Inspiring breakthrough innovation in business models and solutions is becoming critical for organizations’ existence, as startups through their innovation have been consistently disrupting large organizations globally. To foster innovation, the key ingredient is creating an organizational culture that encourages innovation in all spheres. Every organization, today, aspires to nurture a culture of innovation where employees […]
Archive | Strategy, Marketing, & Sales RSS feed for this section
10 Principles or Key Ingredients of a Thoughtful Customer Strategy
In these challenging times, it’s no longer enough to target a few, select purchasers and develop products for that clientele. The key ingredient that most leaders overlook while serving their clients is a thoughtful and planned Customer Strategy. A robust Customer Strategy entails speaking the language of the customers, knowing how to anticipate their needs, […]
The 7 Fundamentals of Innovation: Your Guidepost to Doing Innovation Better than the Rest
Managing innovation is an important process only a few organization can master very well. It is because the innovation process is not fully understood or implemented and the innovation culture is still immature. While Innovation Management is recognized to bring in results, excellence has not been achieved in terms of managing innovation. Highly successful companies […]
Redefining the Imperative in Mergers and Acquisitions – The Target Operating Model
When organizations go into Mergers & Acquisitions (M&A), its future operating state changes. A fundamental question will arise as to what the Target Operating Model (TOM) of the resultant organization will look like. What is TOM? The Target Operating Model (TOM) represents a clearly defined target structure in which the relevant unit should operate in […]
Scenario Planning for Consultants – Strategizing The Uncertainties
Major, uncertain shifts in the organization’s environment call for a resilient strategy that will keep the organization either afloat or, better still, ahead of the game. We need a tool that will test the flexibility of our existing strategy against various possible future alternatives. It should be that powerful that it can allow us to […]
Be One Step Ahead of the Game! Master the Consulting Framework to Brainstorming
Brainstorming can be a challenge. It can be confusing when not done right. But it can be an effective tool when effectively managed. Mastering the brainstorming technique sets consultants apart. Brainstorming techniques can enable effective consultants to analyze problems in a structured, focused, and logical way. Understanding Brainstorming within Consulting Brainstorming involves the entire problem […]
Brainstorming Redefined: 7 Steps to Questions-based Brainstorming
Creative ideas—such as Innovation, Process Improvement initiatives, or Growth Strategy opportunities—drive businesses. It’s every executive’s dream to manage a team that is creative enough to come up with innovative ideas perpetually. Traditional brainstorming is the conventional method utilized by teams to generate new ideas globally. The conventional brainstorming sessions, however, often falls short of generating […]
A Quick Look at the Structured Approach to Industry Analysis
To succeed in a market or industry, organizations need to objectively analyze the underlying forces, attractiveness, and other success factors. They often seek outsiders’ assistance to bring fresh perspective, insights, and recommendations. The external contractors commence the engagement by carrying out a detailed industry analysis. The industry analysis facilitates in identifying potential opportunities, threats, and […]
Harnessing Digital Transformation: The People Ecosystem
We are living in a Digital Age. A robust Digital Transformation Strategy is today’s organization’s corporate armaments in remaining competitive. Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the 4 critical Business Ecosystems. Customer Solutions Ecosystem Operations Ecosystem Technology Ecosystem People Ecosystem […]
Capturing Digital Transformation: Path to Digital Leadership
We are living in a Digital Age. A robust Digital Transformation Strategy is today’s organization’s corporate armaments in remaining competitive. Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the 4 critical Business Ecosystems. The 4 Critical Business Ecosystems Customer Solutions Ecosystem Operations […]
An Effective Methodology to Avoid Disruption: The 8 Pillars of Innovation
Almost every other day, startups emerge and disrupt established companies because of their innovative ideas and business models. This disruption is, primarily, due to the reluctance of big companies to implement a series of strategic and organizational practices required to organize and inspire creativity. Large firms are, generally, better at implementation rather than innovation due […]
Conquering Digital Transformation: The Technology Ecosystem
We are living in a Digital Age. A robust Digital Transformation Strategy is today’s organization’s corporate armaments in remaining competitive. Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the 4 critical Business Ecosystems. Customer Solutions Ecosystem Operations Ecosystem Technology Ecosystem People Ecosystem […]