Take a look at any successful business and you will find one common ingredient among the many keys to success; every one of them handles their business finances with immense care and incredible efficiency. Whether you are a small business trying to expand or an establish enterprise wanting to boost market competitiveness, making improvements to […]
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User experience (UX) is so important to websites these days and if business owners don’t spend time and money on perfecting UX, their profits are going to drop considerably. If you run an online hotel booking system and you’re looking to improve the experience for your clients, consider the following ideas. Increased Website Performance The […]
Fifteen years ago, the ‘new cool’ was owning a Nokia 3310, a legendary, unbreakable and indestructible GSM mobile phone announced in September 2000. We were over the moon with its features that enable us to make phone calls, send long SMS text messages and play the classic Snake II in our free time (let’s be honest, […]
Most business owners at one time or another would have considered the notion of expanding their company. If your business is making a good profit and sales are on the up, then it can be a decisive and logical next step. How you go about your company’s expansion is another matter. You should first consider […]
Forward-thinking companies will be able to predict the future just a fraction ahead of everyone else with a little bit of the right information at the right time—the “two-seconds advantage.” The term“two-seconds advantage” does not necessarily means ahead in time literally. It basically refers to our capability to take the advantage faster than our competitors. […]
Apply strategic thinking to create a business strategy that is coherent, unifying and strategically advantageous. What is Strategic Thinking? Strategic Thinking is a comprehensive planning model that covers innovation, strategic planning and operational planning. It is a process that applies vision development, strategic planning and operational planning to develop business strategies that have a greater […]
What if you don’t have 3 days to complete a full strategic plan? How can you still get a good quality strategic plan when you only have a day or a day and half for planning? The planning process I’m presenting here will get you a great plan in half the time. This process is […]
When talking about Digitalization, we cannot ignore the impact of the digital technologies into our everyday life. Our familiarity with technology–computers, the internet, mobiles, and social selling, are all aspects that can stimulate and improve our outcomes. That is why technology disruption has become a key factor to be considered in any Business strategy. But, […]
Editor’s Note: Ganesh Rajagopalan is a seasoned management consultant and former investment banker. He is also a leading author on Flevy, having published numerous business frameworks on topics such as Strategy Development, Investment Analysis, and Value Chain Analysis. You can view all his materials here. * * * * The Context Businesses look to grow and […]
Even if just one customer wants it a second time, it’s no longer small. Being someone who believes in this strongly, the title is keeping in mind the market forces. So, please, only think of a brand as small or large when it is bared out on a spreadsheet or when the calculations are done. […]
Nostalgia has a way of carrying us back into our memories and reminding us of special moments, like Friday nights spent fighting over new releases, standing indecisively in front of DVD covers, and arguing about Indiana Jones’ relevance in Raiders of the Lost Ark. Oh, come on, we have all seen that episode of the Big Bang […]
I’m bemused by the repetitive announcements that “strategy is dead” and has no place in our rapidly changing and uncertain business environment. Pundits claim that: it’s too slow and laborious the outcomes are irrelevant in an uncertain and changing environment, and organisations prefer to simply respond quickly as conditions and customer requirements change. Despite the […]
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