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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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The ups and downs of being an entrepreneur can force you to come up with money just to live. Over time, freelancers find their niche and customer base, making it easier to focus solely on… When Should an Entrepreneur Consider Getting Supplemental Income
Purpose gives people a sense of what really matters in their lives and drives them. It is a deep and personal understanding of what they aim to achieve and how their actions contribute to a… Ikigai Framework
The concept of self-organization emerged as a response to the limitations and inefficiencies of traditional hierarchical organizations. Organizations recognized the need for a more flexible and adaptive approach to harness the collective intelligence and creativity… The Holacracy Framework
Numerous things — from prices to the friendliness of sales associates — combine to determine people’s experiences when they shop in stores. But a store’s atmosphere is arguably the factor that affects all others. Here… Enhancing In-store Customer Experience Starts with the Atmosphere
The Triple Bottom Line (TBL) framework is an innovative approach in management that broadens the traditional reporting framework to include ecological and social performance in addition to financial performance. This model is particularly important in… Triple Bottom Line (TBL)
As organizations develop rapidly, recruitment becomes a new problem. Recruiting is failing to stay up, even though its reputation depends on its ability to quickly react to changing business demands. Thus, recruiting executives must be… Agile Talent Acquisition Strategy
Providing effective customer service necessitates comprehending how the customer’s mind works and what drives their choices or actions. Measuring and improving service quality is crucial for enhancing Customer Satisfaction, Customer Loyalty, and overall business success. … RATER Model
Decision Making in challenging situations isn’t easy. The decision on how to approach and respond to a problem varies depending on the circumstances. Decisions necessitate a tailored approach, which should help avoid making a fatal… The Cynefin Framework
Traditional organizational structures and management practices are characterized by a hierarchical model in which control and direction come from the top. These structures and practices have become obsolete and cannot adapt in response to volatile… The Viable System Model
Figuring out how to grow your company beyond where it is comes with challenges. You must juggle many different balls and improve everything from customer relations to processes to employee engagement. Enterprise resource planning (ERP)… How ERP Drives Growth in Business Development
HR leaders excel at Workforce Planning at the business unit level, but face obstacles when it comes to effectively integrating their insights. By understanding the complexities of how business unit input is incorporated into the… BU-driven Organizational Workforce Planning
Editor’s Note: This article provides a thorough introduction and overview to a 25-minute video case study of CompUSA’s Corporate Transformation process led by Robert H. Miles, former Harvard Business School professor and the world’s foremost… Rapidly Restoring Growth to Former Hi-Tech “Big Box” Retailer (CompUSA): The ACT (Accelerated Corporate Method