|
flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
|
Organizations typically focus on Customer-centric Design in their Strategic Planning and overlook the critical driver of Performance, Growth, and Operational Excellence—their employees. With cut-throat competition now the norm the realization has become clearer that employees… Can We Transform Employee Engagement into a Competitive Advantage? Yes, Here’s How
Traditional Talent Management practices fail to meet the high-potential talent requirements imperative to compete in the digital world today. In fact, they disappoint the key talent available in the market. A 2016 Digital Business research… Digital Transformation: 2 Distinct Approaches to Talent Management
Enterprises worldwide face problems selecting, staffing, developing, compensating, motivating, and sustaining their key talent. Building a sustainable Talent pipeline is quite strenuous even for large multinationals. Replicating best practices from somewhere and applying them alone… Finding It Hard to Manage a Stable Talent Pipeline? Get Help from These 6 Pillars of Talent Management
VUCA relates to threats that people and enterprises often encounter. The acronym reflects the constant, dramatically-transforming, and unpredictable world. The concept originated in 1987, based on the theories of Warren Bennis and Burt Nanus. The… Is Your Organization Ready to Respond to VUCA (Volatile, Uncertain, Complex, Ambiguous) Threats?
One of the most popular Strategic Planning tool among executives is the SWOT analysis (or SWOT matrix). However, sometimes assessing the organization’s Strengths, Weaknesses, Opportunities, and Threats is not enough to set the direction for… The Strategic Goals Grid, an Alternative Framework to SWOT Analysis
Strategy and execution are the 2 critical elements that drive a business. However, leaders often struggle even with defining—let alone devising and executing—an effective strategy. Many of those who are responsible to deal with it fall… How to Differentiate Between General, Corporate, and Competitive Strategy?
Manufacturing today entails immediate yet informed decision making. However, with increasing levels of sophistication and production, senior leadership often has limited time to make optimum decisions pertaining to the number of unanticipated issues surfacing from… How to Utilize Internet of Things (IoT) System to Expedite Decison-Making in the Manufacturing Sector?
Artificial Intelligence (AI) enabled organizations are an emerging reality. Transformation towards an AI-enabled organization requires the management to adopt “Change Management” and also adapt their Organizational Leadership styles in accordance with it in order to… To Take Advantage of Artificial Intelligence, We Need an AI Enabled Workforce
Changing industry ecosystems and competition today demand from the organizations to undergo strategic shifts. The purpose of a company is undergoing Business Transformation from serving the interest of shareholders to serving all stakeholders that influence… Shareholder Value Traps: How to Avoid Them and Create Value for Your Organization
In the wake of global pandemics when meeting face to face is not possible, it’s about facilitating workshops digitally, designing a formal agenda, and utilizing digital tools to ensure a productive virtual meeting. Digital Collaboration… Digital Facilitation – Learn to Embrace the Future of Work Environments
Large manufacturers are often reluctant to share knowledge with suppliers. However, supplier networks are considered a great source of gaining competitive edge by Learning Organizations. A Learning Organization is founded on innovation, free flow of… Learning Organization – Gaining Competitive Advantage through Supplier Networks
Financial crisis, adverse supply shock, technological disruption, or natural hazards and disasters significantly affect global businesses. Recessions caused by these global incidents and problems have serious outcomes on commodity prices, stock markets, economies, and even… A Robust Approach to Downturn Management and Transformation