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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Whether the focus is a strategy, operations, tax, finance, HR, or IT, management consulting firms have become a staple of corporate life. From defining strategic directions to simply serving as an additional pair of hands… Consulting Workshop Series 101: Tools to Generating Effective and Innovative Ideas
Understanding others has a lot to do with collaboration, performance management, and building effective teams. Developed by Taibi Kahler in the 1970s, Process Communication Model (PCM) is a prominent psychometric tool for individual and team… Process Communication Model (PCM): Personality Types
The concept of Core Competence was first introduced by C. K. Prahalad and Gary Hamel in 1990, in their article The Core Competence of the Corporation. Since then, this term has become part of the… What Qualifies As a Core Competence?
The Telecommunications (Telecom) industry is a dynamic and essential sector, driving connectivity and communication across the globe. This industry encompasses various services, including voice, data, and video transmission, and is fundamental to the functioning of… Telecommunications Industry Value Chain: Deep Dive
Most organizations struggle with Strategy execution. In fact, numerous studies from top consulting firms (including McKinsey, Bain, BCG) and Harvard Business Review have shown approximately 70% of strategies fail due to poor execution. Furthermore, organizations… Strategic Management Done Right: Set up a Strategic Management Office (SMO)
Effective presentations are an indispensable element of effective professional communication in today’s world. A well-designed and well-delivered presentation can aid in transmitting ideas and messages more efficiently. Effectively presented content facilitates the achievement of objectives… 4 Ps of Effective Presentations
Unsuccessful software applications cost organizations significant efforts and resources. The reasons for these failed ventures are often attributed to technology issues. However, the real issue is flaws in business processes—the enterprise application deployment environment and… Business Process Maturity Model (BPMM) Explained
With the advancement in technology, the usual emphasis on cost, growth, and control has been replaced by a laser focus on Innovation, Customer Service, Quality, and Employee Empowerment. Obsolete business processes, disjointed organizations, fragmented work… 7 Principles of Business Process Reengineering (BPR)
Managing any organization can be described as a constant stream of problems that need to be managed and solved. However, oftentimes, people like to immediately implement solutions without having spent the time and effort to… 5 Elements of a Problem Statement
The Semiconductor industry is a cornerstone of modern technology, driving advancements in various sectors such as consumer electronics, automotive, telecommunications, and industrial applications. Semiconductors are the fundamental building blocks of electronic devices, enabling the functionality… Semiconductor Industry Value Chain: Deep Dive
The Retail industry is a vibrant and ever-evolving sector, characterized by its direct interaction with consumers and its critical role in the global economy. This industry encompasses a wide array of segments, including fashion, electronics,… Retail Industry Value Chain: Deep Dive
The Renewable Energy industry is spearheading the global transition towards sustainable power, encompassing a diverse array of technologies such as solar, wind, hydroelectric, and bioenergy. This sector is experiencing rapid growth, driven by increasing environmental… Renewable Energy Industry Value Chain: Deep Dive