Disruptive change has put a tremendous strain on organizations and their IT departments. The capabilities of the IT talent is declining due to inadequate technical education and aging workforce. Legacy systems and diverse IT applications are frequent across most organizations. Mergers and Acquisitions have become a norm, pushing vendors to form alliances. Mobile devices, tablets, […]
Tag Archives | competitive advantage
Global Innovation Management
Contemporary vibrant and contracting world demands using a wider approach to Innovation and Innovation Management. The customary approach’s reduced efficacy is due to the uncomplicated accessibility to exceptional knowledge necessary to Innovate. Accessing and utilizing such knowledge effectually warrants a revitalized approach. Globalization of Innovation can be accomplished in numerous ways. Four of the common […]
Capabilities-driven IT Strategy
Customary practice to Capital Budgeting for satisfying needs of Information Technology development and support pursues a fragmented process and considers requests as stand-alone projects, each with its particular business justification. The approach bases most of the capital allocation on historical expenditure patterns and financial projections. It handicaps the underlying Enterprise Architecture making it inflexible and […]
Digital Fabrication Transformation
The conventional Business Model for Manufacturing is in the process of Transformation. Centralized production has given way to dispersed manufacturing that is customized. Conventional operating practice at large-scale manufacturers is to keep the high-cost R&D distinct from the low-cost production. Digital Fabrication is changing this operating practice. More and more Digital Fabrication Tools are being […]
7 Tactics to Upskilling
Disruptive technology is re-shaping the present-day work environment. Technological advances are making long-standing job roles superfluous. Digital Disruption being faced by many companies is exacerbating the gap between what employers want their employees to be able to do and what they can actually do. This skills gap needs to be bridged rapidly but with due […]
10 Principles of Organizational Design
Research by PwC indicates that leading companies are in a near perpetual state of Reorganization. This upsurge in Organizational Design initiatives is owing to the accelerating pace of strategic change caused by disruption of industries, changing competitor landscape, customer behaviors, and distribution channels. Companies opt to commence efforts to restructure their organization in the hopes […]
6 Phases of Upskilling Strategy
Employees with the right skills make or break an enterprise, create brand impression, represent the company’s culture and values. Disruptive technology is changing the contemporary work environment. Employees in traditional roles are now feeling insecure and disengaged. This dissonance threatens to take away the Competitive Advantage of companies. Employee Engagement has emerged as one of […]
4 Forms of Organizational Forgetting
Organizations have, in recent times, become more aware of the worth of regulating their Organizational Knowledge. Extensive studies in academia have been conducted on the subject, because of its importance. Organizations learn with time and experience. The cause-and-effect relationship is gathered in the collective memory of the organization in the form of: Shared mental models […]
Economies of Unscale
Futuristic, technology-driven business models are weakening the conventional advantages of Economies of Scale. Large corporations, founded on Scale, nevertheless have areas that they can exploit if they reposition rapidly. For the best part of over a century, Economies of Scale—Cost Advantages that businesses achieve owing to their scale of operation—fashioned the corporation into a perfect […]
6 Mindset Traits of Great Problem Solvers
Problem Solving is a fundamental life skill indispensable for survival of an individual. It is honed in every person to varying degrees. It is especially a useful skill to embody Leadership Development. Problem Solving skill can be taught and learnt. MIT defines Problem Solving as: The process of identifying a problem, developing possible solution paths, […]
6 Strategies for Post-Merger Integration Synergies
A significant number of Mergers remain unsuccessful, because companies do not employ a thorough and disciplined approach to realizing Post-Merger Integration Synergies. In reasons for failure, we hear remarks like: Targets were set several months earlier by the top management without consulting the line managers, or taking ground realities into consideration. Assumption base for setting […]
How Do the Subject Matter Experts (Porter, Mintzberg, & More) Define Strategy?
Strategy is about the methods used to attain goals. It’s the “how” of achieving goals—desired future conditions and circumstances towards which effort and resources are spent until their achievement. If Strategy has any meaning at all, it is in relation to some aim or end in view. Strategy is 1 of the 4 dimensions of […]
