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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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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?
Decision making is the selection of a procedure to weigh alternatives and find a solution to a problem. There is no right or wrong way to making decisions. Yet, decisions can always affect organizations. It… Making the Right Decision: Is your Decision Making Style Giving You the Results You Want?
Organizational health matters more than we might expect. Top management teams that are serious about developing vibrant businesses must look inward and assess the organization’s health objectively. The most effective leadership behavior reflects the state… Organizational Health Matters More than We Expect. Is Your Organization Healthy?
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
Leadership is the single most important human capital issue that organizations face. In fact, in today’s 21st century business, leadership has become a vital element for companies striving to achieve global competitiveness. However, while Leadership… Do You Have What It Takes to Be an Effective Leader?
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
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
Board Governance is frequently discussed and often misunderstood. Yet, companies must have a good handle about Board Governance. The Board plays a critical role in the success of the company. They set the strategic direction… Understanding Board Governance: How to Optimize the Strategic Potential of the Board
An Agile Manager provides the basic framework for organizations to cope with today’s volatile customer driver marketplace. Being agile is being able to master continuous change. An organization can be agile. But it needs to… Are you Ready to be an Agile Manager?
Social Media has taken business with a strong hand of thunder. Companies are now recognizing Social Media as a disruptive force that gathers strength rather than attenuate. In fact, having a good grasp of Organizational Social… Conquering Competition by Storm: Master the 6 Core Skills of the Social Leader
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