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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Too many businesses, young or old, struggle or fail because they never understand that you have to practice, practice, practice, then get in the ring and fight as if your life depended on it! Business… Business Is a Contact Sport
The ability to create and/or utilize an existing Competitive Advantage to target an enhanced market share, in addition to an organization’s inherent internal capabilities, is more often dependent and determined by the scope, growth, and vitality of… Competitive Advantage as a Market Share Strategy
People and their managers are working so hard to be sure things are done right, that they hardly have time to decide if they are doing the right things. – Stephen R. Covey Strategy is an… Strategy Development and Deployment with Hoshin Planning
Gone are the days of incremental changes, whether on the micro or macro level, in sector reforms or a business plan of an SME project. In the globalization era, the business environment everywhere has turned… Why a Quantum-Leap Strategy for Emerging Countries?
I am hearing a lot about emergence of the new revolution of artificial intelligence, and that it will be exponential in comparison to the industrial revolution etc., but I am still hearing things like the… Can Artificial Intelligence (Machines) Be Also Creative?
Although Strategic Planning requires alignment of a multitude of separate and critical organizational areas, a major part of any Strategic Plan is a sound, competitive strategic sales strategy with appropriate and effective goals and related action-step /… A Strategic Competitive Advantage also Requires a Competitive Strategic Sales Strategy
Balanced Scorecards tell you the knowledge, skills and systems that your employees will need (learning and growth) to innovate and build the right strategic capabilities and efficiencies (internal processes) that deliver specific value to the… What Are Balanced Scorecards?
Sharpen your Competitive Edge by Eliminating Non-Value-Added Activities in your Organization. Recession or boom, companies need to sharpen their competitive edge by applying Lean Management principles to cost reduction – that is, the elimination of… Dump the Waste!
The question I am asked most often by business owners and students is “how can Lean Six Sigma improve business?” My answer is very simple and always the same–find the constraints… find the money. What… Find the Constraint… Find the Money
So now to tackle another much debated change subject–that so-called 70% failure rate. How many times have we seen LinkedIn posts and discussions talking about this subject? As many as Change Management Methodologies, Project Management vs Change… 70% of Change Management Initiatives Fail–REALLY?
Are you currently a licensee (manufacturer) or licensor (brand owner) or contemplating entering alicensing arrangement? If so, you may have been weighing the business impact and exposure inherent in the definitions, requirements and terms stipulated in the licensing contract. If… Business Pitfalls to Avoid before Signing a Licensing Agreement
Just as a “starter for 10,” when you type in “Change Management” as a search string into Google, you get in excess of 2 million hits. I have published many of my previous articles, because… Is the Term Change Management Still Relevant?