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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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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
Cost-based Pricing is fast becoming a relic of the past and being substituted by the concept of Target Costing. Target Costing is referred to as an organized process to determine the cost at which a… Target Costing: An Effective Approach to Pricing Products
Transformation from a product-based model to a platform model is a dream for many executives. More and more product companies are now shifting into a platform model. The drive behind such a shift is the… 4 Key Ingredients of Transforming Your Organization From A Product-based Business To Platform Business Model
Scalability describes possible meaningful changes in magnitude or capacity. In business terms, it’s the capability of a system to enhance productivity upon resource augmentation. Scalability provides an organization the capabilities to develop compelling value propositions—that… Business Model Innovation: How to Create Scalable Business Models?
Survival of a business in this digital age largely depends on its ability to timely embrace Digital Transformation. Digital Transformation entails using Digital Technologies to streamline business processes, culture, and customer experiences. In order to… Digital Transformation 2.0: Creating the Next-Generation Learning Organization