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 […]
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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 […]
Flying High in Digital Transformation: The Operations Ecosystem
We are living in a Digital Age. Digital Transformation Strategy has become essentially important for any organization to remain competitive, across all industries. Organizations that have excelled in Digital Transformation have achieved mastery of the 4 critical Business Ecosystems. Customer Solutions Ecosystem Operations Ecosystem Technology Ecosystem People Ecosystem In this article, let us focus on the […]
Mastering Digital Transformation: Customer Solutions Ecosystem
We are living in a Digital Age. For organizations to remain competitive, they must develop and execute robust Digital Transformation Strategies. Organizations that have excelled in Digital Transformation distinguish themselves through the mastery of the 4 critical Business Ecosystems. Customer Solutions Ecosystem Operations Ecosystem Technology Ecosystem People Ecosystem In this article, let us focus on […]
Understanding Digital Transformation: The Integrated Business Ecosystem Primer
We are living in a Digital Age. For organizations to remain competitive, they must develop and execute robust Digital Transformation Strategies. Organizations that have excelled in Digital Transformation distinguish themselves through their mastery of the 4 critical Business Ecosystems. When organizations excel at managing and integrating the 4 critical Business Ecosystems, they get to outpace […]
The Secret to Unlocking Business Model Innovation (BMI)
Innovative technologies are sweeping away everything: organizations, work practices, offerings, hierarchies, and even business models. Those days are long past when business models used to stay static for years to no end. They are now under threat more so than anything else, since any technology-driven entrant can knock an established business model down in no […]
What Makes a BoD a High Performance Board?
Financial downturns and intense competition has put a lot of strain over boards and directors to perform better. The effectiveness of the board of directors varies from organization to organization. An accomplished chairman can make the board more constructive and practical by establishing high standards and helping members improve their participation. In 2013, McKinsey & […]
For a Successful Market Entry, First We Must Remove Our Cognitive Biases
New market entry provides potential opportunities for organizations to grow. But penetrating a market and establishing a new business is fraught with complications and failure. Attempts at entering a new market often fail, in fact, research suggests that for every successful market entry about 4 fail. The reasons for such high failure rates involve timing, […]
