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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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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?
In these challenging times, it’s no longer enough to target a few, select purchasers and develop products for that clientele. The key ingredient that most leaders overlook while serving their clients is a thoughtful and… 10 Principles or Key Ingredients of a Thoughtful Customer Strategy
The use of behavioral competencies in appraising the skills and potential of leaders is a norm in organizations large and small. The competency models are omnipresent owing to several reasons—a shared vocabulary to convey the… What Are the Requisite Leadership Competencies (and Leadership Potentials) of an Effective Leader?
Business Transformation initiatives are complex undertakings that aren’t easy to manage. In fact, data suggests most transformation efforts globally to have ended up in failure. That’s predominantly because organizations find it challenging to make their people… Change Management: A Glimpse into the “Influence Model”
Visualization is not about lying on the grass and imagining your dreams coming true. It is not about dreaming neither or creating vague mental thoughts to escape from reality. Visualization is a conscious act with… 5 Benefits of Visualization
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