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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Organizations across all industries are undertaking “digital transformation” projects. But, what exactly is it? And, are they doing it right? At it’s core, Digital Transformation is driven by the tangible shift in the role of… What Is Digital Transformation?
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… How Leaders Manage Less and Achieve More
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… 3 Questions Extraordinary Leaders Answer Correctly
Kaizen (or commonly referred to as Value-Add Kaizen) is a problem solving tool used for process improvement by identifying if an activity (which is part of a process flow) is Value Add (VA) or Non-Value… Using the Lean Kaizen Method to Unlock Great Potential
Customer care or service quality or quality of service seems to be a fallacy nowadays. The truth that some of us tend to forget sometimes is that we are all customers and we are all… When You Care Enough to Give Your Best
Meditation is the ancient-latest trendy buzzword making the rounds, and even those who wouldn’t give the concept a second thought a few years ago are now practicing on a regular basis. Some folks have been… Stress Management and Meditation in Corporate Culture: Key Components of Success and Work-Life Integration
Based on research with almost 200,000 consumers across 40 countries, the ad agency Young & Rubicam developed a Brand Value framework called the Brand Asset Valuator (BAV). BAV is based on one of the most extensive research… Brand Strategy 101. How Can You Make Your Brand Stronger?
We all like to talk about strategy. It’s cool to do so. But in order to craft a great strategy, it’s crucial to understand the underlying business strategy principles. All too often, people who talk… 5 Misconceptions about Business Strategy
This is a compelling video of an hour long lecture conducted by Charles Intrieri. Charles is a very senior subject matter expert on Lean, Supply Chain/Logistics/Distribution, and Manufacturing, with several decades worth of experience under… [Video] Why Does Lean Fail in an Organization?
Every year you are asked to assess the previous year’s business performance and update your strategies to meet the needs of a changing environment, including new opportunities and emerging opposition to your business’ efforts. You… 7 Steps to Produce a Strategy-on-a-Page (SoaP)
Across our six locations, our physical inventory variance was zero and we’re proud of it. This tells you exactly nothing. A Tale of Jack and the Pride of It All… Jack is the owner of… Inventory Variances: Does the Net Tell the Truth?
The question is: How can we continuously improve daily, and sustain a Lean culture and behavior? Look to your people, the best resource you have. These people touch every part of daily operations through a… Teamwork, Huddles, and Competition: Sustaining Lean Culture and Initiatives using Managing for Daily Improvement (MDI)