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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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New market entry provides potential opportunities for organizations to grow. But penetrating a market and establishing a new business is fraught with complications and failure. Attempts at entering a new market often fail, in fact,… For a Successful Market Entry, First We Must Remove Our Cognitive Biases
The problem solving approach to organizational design and management has a number of limitations. It focuses only on what’s wrong, identifying causes, brainstorming solutions, developing action plans, and not taking into account the areas that… Do You Know How To Take Advantage of the “Appreciative Inquiry” Approach for Organizational Management?
At the pinnacle of the Industrial Revolution, not many organizations realized the complex subtleties of the Financial Capital. The organizations that were able to develop innovative methodologies to administer their financial capital outsmarted the rivals… Do You Realize the Value of Developing BeCoN (Behavior, Cognitive, Network) Capital in the Digital Age?
Expanding into new markets presents lucrative opportunities, as well as risks. Potential threats in new territories include corporate corruption, malpractices, and fraud, which most firms have to face. Corruption and fraud cover a wide array… How to Counter Corporate Corruption and Fraud
While making critical decisions, not many strategists are conscious of the impact that cognitive biases have on business decisions. These biases are part of human behavior, and can be referred to as “systematic human tendencies… Building Blocks of Behavioral Strategy: How to De-Bias Your Decision Making Process
The Digital Era has brought on critical challenges for companies to meet new consumer demands for marketing. Digital Marketing is undergoing transformation at an astounding rate. There is a radical shift towards “on-demand” marketing, where… Marketing 2.0: How to Build On-demand Marketing Capabilities
Executing strategy the right way is not everyone’s business. The reported failure rates for strategy execution stand at 60% to 90%. A study of large organizations in eight industrialized countries by Bain and Company revealed… How Do You Establish a Strategic Management Office (SMO)?
Digital natives are threatening the way traditional organizations do business. The dated authoritative structures and imposing mindsets of the executives of traditional companies are in stark contrast to today’s technology-savvy startups and digital-native companies. Traditional… Being Disrupted by Digital Natives? Empower Small Teams Using Agile Techniques to Remain Competitive
Time Management is a critical capability for individuals as well as senior leaders. Leaders are often under pressure to allocate adequate time on strategic priorities. There isn’t a one-size-fits-all formula designed for appropriate time management… Time Management 101: Core Principles of Executive Time Management
What do you think are the symptoms of Poor Time Management? Time management is a challenge for almost every individual. Executives have been found to be complaining more about the scarcity of time. The advent… What Type of POOR Time Manager Are You?
Do you know what’s the toughest issue with Talent Management? A large majority of leaders confront significant impediments trying to bring their talent and business priorities in line. Are you one of them? The typical approach… What’s the Toughest Issue with Talent Management?
Not many people have heard about the ADKAR MODEL! Developed by Jeff Hiatt—the Founder of Prosci (a Change Management research and advisory)—the ADKAR Change Management Model is a potent tool for professionals and leaders responsible… Are You Familiar with the ADKAR Change Management Model?