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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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A journey of a thousand miles must begin with the first step. – Lao Tzu, a famous Chinese philosopher Around the world, more and more organizations have started to adopt Lean principles and practices to… Improving Office Productivity with 5S Principles
The Increasing Role of Compliance Finance plays a critical role for society at large, serving individuals, families, businesses, governments, and civic institutions. The Financial Services industry performs indispensable functions such as enabling saving and investment,… Achieving Sustainability and Responsibility through Stakeholder Engagement: The Financial Services Case
Here at Forward View, we spend a lot of time asking ourselves, “What’s next?” and “How can small businesses succeed in the coming months and years?” We use these thought exercises to develop The Forward… The 21st Century Small Business
In an earlier article published on Flevy, we discussed the immense benefits to be gained from maximizing employee productivity and increasing retention. In this article, we’ll look at how the changes in performance may be achieved.… Getting Maximum Performance from Your Staff
In the book Talent is Overrated, Fortune Magazine editor, Geoff Colvin highlights recent studies that show that greatness can be developed by any man, in any field, through the process of deliberate practice. How does… What Is Deliberate Practice?
For most businesses, their biggest expense is their wages bill. Surely, then, you should do whatever it takes to get the maximum value out of this investment, shouldn’t you? Yet, most HR Departments don’t do… HR’s Crucial Role in Creating Wildly Profitable Organizations
A recent Wall Street Journal article entitled “How To Tell If You Are a Jerk in the Office” (C-Suite Strategies, Journal Report, February 23, 2015) highlights the importance of feedback for executives. Not only are… How to Drive Elite C-Suite Performance
Of course you know business model innovation. It’s common practice among innovators. A lot of markets have been disrupted by new business models, often initiated by start-ups and new entrants: Airbnb disrupts the market for accommodation… A New Approach to Business-Model Innovation
The digital transformations, occurring across all sectors of activities, are truly changing the way we live and work. Information is now the most precious natural resource we have and the ability to mine it, refine… Megatrends in Digital Transformations and New Ecosystems
This is a very big industry that is becoming more main stream. The industry consolidation bandwagon is starting, so like the Gartner Hype Cycle predicts, its only a matter of time before there is wholesale buy-ups of niche Environmental Consulting… Environmental Consulting as a Revenue Line for Professional Services Firms
I have been to the beautiful Canary Wharf of London million times with the DLR (the automated Docklands Light Railway) or walking there from Greenwich Village. Still, every time I go I discover new angles… Significance of the Explorer’s Mindset for Breakthrough
A joint-venture is a business agreement between two (or more) parties to create a new entity, with new assets, resources and management control. The goal of the new entity is the same one as all… Joint Ventures to Grow Revenues, Reduce Costs, and Mitigate Risk