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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Segmentation. Everyone’s doing it, but are you doing it right? Although segmentation should help target the right customers, it does not always bring the intended value. Inappropriately or incorrectly defined segments may lead management… An Introduction to Market and Customer Segmentation
First, let’s define Value Proposition. Here’s what Wikipedia has to say: A value proposition is a promise of value to be delivered and acknowledged. Creating a value proposition is a part of business strategy. Kaplan and… How Compelling Is Your Value Proposition?
In managing and improving the operations of your warehouse, consider Lean initiatives to eliminate all waste and bring value to your customers beyond their expectations. Here are 13 principles to follow. 1. Communicate effectively and… Follow These 13 Lean Principles to Eliminate Waste in the Warehouse
The emergence of total quality management (TQM) has been one of the major developments in management practice. The recognition of TQM as a competitive advantage is wide spread around the world and today, very few… TQM: A Need for Speed of Innovation
Editor’s Note: The author Curtis Chocholous, a seasoned executive and Lean Six Sigma Black Belt, has written a whitepaper on The 80/20 Law of Leadership, which is available for free on Flevy here. This whitepaper is… Leaders Clarify Priorities and Keep People Focused
Here is a comprehensive list of warehouse cost savings ideas, categorized by 6 core areas: Labor, Operations, Equipment Usage Optimization, Technology, and Facilities Management. Labor Invest in training/re-certification Cross-train all employees Focus on retention/implement retention… Complete List of Warehouse Cost Savings Initiatives
Editor’s Note: Editor’s Note: Ron Leeman is a world-recognized Change Manager and author of several Change, Process, and Project training guides on Flevy. You can also learn more about Ron and his approach to Change in our interview with… The Agony and the Ecstacy of a Change Manager
Editor’s Note: The author Curtis Chocholous, a seasoned executive and Lean Six Sigma Black Belt, has written a whitepaper on The 80/20 Law of Leadership, which is available for free on Flevy here. This whitepaper is… Leadership Fitness
Editor’s Note: The author Curtis Chocholous, a seasoned executive and Lean Six Sigma Black Belt, has written a whitepaper on The 80/20 Law of Leadership, which is available for free on Flevy here. This whitepaper is… Five Powerful Leadership Action Verbs
Editor’s Note: This article is an excerpt from the full How to Create Leadership Pull for Operational Excellence whitepaper, available for free download from Flevy here. * * * * Several times a year, over the last decade,… How Do We Create Leadership Pull for Operational Excellence?
Editor’s Note: This article is an excerpt from the full Integrated Strategy Execution (ISE) Executive Briefing report, available for free download from Flevy here. * * * * Is poor execution inevitable? The short answer… How to Build a World Class Strategy Execution
Editor’s Note: The author Curtis Chocholous, a seasoned executive and Lean Six Sigma Black Belt, has written a whitepaper on The 80/20 Law of Leadership, which is available for free on Flevy here. This whitepaper is… Three Leadership Traps to Avoid