Globalization and the resulting intense competition has forced the organizations to continually seek efficient ways to improve. They plan and undertake various initiatives to accomplish this. A potent method to drive revolutionary improvement in productivity and enhance the enterprise’s ability to become a “Learning Organization” is to implement a Best Practices Transfer program. Sharing business […]
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M&A Turnaround Strategy
The impact of the global pandemic, volatile stock markets, and slowed economic outlook across the globe has hurt the performance of enterprises across the world. The scenario has forced leaders to consider undertaking Transformation of their strategy and operations significantly. The strategy to buy out troubled businesses and determining to fix the issues that upset […]
5 Stages of Tuckman’s Group Development Model
Studies on Team Motivation and Building Effective Teams stem from the research carried out in Psychology and Sociology. Wilhelm Wundt (1832-1920), the Founder of Modern Psychology, is credited with conducting the 1st research on the subject. The Social Psychologist Kurt Lewin (1890-1947) is credited with introducing the term “Group Dynamics.” The term defined the constructive […]
6 Mindset Traits of Great Problem Solvers
Problem Solving is a fundamental life skill indispensable for survival of an individual. It is honed in every person to varying degrees. It is especially a useful skill to embody Leadership Development. Problem Solving skill can be taught and learnt. MIT defines Problem Solving as: The process of identifying a problem, developing possible solution paths, […]
Strategic Cost Reduction: Good vs. Bad Costs
Disruption is creating opportunities for some businesses and threats for the others. As a matter of fact, it was considered one the most significant concerns by the CEOs in a PwC 2016 global survey. A significant percentage (70%) of the leaders in the survey were planning to implement a cost reduction initiative, owing to low […]
Managerial Grid Model
One leadership style does not work in all situations. A variety of management and leadership styles exist for people in leadership roles, but each individual utilizes a unique style to get work done. Successful leaders need to understand the pros and cons of various leadership approaches, their impact on the people they command, and the […]
Secrets to Becoming a Global Leader: The Art and Science of Key Performance Indicator (KPI) Strategies
“Selecting the right measure and measuring things right are both art and science. And KPIs influence management behavior as well as business culture.” ― Pearl Zhu, CIO Master: Unleash the Digital Potential of It The 2018 Strategic Measurement Global Executive Study and Research Report showed that business leaders worldwide are struggling to strike a workable balance between […]
Challenge Day 21: The Power of Habits
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * Have you ever struggled with forming a new habit or keeping your own habits? How many times you tried to go on diet and you gave up after few […]
Challenge Day 20: How to Find Your IKIGAI
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * What are you good at? What do you love? What does the world need? What can you be paid for? Answering these questions will help you find your Ikigai. […]
GE-McKinsey Matrix: A Strategic Business Portfolio & Investment Analysis Tool
A problem that executives often face is finding a tool to identify where and how to compete, identify profitable markets, evaluate investment options, and price their products rightly. GE-McKinsey Matrix is one such strategic planning tool that helps the executives make investment decisions and manage their product portfolio based on sound analysis. Outlined by McKinsey […]
Challenge Day 19: 4 Keys to Build Your Inner Wealth
Editor’s note: This is part of 30-day challenge series written by Hanane Anouna. You can follow along and read the full series here. * * * * “The goal is not to get rich. The goal is to live rich. ” I posted this quote yesterday and one of the comments was “I think to get […]
Achieving Success in Post-merger Integration (PMI): The Top 10 Tips Every Organization Must Know
When organizations go through a Post-merger Integration, often management realizes that it is never a simple undertaking. It is a highly complex process. Swift action is required as well as being able to run the core business activities simultaneously. There is no one-size-fits-all approach to a successful PMI Process. However, to maximize deal value, there […]
