Mature markets, where the customer base begins to stagnate, call for structured Organic Growth founded on a superior Customer Value Proposition (CVP). CVP encompasses all that is gained by customers for the money they pay—material as well as intangible. Customer Value can be articulated by the equation: Customer Value = (Product Performance + Service Delivered + […]
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10 Hidden Strategic Opportunities
Potential opportunities always surround leaders. It is up to them to pounce on those or regret overlooking them when someone else takes advantage of them. Leaders’ personal beliefs and assumptions often clash reality. The trait is categorized as “confirmation bias” in Psychology, where individuals pick the data that supports their existing opinions and approaches and […]
The 4 Models of Management
In a study conducted by global management consulting firm Strategy& (formerly Booz & Company) of 100s of organizations of varying sizes and types, they synthesized a spectrum of 4 different corporate management models. These 4 management models are defined by the way senior management and the “Corporate Core” engage with the rest of the organization. […]
Green Tourism Strategy
Tourism is a key element in creating an impetus for financial growth across the globe. The sector was providing jobs to around 260 million people and contributing to over 10% in global GDP, based on 2010 numbers. These numbers will grow in future. However, these financial benefits do not occur without costs that have the […]
Sustainable Tourism
Tourism contributes enormously to economy and financial growth of tourist destinations across the globe. The sector was providing jobs to around 260 million people and contributing to over 10% in global GDP, based on 2010 numbers. These numbers are growing and will continue to so in future. However, these financial benefits do not occur without […]
Tension Management 101: How Do We Manage Workplace Tension?
In a high-pressure environment such as the C-suite or Boardroom, tension is bound to exist. Since tension is bound to exist, the goal is not to eliminate tension, but rather, to turn tension into productivity. These 2 main kinds of tensions that exist in an organization: 1. Natural Tension Natural Tension refers to personal tension […]
10 Principles of Organizational Design
Research by PwC indicates that leading companies are in a near perpetual state of Reorganization. This upsurge in Organizational Design initiatives is owing to the accelerating pace of strategic change caused by disruption of industries, changing competitor landscape, customer behaviors, and distribution channels. Companies opt to commence efforts to restructure their organization in the hopes […]
6 Books That Will Help Your Startup
It’s often said that life is the best teacher. When it comes to business, nothing could be truer. However, some things are easier to deal with if you learn from someone else. Reading books by people who have been through what you’re going through will save you time, money, and stress. This is something most […]
Exceptional Leadership
Evaluation and onboarding of outstanding leaders is anything but straightforward. Almost all organizations have set up testing mechanisms or assessment centers to distinguish senior leadership candidates having traits that make up for Exceptional Leaders. These assessment centers shortlist leaders based on certain indicators and criteria. However, these assessments are not always accurate in predicting the […]
10 Best Practices for Small, Agile Teams
Profitability is at the core of successful businesses. Many markets do not allow as much top-line revenue increase as the companies would like. Therefore, organizations have to focus on improving the bottom-line. Boosting the bottom-line entails raising Productivity. Productivity enhancement can be achieved by eliminating redundancies and improving processes that change the company. Process Improvement […]
Conditions for Sustainable Change
With most Transformation initiatives people gradually revert back to their old habits of doing things. Sustainable Change Management necessitates 4 key processes: Chartering—defining the scope, rationale, and team for the change initiative. Learning—testing and refining ideas before a full-blown execution of the initiative. Mobilizing—using symbols and metaphors to engage people and gain their buy-in for […]
Lean Product Development: Talent Development
Top products are the creation of top designers and developers. Lean Product Development helps in developing expert designers and developers, who are excellent problem solvers and are adept at creating innovative solutions. Developing Key Talent for Product Management accelerates Innovation and time to market while lowering costs. Managers responsible for developing creative products and solutions need […]
