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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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“The only thing that is constant is Change.” – Heraclitus An epidemic of change is happening globally–reengineering, restructuring, and revamping! Workplaces seem to be launching one change initiative after another. Digital Transformation is happening everywhere. Yet,… How to Use Leavitt’s Diamond to Achieve Change
Businesses are getting increasingly complex and so are customers’ expectations. Digital organizations are digitizing their critical Customer Journeys at scale to outperform competition. These organizations are using Digitization to create streamlined journeys, which result in… What Should Constitute Your Omni-channel Customer Journey Design?
Almost every business, manufacturing, or industrial process today happens with the help of machines. Therefore, one of the reasons why organizations adopt any maintenance strategy is to minimize unplanned downtime and improve asset availability. Total… 5 Total Productive Maintenance Implementation Mistakes and How to Avoid Them
More than half of workers in the U.S say they’re stressed out about their financial wellness despite a strong economy. Money is a necessity, and employees need to have enough to pay for the essentials… The Impact of Employee Financial Wellness on Your Company
Companies often know where they want to go when it comes to Strategy Development. Companies want to be more agile, quicker to react, and more effective. They want to deliver great customer experience, take advantage… Advancing Digital Transformation in the Highest Form: The Next-gen Operating Model
Disruptive technologies are helping companies automate work. Robotic Process Automation and Artificial Intelligence are taking up jobs which were in the past earmarked only for smart humans. Driver-less cars, automated check-in kiosks at airports, and… Where Will We Feel the Greatest Impact of Robotic Process Automation (RPA)?
Lean Management plays a significant role in putting in place processes, capabilities, and tools to improve how businesses operate. But, the Digital Age has increased both the opportunities for businesses who know how to react… Making it Right the First Time: The Road to Operating Model Transformation
A company can have a team of skilled, talented, and educated professionals where each team member has relevant training and experience, a good attitude, and a solid work ethic. Members of the team get along… Having Productivity Issues? Learn the Basics of Workplace Productivity
Business Process Reengineering (BPR) is a practice of rethinking and redesigning the way work is done to better support an organization’s mission and reduce costs. In all too many companies, reengineering has been not only a… Business Process Reengineering (BPR): Are We Succeeding or Failing?
The use of the Internet and other online tools have turned consumers to be more empowered and are now shopping differently. Customers are becoming more demanding and accustomed to getting what they want. With greater… Customer-centric Culture: An Imperative in Today’s Age of the Customer
The Data Analytics Revolution is here. It is transforming how companies organize, operate, manage talent, and create value. In fact, advanced data analytics is now a quintessential business matter. It is important for CEOs and… When Data is Not Enough: The Need to Understand Purpose-driven Analytics
In the era of the Fourth Industrial Revolution, we are approaching the age of automation. Together with this is the impending penetration of digital technology into the labor force which can threaten to destabilize crucial… The Age of Digital Transformation Is Unstoppable: Why the Need for Workforce Digitization