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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Talent is hard to find these days. The job market is highly competitive, and recruiters and hiring managers should know the latest recruiting methods, which are constantly evolving. While some old tactics are still effective,… 7 Key Hiring Trends to Watch Out for in 2024
Organizations that do not define an organizational culture leave the door open for the culture to define itself—which is often fraught with dissatisfaction, toxicity, and misalignment. Corporate Culture, Organizational Culture, or Workplace Culture all share… Cultural Web Model
The IT4IT framework is a structured and standardized approach to IT management, aiming to optimize the IT value chain, refine service models, empower value streams, and align IT services with organizational objectives. IT4IT offers a… IT4IT Reference Architecture
The procurement function in most organizations deserves more attention than it gets. Most executives associated with procurement lack the competencies and perspectives required to identify gaps and effectively manage the function. This paucity of attention… The Kraljic Matrix
Growth Hacking is a buzzword these days. Conventional marketers often find Growth Hacking Experimentation extremely challenging. However, traditional marketers exercise Growth Hacking Experimentation in their routine activities without realizing it. For instance, they pre-test variables,… Growth Hacking Experimentation
Growth Hacking is neither “scoring some quick wins to kick-start growth” nor “breaking into something one should not.” It is an important element of Marketing aimed at organizational growth. The term Growth Hacking was first… AARRR Growth Funnel
Selling a business can be challenging. After all, you have likely worked many years to get it where it is today. Consider all the times you skipped vacation to meet customer demand or the sacrifices… How Can Business Owners Assess the Market and Determine if It’s a Good Time to Sell?
Traditional Startups demand that the entrepreneurs formulate a comprehensive 5-year Business Plan. The approach that traditional startups typically adopt is a linear, effort-intensive, and costly process that necessitates in-depth reflection, planning, and execution with minimal… Lean Startup Methodology
Service represents an intricate, multi-tiered procedure encompassing numerous individuals and technologies that collaborate harmoniously or encounter issues. In order to foster Innovation and enhance Customer Satisfaction, visualizing every step and participant, from customers to third-party… Service Blueprint
Companies often look at external threats to their assets. However, data breaches sometimes occur from the inside. For example, a disgruntled former employee gains access to sensitive files. A dishonest current worker chooses to use… What Measures Should Businesses Take to Prevent Insider Data Breaches?
Organizations undergo different phases of development. Some reach maturity and then decline over time, whereas others just fade away in the startup phase. A few businesses, however, evade collapse and maintain growth for years. They… McKinsey’s Three Horizons of Growth
Model-Based Systems Engineering (MBSE) is a formalized methodology that uses digital models to support the entire lifecycle of complex system development. It provides a single source of truth, ensuring discipline-specific views of the system are… Model-Based Systems Engineering (MBSE)