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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Editor’s Note: The author, Dwight Mihalicz, is a subject expert matter on effective management and hosting a free webinar for Flevy’s audience on Empowerment 4.0. The focus of Empowerment 4.0 is to help managers of managers… Boost Employee Engagement – Solutions That Work!
Most Product Managers have relatively narrow roles and decision rights on product portfolios are fragmented on various functions. This creates incoherence between a company’s product and its overall Corporate Strategy. What is needed is more… When Competition Starts with an S: Step-up Using the Strong-form Product Management Model
This is probably going to sound silly but indulge me for a couple of minutes. Whether you are interested in change adoption at an individual or at an organizational level, awareness is one of the first things,… Change Adoption Takes Awareness, and That’s Not Easy
Almost every retailer regardless of industry, be it apparel, grocery, or electronics has a list of products which do not have exact matches in the market. These items are unique like private labels or new… Mission Possible: The Right Prices for Similar Products or up to 30% of Your Assortment
Enterprise Asset Management (EAM) can bring significant benefits to our company. It can translate to cost savings, operational efficiency, increased asset reliability, longer asset life, and increased safety. Implementing EAM however is a highly complex… Getting Ready for Enterprise Asset Management (EAM) Implementation
Family Capital is a true differentiator between family-owned businesses and companies with a fragmented shareholder base. Family Capital expresses itself as the organization’s culture, ethos, and network. While hard measures liking it to performance are… The Key to Strengthening Family Business: The 4 Components of Family Capital
“One picture is worth a thousand words.” How can sponsors and change practitioners create a picture of sponsorship? The sponsor holds a critical role in every change initiative. There is ample research that shows the… What Does Your Sponsorship Curve Look Like?
Companies in asset-intensive industries have long sought to manage huge investments in assets more effectively. Yet, after a significant investment of time and money in formal asset management programs, this often falls short of delivering… Enterprise Asset Management (EAM) Strategy: The Road to Managing Huge Investments in Assets
Family Businesses need to change and develop new strategies if they are to remain healthy and financially viable. The dynamic external environment, driven by increasing competitive markets, make it difficult for companies to maintain the… Family Business: Strategic Planning at its Core
Every firm will eventually reach the point when it has to professionalize the way it operates. This is done by instituting more rigorous processes, establishing clear governance, and recruiting skills from outside. Family Business is… Professionalizing the Family Business: Getting Ready
Every change practitioner I know struggles with integrating their work into a project at some point. And I know a lot of project managers have been challenged with how to integrate the two disciplines as… Integrating Change and Project Management
The advantages of Smart Customization are more visible in the manufacturing industry—owing to fairly speedy cash recoveries when factory costs are aligned to customer value. It is becoming an integral pillar to Product Strategy in… Product Strategy: The Advantages Smart Customization Offers