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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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In the Digital Age today, most industries today in a state of flux driven by volatile market forces. These market changes are affecting how Finance needs to operate. Specifically, more than ever, Finance needs to… How and Why We Should Align Strategy and Finance
Technological innovation and intensifying competition are forcing leaders to rethink how they use Key Performance Indicators (KPIs) to manage and direct organizations. Digitization has reinforced the importance of Key Performance Indicators not only in enhancing… An Intro to Strategic Key Performance Indicators (KPIs): The KPI Virtuous Cycle
No free lunch was ever served quickly. Traditional supply chain cannot offer both low prices and fast delivery. Online retailing has changed. Before, we see e-commerce companies fulfilling consumer demand from a small number of… Delivery Not Keeping up with Consumers Demand? Put Agility in Your Supply Chain Network Design
Peter Drucker, one of the first managerial thinkers, introduced MBO or Management by Objectives. This eventually paved the way for the birth of the Objectives and Key Results (OKR) management philosophy. Andy Grove, known as… Objectives and Key Results (OKR): Your Management Strategy to Achieving That Goal
In today’s digital age, organizations are faced with the changing nature of the demand curve and the element of uncertainty in the supply chain. For operations teams, the challenge and competitive advantage have become: How… Digital Supply Chain Strategy: How to Counter Potential Disruptions in Today’s Digital Age
The amount of time the Board of Directors spend on their work and commit to strategy is rising. Directors say they dedicate more time now to their Board duties than ever before. In fact, since… Board Excellence 101: Your Guide to Building A Forward-looking Board
In a previous article I wrote (How Do We Understand the Growth Maturity of Our Organization?), we discussed the 5 dimensions of organizational maturity: 1. Age of the Organization 2. Size of the Organization 3.… At What Stage of Growth Is Your Organization?
Organizations, small and large, are undergoing Digital Transformation to evolve to “Digital Organizations.” Beyond just adopting emerging technologies into their front-end business models and back-end infrastructure, to become a true “Digital Organization,” they must also… What Digital Operating Model Should We Adopt?
Enterprises invest in Analytics to improve Decision Making and outcomes across the business. This is from Product Strategy and Innovation to Supply Chain Management, Customer Experience, and Risk Management. Yet, many executives are not yet… A Startling Fact about Analytics-driven Organizations
In the age of rapid technological progress, where Digital Transformation has become pervasive, business applications are getting increasingly complex and interconnected. The advancement in technology has also helped attackers get more aggressive and inflict more… The Key to Continuous Security Improvement? A Rugged Culture of Information Security
Human judgment can be unreliable as these are all susceptible to errors. In Strategy Development, organizations make a lot of strategic decisions. These strategic decisions share a common feature: they are evaluative judgments. In making… Stop Making Unreliable Human Judgments: The Science of Strategic Decision Making
Richard Branson, British business and philanthropist once said: “One day, offices will be a thing of the past.” While organizations still need to travel to reach their physical offices, the rapid changes in the world… When Physical Office Becomes Passe, Are We Ready for Virtual Teams?