|
flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
|
Identifying what the market wants is a critical issue for most executives. Likewise, the decision on how much to charge for a product is also crucial for planners. This is where Market Research comes to… A Must-Have Tool for Market Research and Pricing Strategy: Conjoint Analysis
The decision for pricing a product or service isn’t as simple as it seems. It is a key consideration for executives. Pricing way above the rival products risks not attracting the required customers while charging… Exploring Van Westendorp Price Sensitivity Meter (PSM)
Supply Chain Management is getting more and more complex. The pressure on the Supply Chain information to be made public is also increasing day by day. With the popularity and widespread use of social media,… What Should Constitute Your Supply Chain Information Disclosure Strategy?
Transformation of an organization into a Next-generation Learning Organization (NLO) is a challenging endeavor. The main hurdles include convoluted hierarchies, bureaucratic red tape, delayed decision making, and complicated organizational systems and processes. To develop a… Want to Evolve into the Next-Generation Learning Organization? Adopt These 5 Core Pillars
Performance evaluation serves as a health check on operations and individuals’ work. The organizational maturity notion signifies the progress of an organization in terms of developing its people, processes, technology, and capability by implementing quality… 5 Stages of the Performance Management Maturity Model Simplified
Supply Chain Management across industries has become way too complicated and globalized today. Since the popularity and use of Social Media has grown, organizations are increasingly getting under pressure to disclose their information publicly. This… Which Supply Chain Information Transparency Strategy Should Your Organization Employ?
Reducing the fragility of global Supply Chains in the event of disruption through natural or other disasters is a major concern for most senior executives. This rings true more so now than ever, as the… 2 Potent Supply Chain Risk Reduction Strategies
Supply Chains often get disrupted by calamities that are beyond human control. Natural disasters, such as tsunamis and floods, in the last decade have drastically affected major businesses—from automobiles to technology, to travel, to shipments—and… Supply Chain Strategies That Work Best in Containing the Risks of Disruption
Business environment has transformed drastically from what it was a century ago. It has become immensely challenging due to competition, disruptive technologies, laws, and globalization. These challenges warrant better performance to address customer needs and… Smart Organizational Design Approach vs. Traditional Organization Design Approaches
Inculcating productive workforce behaviors is of utmost significance in Business Transformation, successful Strategy Execution, and Performance Improvement. However, making people embrace productive behaviors involves a concerted effort across the organization. The realization of Transformation, Strategy,… 4 Organizational Design (OD) Elements Critical to Yield the Desired Organizational Behaviors
Business dashboards are important tools to measure key performance indicators and data pertaining to an organization or certain procedure. Just as a vehicle dashboard is powerful performance management tool in summarizing a performance of a… What Are Some Best Practices in Business Dashboard Design?
The Value Chain concept, first described by Dr. Michael Porter in 1985, is a series of actions that a firm—in a specific industry—accomplishes to produce a valuable product or service for the market. The value… Strategy Classics: Porter’s Value Chain