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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Business environment has transformed drastically from what it was a century ago. It has become immensely challenging due to competition, disruptive technologies, laws, and globalization. These challenges warrant better performance to address customer needs and… Smart Organizational Design Approach vs. Traditional Organization Design Approaches
Gordon Moore, Intel co-founder, observed that the number of transistors in a dense integrated circuit doubles about every two years. He projected that this rate of growth would continue for at least another decade. His… First Law of Digital Transformation: 3 Core Elements to Manage Digital Change
The huge benefits and insights derived from Big Data and Analytics is now accepted broadly across all industries. Analytics-driven decision making extends beyond corporate business decisions down to even tactical decisions in sports. As such,… Putting the Analytics Transformation into Our Digital Transformation
Digitization helps boost revenue, enhance customer loyalty, and reduce costs. Top digital companies not only improve customer journeys, they consistently revisit and streamline them. A rigorous approach to Digital Transformation, referred to as the “Digital… 5 Imperatives for Developing a Digital Factory Culture
Transformation programs targeted towards boosting organizational performance have been prevalent for quite a while now. But, such initiatives aren’t easy to manage. The foremost challenge for the senior leadership is to motivate people to modify… Do You Know How To Utilize Insights From Human Psychology in Managing Change?
“The only thing that is constant is Change.” – Heraclitus An epidemic of change is happening globally–reengineering, restructuring, and revamping! Workplaces seem to be launching one change initiative after another. Digital Transformation is happening everywhere. Yet,… How to Use Leavitt’s Diamond to Achieve Change
Mergers and Acquisitions (M&A) are unique and complex endeavors. These initiatives demand tailored solutions keeping in view the varying environments, ways of doing business, culture of the two combining organizations, and internal and external forces… Conducting PMI? Here Are the Critical 8 Decision Levers to Evaluate
Changing the behaviors of people is the foremost issue with every transformation initiative. Nudge theory is a novel Change Management model that underscores the importance of understanding the way people think, act, and decide. The… Nudge Theory: Key Challenges to Consider
Most Transformation initiatives fail to achieve their anticipated objectives. Change Management is all about engaging and rallying people at all levels in the organization make the transition and sustain that change. It is critical to… The 8 Most Critical Levers to Managing and Sustaining Change
Recently, I was asked in an interview, why change was hard. I thought maybe this was a trick question: everybody knows that change is hard. Surely–it’s intuitive, as a leader, you can feel it in… Change Is Hard, Get over It
There are plenty of statistics indicating that a high number of change initiatives fail. Any organization can turn those statistics on their head by doing one thing; USING their measures. Not just creating them; using them. When you use… Using Measures to Get the Most out of Your Change Initiative
This is probably going to sound silly but indulge me for a couple of minutes. Whether you are interested in change adoption at an individual or at an organizational level, awareness is one of the first things,… Change Adoption Takes Awareness, and That’s Not Easy