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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Understanding others has a lot to do with collaboration, performance management, and building effective teams. Developed by Taibi Kahler in the 1970s, Process Communication Model (PCM) is a prominent psychometric tool for individual and team… Process Communication Model (PCM): Personality Types
Decision Making in challenging situations isn’t easy. The decision on how to approach and respond to a problem varies depending on the circumstances. Decisions necessitate a tailored approach, which should help avoid making a fatal… The Cynefin Framework
The Chief Financial Officer (CFO) role has traditionally been a custodian of financial acumen, integrity and shareholder value—selecting indicators to measure organizational growth and ensuring value. Inflation, stricter regulations and governance requirements have caused the… The Strategic CFO
When new technologies and competitors disrupt markets, numerous existing organizations struggle to remain competitive. Situations like these encourage some organizations to partner with others. Fruitful partnerships comprise of having the appropriate people, processes, and organizational… Integrative Innovation Management
The introduction of emerging, digital technologies has ushered in the Fourth Industrial Revolution. To keep the competitive advantage in this era of Digital Transformation, leveraging contemporary technology is an absolute necessity. Using cutting-edge technology means… 11 Pillars of Quality 4.0 Framework
Virtual Work has become a norm nowadays. To enable Virtual Work, organizations should strive to develop an Organizational Culture of writing things down. Documenting everything—from meeting notes to quarterly objectives—facilitates in developing stronger, informed, and… Working Remotely? Follow These 9 Communication Tactics Vital to Enable a Virtual Workplace Culture
Scalability describes possible meaningful changes in magnitude or capacity. In business terms, it’s the capability of a system to enhance productivity upon resource augmentation. Scalability provides an organization the capabilities to develop compelling value propositions—that… Business Model Innovation: How to Create Scalable Business Models?
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
People often assume that conflict is always negative. This is not true! People are inherently different, and conflict simply happens when those differences come to light. Viewing conflict in this way can help us maximize… The Art of Conflict Resolution!
Inspiring breakthrough innovation in business models and solutions is becoming critical for organizations’ existence, as startups through their innovation have been consistently disrupting large organizations globally. To foster innovation, the key ingredient is creating an… Organizational Culture Re-defined: 5 Behaviors Critical to Creating an Innovation Culture
Forging collaboration among persons, teams, and organizations can sometimes be a perfect storm. Often, we expect that members who oppose each other will just blend in when working together on their most crucial and difficult… When Conventional Collaboration Is Not an Option, the Experts Use Stretch Collaboration
When you enable employees to collaborate freely, you set the stage for business growth. Many people don’t feel like their employer facilitates collaboration, however—in a worldwide survey on workplace communication conducted by Queen’s University, 39… 4 Strategies to Increase Workplace Collaboration