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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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The single most pressing challenge for an organization in this knowledge economy is attracting and retaining talented people. This can be a make or break challenge for the organization and warrants careful consideration during Strategic… Employee Onboarding 101: Starting on the Right Foot
Mediocre people occupying senior leadership positions is one of the chief reasons for the fiasco and humiliation that organizations like Enron and WorldCom faced. The practice of recruiting average people at the top is omnipresent… Executive Selection 101: Selecting a New CEO or Other Executive Level Role
A job consists of various critical elements that are essential to achieve enterprise outcomes—i.e., talent and behavioral requirements, role, and responsibilities. Jobs that are configured inadequately bread disputes, negative perceptions, inequality, and frustration. On the… How to Go about Implementing a Job Leveling Framework?
Inadequately structured jobs create disputes, negative perceptions, inequality, and frustration among employees. On the other hand, well-articulated jobs, appropriate distribution of work, justified authority levels, and correct estimation of value of individual jobs elevate employee… HR Strategy: 4 Benefits of Setting Up a Robust Job Leveling Framework
Organizations typically focus on Customer-centric Design in their Strategic Planning and overlook the critical driver of Performance, Growth, and Operational Excellence—their employees. With cut-throat competition now the norm the realization has become clearer that employees… Can We Transform Employee Engagement into a Competitive Advantage? Yes, Here’s How
Traditional Talent Management practices fail to meet the high-potential talent requirements imperative to compete in the digital world today. In fact, they disappoint the key talent available in the market. A 2016 Digital Business research… Digital Transformation: 2 Distinct Approaches to Talent Management
The Sustainability Performance of a firm can be viewed as a spectrum ranging from outstanding to inadequate. Firms rated as Sustainability Leaders are often proactive in addressing sustainability issues, exploring innovative solutions by mobilizing resources… What Separates Sustainability Leaders from Sustainability Laggards?
Enterprises worldwide face problems selecting, staffing, developing, compensating, motivating, and sustaining their key talent. Building a sustainable Talent pipeline is quite strenuous even for large multinationals. Replicating best practices from somewhere and applying them alone… Finding It Hard to Manage a Stable Talent Pipeline? Get Help from These 6 Pillars of Talent Management
VUCA relates to threats that people and enterprises often encounter. The acronym reflects the constant, dramatically-transforming, and unpredictable world. The concept originated in 1987, based on the theories of Warren Bennis and Burt Nanus. The… Is Your Organization Ready to Respond to VUCA (Volatile, Uncertain, Complex, Ambiguous) Threats?
No industry is safe from Disruption. Disruption can be born from a number of sources–e.g. new technology, regulatory changes, or a global pandemic, to name a few. In a 2017 PwC survey of 1,379 CEOs… Disruption Is Inevitable. How Do We Manage through Disruption?
One of the most popular Strategic Planning tool among executives is the SWOT analysis (or SWOT matrix). However, sometimes assessing the organization’s Strengths, Weaknesses, Opportunities, and Threats is not enough to set the direction for… The Strategic Goals Grid, an Alternative Framework to SWOT Analysis
Strategy and execution are the 2 critical elements that drive a business. However, leaders often struggle even with defining—let alone devising and executing—an effective strategy. Many of those who are responsible to deal with it fall… How to Differentiate Between General, Corporate, and Competitive Strategy?