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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Global expansion is tough. Even the most seasoned executives can find themselves daunted by the complexities of entering new markets. The CAGE Distance Framework—crafted by strategy expert Pankaj Ghemawat—was designed to address this challenge. It’s… The CAGE Distance Framework
Modern industries face ongoing challenges in innovation and problem-solving. Unfortunately, traditional methods often fall short in addressing these complex issues effectively, necessitating a shift towards more sophisticated, structured approaches. Developed by Genrich Altshuller in the… TRIZ (Theory of Inventive Problem Solving) Tools
The high demand for innovation coupled with slim margins for error can overwhelm management, creating significant pressures across various sectors. The Stage-Gate Process, developed by Dr. Robert G. Cooper, stands out as a premier framework… Stage-Gate Process
Problem solving is integral to the daily routines of executives and managers. Effective problem solving is critical for organizational success and involves a systematic approach to identifying, analyzing, and resolving issues. The CATWOE framework, part… CATWOE Analysis
Boosting employee motivation and engagement levels is a constant struggle for executives. Technical and analytical competence has long dominated management focus, but scholars and executives now acknowledge the significant impact of emotions and opinions on corporate… 4 Zones of Organizational Energy
Managing the customer journey is challenging, even more so due to the growth of technology, changes in marketing, and varying customer preferences. To address these challenges, using the REAN Model can help you in developing… REAN Model
A multitude of industry sectors find themselves ensnared in relentless competition as organizations strive vigorously, frequently contending over identical attributes, all the while presenting comparable goods or services. This fiercely competitive environment has clear and… 4 Actions Framework
MOST Analysis (Mission, Objectives, Strategies, and Tactics) is a powerful framework that redefines Strategic Planning and enhances organizational alignment. By focusing on internal processes and organizational culture, MOST transforms abstract visions into actionable objectives, driving… MOST Analysis
Whether the focus is a strategy, operations, tax, finance, HR, or IT, management consulting firms have become a staple of corporate life. From defining strategic directions to simply serving as an additional pair of hands… Consulting Workshop Series 101: Tools to Generating Effective and Innovative Ideas
The concept of Core Competence was first introduced by C. K. Prahalad and Gary Hamel in 1990, in their article The Core Competence of the Corporation. Since then, this term has become part of the… What Qualifies As a Core Competence?
The Telecommunications (Telecom) industry is a dynamic and essential sector, driving connectivity and communication across the globe. This industry encompasses various services, including voice, data, and video transmission, and is fundamental to the functioning of… Telecommunications Industry Value Chain: Deep Dive
Most organizations struggle with Strategy execution. In fact, numerous studies from top consulting firms (including McKinsey, Bain, BCG) and Harvard Business Review have shown approximately 70% of strategies fail due to poor execution. Furthermore, organizations… Strategic Management Done Right: Set up a Strategic Management Office (SMO)