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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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According to Charles Coonradt, a Management Consultant, “The failure to give appropriate and timely feedback is the most extreme cruelty that we can inflict on any human being.” The feedback project can be stressful. Many… Learning the SKS Model and IL/IW/WI Model to Giving Effective Feedback
Operating a Matrix Organization can be a challenging task. Complex geographical structures, cultural barriers, functional divides, conflicting barriers, and management silos abound. Matrices are often necessary though this may create uncomfortable ambiguity for employees. Most employees… The Power of Matrix Management 2.0 – Gaining Market Leadership
Major, uncertain shifts in the organization’s environment call for a resilient strategy that will keep the organization either afloat or, better still, ahead of the game. We need a tool that will test the flexibility… Scenario Planning for Consultants – Strategizing The Uncertainties
Brainstorming can be a challenge. It can be confusing when not done right. But it can be an effective tool when effectively managed. Mastering the brainstorming technique sets consultants apart. Brainstorming techniques can enable effective… Be One Step Ahead of the Game! Master the Consulting Framework to Brainstorming
Creative ideas—such as Innovation, Process Improvement initiatives, or Growth Strategy opportunities—drive businesses. It’s every executive’s dream to manage a team that is creative enough to come up with innovative ideas perpetually. Traditional brainstorming is the… Brainstorming Redefined: 7 Steps to Questions-based Brainstorming
To succeed in a market or industry, organizations need to objectively analyze the underlying forces, attractiveness, and other success factors. They often seek outsiders’ assistance to bring fresh perspective, insights, and recommendations. The external contractors… A Quick Look at the Structured Approach to Industry Analysis
One of the major necessities of this information age involves developing leadership that is capable of guiding organizations through challenging times. A vast majority of executives at most organizations are exceptional in handling routine operations;… Are Your Leaders Cognizant of the 10 Principles of Strategic Leadership?
With the advent of the Internet of Things (IoT), competition has become a different ball game. IoT will soon become a differentiating factor in competition. In fact, IoT is one of the driving emerging technologies… Taking the Position of Advantage in the Internet of Things (IoT) – Its Opportunities and Challenges
Recent McKinsey research results showed that many companies today are in a nearly permanent state of organizational influx. Within the past 2 years, almost 60% of the companies interviewed experienced a redesign while an additional… The 9 Principles of Organizational Design: When Re-designing Becomes a Strategic Priority
The Matrix Organizational structure has a great influence on Project Management. The Matrix has evolved to fill the need of an organization to deal with great project size and complexity. This has increased organizational complexity.… Learning to Unlock the Complexities of a Matrix Organization
At the heart of the operation of the Matrix Organization is the “Balance of Power” between the Project Manager and Functional Management. Yet, even if there is Balance of Power, the question as to who… Unravelling the Balance of Power in a Matrix Organization
Resource Utilization and Productivity is the 21st century Business Strategic Model. Resource Revolution represents the biggest business opportunity in the century. However, to be successful, this calls for application of new approaches by Management. Companies… Getting Ready for the 21st Century Resource Revolution: Are We Ready?