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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Most of us know what TED is, and if you don’t, let me borrow what Wikipedia says about it. TED is an acronym, and stands for ‘Technology, Entertainment, and Design,’ and is a media organisation that… My “TED” Strategy for Success
At the pinnacle of the Industrial Revolution, not many organizations realized the complex subtleties of the Financial Capital. The organizations that were able to develop innovative methodologies to administer their financial capital outsmarted the rivals… Do You Realize the Value of Developing BeCoN (Behavior, Cognitive, Network) Capital in the Digital Age?
Decision making is the selection of a procedure to weigh alternatives and find a solution to a problem. There is no right or wrong way to making decisions. Yet, decisions can always affect organizations. It… Making the Right Decision: Is your Decision Making Style Giving You the Results You Want?
Organizational health matters more than we might expect. Top management teams that are serious about developing vibrant businesses must look inward and assess the organization’s health objectively. The most effective leadership behavior reflects the state… Organizational Health Matters More than We Expect. Is Your Organization Healthy?
According to a 2017 poll, an estimated 51 percent of U.S. consumers say they would refuse to do business with a company if they endured repeated poor customer service. To say this is an anomaly, however, would… 4 Best Practices for Outsourcing Customer Service & Increasing Revenue
Expanding into new markets presents lucrative opportunities, as well as risks. Potential threats in new territories include corporate corruption, malpractices, and fraud, which most firms have to face. Corruption and fraud cover a wide array… How to Counter Corporate Corruption and Fraud
New digital upstarts are threatening the bottom lines. Even growth prospects and traditional business models are now being threatened. Incumbents are receiving persistent demands from the market to innovate or be left behind. The service landscape… Service 4.0: The 21st Century Business Toolkit to Innovation
Leadership is the single most important human capital issue that organizations face. In fact, in today’s 21st century business, leadership has become a vital element for companies striving to achieve global competitiveness. However, while Leadership… Do You Have What It Takes to Be an Effective Leader?
While making critical decisions, not many strategists are conscious of the impact that cognitive biases have on business decisions. These biases are part of human behavior, and can be referred to as “systematic human tendencies… Building Blocks of Behavioral Strategy: How to De-Bias Your Decision Making Process
The Digital Era has brought on critical challenges for companies to meet new consumer demands for marketing. Digital Marketing is undergoing transformation at an astounding rate. There is a radical shift towards “on-demand” marketing, where… Marketing 2.0: How to Build On-demand Marketing Capabilities
Executing strategy the right way is not everyone’s business. The reported failure rates for strategy execution stand at 60% to 90%. A study of large organizations in eight industrialized countries by Bain and Company revealed… How Do You Establish a Strategic Management Office (SMO)?
Digital natives are threatening the way traditional organizations do business. The dated authoritative structures and imposing mindsets of the executives of traditional companies are in stark contrast to today’s technology-savvy startups and digital-native companies. Traditional… Being Disrupted by Digital Natives? Empower Small Teams Using Agile Techniques to Remain Competitive