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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Industries today are in a state of flux driven by volatile market forces. Although every company devises a strategy for creating long-term differentiation for goods and services, still various dynamics are emerging. Across industries, market… Strategy and Finance Alignment: The Key to Optimizing Target Operating Model
Leadership is the relationship between people who aspire to lead and those who choose whether or not to follow. Leadership hinges on the leader’s credibility which is difficult to build and easy to lose. CEOs… Taking the Road Less Traveled: Building Leadership Credibility
A major reason for employees leaving their workplaces is conflicts with their bosses. To succeed in today’s fiercely competitive market, organizations need to invest in developing their leadership, such that they further develop their teams… Need to Manage Conflict at the Workplace? Use the Thomas-Kilmann Conflict Mode Instrument (TKI)
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