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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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There are several terms not so pleasant to our ears that seem to dominate the news lately, terms like sequestration, spending cuts and most of all – austerity. The abundance of these subtractive terms in… Managing in Times of Austerity: 5 Rules of Thumb
About 48 million people (1 in 6 Americans) get sick, 128,000 are hospitalized, and 3,000 die each year from foodborne diseases, according to recent data from the Centers for Disease Control and Prevention. This is… The FDA Food Safety Modernization Act (FSMA) Affects the Entire Food Supply Chain
It’s a common business problem faced by any size company, big and small. The situation is you’ve developed a brilliant product. Compared to the incumbent or existing way of doing things, your product is more… Why People Won’t Buy Your Product Even Though It’s Awesome
Inaccurate inventory leads to loss of sales, poor customer experience, and may indicate a more drastic issue of retail theft. Inventory Records Accuracy (IRA) is an area most business people take for granted. Daily Cycle Counting… Avoid the Mistake of Taking Inventory Accuracy for Granted
Business professional and business firm alike, many are exploring new, sustainable sources of income. And, for many, this exploration has led them online to Flevy, the marketplace for premium business documents. In recent months, we… Consultants and Consultancies Are Going Online for New Sources of Income
We usually divide Planning into three analytical levels with a strong military flavor: Operational, Tactical and Strategic (a clear example of a classical proverb that in the Military everything consists of three parts ). Despite… Applying Military Concepts to Business Planning: Operational vs. Tactical vs. Strategic
This month marks the 70th anniversary of the last major U-boat “wolf pack” battle in the North Atlantic of World War II. Both sides realised the strategic importance of dominating the sea lanes between America… What Would You Do to Protect your Business?
It’s (relatively) easy to come up with a corporate vision, with a mission statement, with a set of strategies. But, when it comes to the execution of that vision and strategy, things become much more… Perform Strategic Management Right with a Balanced Scorecard
Blue Ocean Strategy is growth strategy framework focused on the idea of creating an uncontested market space–i.e. a “blue ocean.” This framework is very innovative, as its principles challenge the conventional business strategy principles of fighting… The Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy
Business Consulting Buzz recently surveyed 10,000 independent consultants, asking them how they market their consulting services. Interesting, insightful questions include: Which marketing channels have made you the most money? What is your annual income? How… The Economics of Consulting – Which Marketing Channels Work Best? [INFOGRAPHIC]
I have consulted with people from every aspect of life. I have counseled kids going to college, individuals in life or career transition, moms changing roles from being a mom to being herself. With each… The Next Great Chapter: Life after Retirement of a Senior Leader
Forming a relationship or partnership with a Third Party Logistics (3PL) company is an important decision. When visiting the 3PL’s facilities for the first time, it is important to come prepared. Be prepared to ask… Meeting a 3PL Provider for the First Time? Be Prepared