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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Mediocre people occupying senior leadership positions is one of the chief reasons for the fiasco and humiliation that organizations like Enron and WorldCom faced. The practice of recruiting average people at the top is omnipresent… Executive Selection 101: Selecting a New CEO or Other Executive Level Role
The Sustainability Performance of a firm can be viewed as a spectrum ranging from outstanding to inadequate. Firms rated as Sustainability Leaders are often proactive in addressing sustainability issues, exploring innovative solutions by mobilizing resources… What Separates Sustainability Leaders from Sustainability Laggards?
Enterprises worldwide face problems selecting, staffing, developing, compensating, motivating, and sustaining their key talent. Building a sustainable Talent pipeline is quite strenuous even for large multinationals. Replicating best practices from somewhere and applying them alone… Finding It Hard to Manage a Stable Talent Pipeline? Get Help from These 6 Pillars of Talent Management
VUCA relates to threats that people and enterprises often encounter. The acronym reflects the constant, dramatically-transforming, and unpredictable world. The concept originated in 1987, based on the theories of Warren Bennis and Burt Nanus. The… Is Your Organization Ready to Respond to VUCA (Volatile, Uncertain, Complex, Ambiguous) Threats?
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?
At its essence, management just seeks to answer 2 fundamental questions: Are we doing things right? Are we doing the right things? The first question is addressed through Operational Management. Operational Management frameworks include Total… How Do We Answer the Fundamental Question of Strategy: Are We Doing the Right Things?
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
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
It’s the Age of the Customer. In this day and age, becoming a Customer-centric Organization is no longer just a differentiator–it is a necessity. Customers are now more demanding. Their expectations are higher. In fact,… How Do We Create a Customer-centric Culture?
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?
Corporate Sustainability is a matured approach towards doing business by meeting the needs of the customers without compromising the opportunity for future generations to enjoy natural resources. Rapid population growth, economic growth, the consumption of natural… Future Sustainability-based Organizations Will Deliver Value across 3 Fronts – Social, Environmental and Financial