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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Business Process Reengineering (BPR) can be a great success but it can also be a great failure. After months or years of careful redesign, organizations can achieve dramatic improvements in individual processes. However, a paradoxical… Business Process Reengineering (BPR) Implementation Guidelines: Preventing the Risk of Failure
Digitization helps boost revenue, enhance customer loyalty, and reduce costs. Top digital companies not only improve customer journeys, they consistently revisit and streamline them. A rigorous approach to Digital Transformation, referred to as the “Digital… 5 Imperatives for Developing a Digital Factory Culture
Many large corporations depend on M&A for growth and executives can boost the value that deals create. But poorly executed M&A can saddle investors with weak returns on capital for details. In fact, the margin… Modernize Your Board’s Role in M&A and Achieve the Greatest Deals
Transformation programs targeted towards boosting organizational performance have been prevalent for quite a while now. But, such initiatives aren’t easy to manage. The foremost challenge for the senior leadership is to motivate people to modify… Do You Know How To Utilize Insights From Human Psychology in Managing Change?
When things go wrong on a grand scale, often we direct our attention to the role of the Board. Debate exudes and often gets heated up and intensifies. This often happens when the Board spends… The 4 Tactics our Board Should Adopt for a Long-term, Strategic Mindset
The pressure on Boards and Directors to raise their game has remained acute. A survey of more than 770 directors from public and private companies across the industries around the world suggested that some are… How to Achieve Board Excellence? Have A High Impact, Strategic Board
“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)?