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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Management is not a function nor a blend of functions. It is a practice best understood by means of experience that are set in context. All levels of education divide subject matter into definite categories,… 7 Principles of Management Education
Feedback is a vital component of a successful, growing business. Without evaluation, constructive criticism, and positive reinforcement, a business will remain stagnant, missing out on learning opportunities and doing better. There is a stigma surrounding… A Framework for Constructive Co-Worker Feedback
Organizations have, in recent times, become more aware of the worth of regulating their Organizational Knowledge. Extensive studies in academia have been conducted on the subject, because of its importance. Organizations learn with time and… 4 Forms of Organizational Forgetting
A traditional Value Chain involves a linear sequence of activities—from conversion of raw materials into components which are assembled into products. The products are then distributed, marketed, sold, and serviced. Management plans and execute strategies… Value Grid Analysis
Most large organizations, nowadays, are determined to foster change and become agile. Transforming into a learning organization is what they aspire to become. To this end, they are reforming their structures, facilitating shared services operations,… Best Practices Transfer Program: Its Significance in Driving Productivity and Becoming a Learning Organization
How do people make decisions? Do they always follow a rational linear process to come to a conclusion? Studies have suggested that the traditional Decision Making model—commonly known as the Rational Decision Making Model—does not… 3 Decision Making Models of Human Decision Making Process
Staying ahead of the curve in the retail sector is nothing short of an ordeal. A fundamental element in beating competition entails developing capabilities critical for the future. To this end, it is critical for… Retail Strategy: Directing IT Investments in the Right Areas
Inaccurate or deceptive messages are detrimental for an organization. Business leaders often grumble about these cognitive perversions that kill the essence of harmony and cohesion, where everybody seems to be deceiving one another. Such organizational… How Do We Combat Deceptive Corporate Communication?
In today’s global economy, the leading driver behind its growth is Innovation. Yet, it is the least understood. Throughout the last century, captains of industries learned to master the process of production to such extent… When Being Different Becomes the Game Plan: Let The Innovation Process Keep You on Track
Most organizations aren’t ready to deliver great Customer Experiences across all channels. Many of them have invested heavily in conventional methods of doing business, backed by in person or over-the-phone customer experience. This has led… Customer Experience (CX) Pyramid
Information rules the world in the 21st century. The huge flows of data from different sides require us to adapt and make the research an integral aspect of our lives as it helps us to… How Research Skills Are Helpful at Work
Maintaining positive human relations should be the aspiration of every human being because it helps us thrive as individuals and as a group. At work, productivity and operational flow benefit from a compact team in… Workplace Intolerance as a Social Issue and How to Overcome It