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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Goal Setting used to be done in a conventional way. Managers hold one-on-one meetings with their subordinates to set goals. Performances are reviewed against objectives and these are linked to promotion and bonus decisions. The… When FAST Beats SMART: The Strategic Method to Goal Setting
There’s no doubt that each individual and every organisation are always desperately in need for creativity and innovation for self-improvement at the first place and to keep the cutting edge ahead of other rivals and… Creative Thinking at the Workplace (Obstacles and Solutions)
Cultural differences can be a barrier to communication. This could affect our organization’s ability to build connections and motivate people. While we may be excited with the opportunities that global connectedness has brought forth, yet… Conquering Cultural Differences through the 6 Dimensions of National Cultures
“The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.” – Alvin Toffler We all used to listen and read about learning… Learning to Unlearn and Relearn
To be a competitive in today’s digital age, it’s important to leverage the power of collective intelligence (CI). CI helps measure a group’s effectiveness on several tasks. The concept behind CI is that teams come… 5 Ways Collective Intelligence Helps Build Smart Teams
People often assume that conflict is always negative. This is not true! People are inherently different, and conflict simply happens when those differences come to light. Viewing conflict in this way can help us maximize… The Art of Conflict Resolution!
The rapidly evolving world necessitates organizations to change quickly to keep pace. Organizations that are able to manage change well flourish, whereas those that don’t risk disruption or closure. Managing Transformation varies greatly based on… Lewin 3-Step Change Model: A Simple Yet Effective Framework to Manage Change
The number of people working remotely has been increasing progressively across the globe. An employee benefits report narrates that around 60% companies in the US offer telecommuting opportunities. Telecommuting not only benefits people but also… What’s the Best Way to Manage and Communicate with Virtual Teams?
Inspiring breakthrough innovation in business models and solutions is becoming critical for organizations’ existence, as startups through their innovation have been consistently disrupting large organizations globally. To foster innovation, the key ingredient is creating an… Organizational Culture Re-defined: 5 Behaviors Critical to Creating an Innovation Culture
There isn’t one leadership approach that can guarantee success in every situation. Leadership necessitates an assortment of methodologies that leaders can use based on the circumstances—ranging from being self-centric to helping the humanity. In order… Leadership 2.0: 6 Leadership Mindsets Defined
The pace of digital disruption is putting even large corporations at risk of closure. Startups are using disruption to their benefit by embracing robust approaches and creating unique business models. This intense competition and disruption… The Principles and Implementation of Scaled Agile Framework (SAFe)
It is the ultimate question retailers should ask themselves. The answer should be “yes” at any given moment for at least their key products. Otherwise, customers whose expectations are growing nonstop will choose someone else… Are Your Prices Right?