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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Information Technology works best when it is tied tightly to our company’s overall business goals. On the other hand, business unit executives have remained doubtful about IT’s ability to support them in creating value. Despite… Understanding Enterprise Architecture: Is it Really Important Today?
“Knowledge has power because it controls access to opportunity and advancement.” – Peter Drucker The 21st century is undoubtedly the century of knowledge. The everyday usage of available advanced information and business technologies, and internet… Knowledge Management 101: A Practical Guide for Beginners and Practitioners
The Retail industry is under constant pressure by low margins and ever-increasing rivalry. Weak consumer spending; saturated markets; increased consumers demands for service and lower prices; and intense competition has put significant strain on retail… Retail Strategy: How to Effectively Manage IT Costs
The pace of digital disruption is putting even large corporations at risk of closure. Startups are using disruption to their benefit by embracing robust approaches and creating unique business models. This intense competition and disruption… The Principles and Implementation of Scaled Agile Framework (SAFe)
Operating a Matrix Organization can be a challenging task. Complex geographical structures, cultural barriers, functional divides, conflicting barriers, and management silos abound. Matrices are often necessary though this may create uncomfortable ambiguity for employees. Most employees… The Power of Matrix Management 2.0 – Gaining Market Leadership
With the advent of the Internet of Things (IoT), competition has become a different ball game. IoT will soon become a differentiating factor in competition. In fact, IoT is one of the driving emerging technologies… Taking the Position of Advantage in the Internet of Things (IoT) – Its Opportunities and Challenges
The Matrix Organizational structure has a great influence on Project Management. The Matrix has evolved to fill the need of an organization to deal with great project size and complexity. This has increased organizational complexity.… Learning to Unlock the Complexities of a Matrix Organization
At the heart of the operation of the Matrix Organization is the “Balance of Power” between the Project Manager and Functional Management. Yet, even if there is Balance of Power, the question as to who… Unravelling the Balance of Power in a Matrix Organization
We are living in a Digital Age. A robust Digital Transformation Strategy is today’s organization’s corporate armaments in remaining competitive. Organizations that have excelled in Digital Transformation have one thing in common that distinguish them… Conquering Digital Transformation: The Technology Ecosystem
We are living in a Digital Age. Digital Transformation Strategy has become essentially important for any organization to remain competitive, across all industries. Organizations that have excelled in Digital Transformation have achieved mastery of the 4… Flying High in Digital Transformation: The Operations Ecosystem
We are living in a Digital Age. For organizations to remain competitive, they must develop and execute robust Digital Transformation Strategies. Organizations that have excelled in Digital Transformation distinguish themselves through the mastery of the… Mastering Digital Transformation: Customer Solutions Ecosystem
Functional areas in an organization are often marred with ambiguities–some process related and other role related. The Responsibility Assignment Matrix or RACI Charting is a simple technique to resolve these ambiguities. It works collaboratively to… How to Conduct RACI Charting and Analysis Professionally?