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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Managing innovation is an important process only a few organization can master very well. It is because the innovation process is not fully understood or implemented and the innovation culture is still immature. While Innovation… The 7 Fundamentals of Innovation: Your Guidepost to Doing Innovation Better than the Rest
When organizations go into Mergers & Acquisitions (M&A), its future operating state changes. A fundamental question will arise as to what the Target Operating Model (TOM) of the resultant organization will look like. What is… Redefining the Imperative in Mergers and Acquisitions – The Target Operating Model
Forming a team takes time. Companies cannot expect a new team to perform well when it first comes together. Members often go through stages as they change from being a collection of strangers to a… Need to Have High-Performing Teams? Master the Stages of Team Development
Our well being nowadays does not depend only on the acquisitions, the achievements and the positions we attain, but it will also depend on our level of resilience and our capacity to rise again when… 5 Tips to Develop Resilience
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