizations, particularly HR, need to have an […]
Executive Selection 101: Selecting a New CEO or Other Executive Level Role
Mediocre people occupying senior leadership positions is one of the chief reasons for the fiasco and humiliation that organizations like Enron and WorldCom faced. The practice of recruiting average people at the top is omnipresent and often goes unnoticed until the results begin to surface, which is typically too late for any intervention. Smart people […]
How to Go about Implementing a Job Leveling Framework?
A job consists of various critical elements that are essential to achieve enterprise outcomes—i.e., talent and behavioral requirements, role, and responsibilities. Jobs that are configured inadequately bread disputes, negative perceptions, inequality, and frustration. On the other hand, structured jobs, appropriate distribution of work, justified authority levels, and correct estimation of value of individual jobs are […]
