Organizations undergo different phases of development. Some reach maturity and then decline over time, whereas others just fade away in the startup phase. A few businesses, however, evade collapse and maintain growth for years. They keep surprising their customers with novel product or service offerings. They accomplish this by allocating dedicated resources, investment, time, and […]
Tag Archives | disruption
The Viable System Model
Traditional organizational structures and management practices are characterized by a hierarchical model in which control and direction come from the top. These structures and practices have become obsolete and cannot adapt in response to volatile market conditions. Another issue with this traditional hierarchy is inadequate and sporadic communication between the various tiers of the organization. […]
3 Drivers for Implementing an Innovation Culture
Achieving the status of the Most Innovative Company of the Year is what most businesses aspire to. Innovation-centric research by Boston Consulting Group (BCG) in 2014—comprising of over 750 businesses in 17 different markets—brought to light some striking insights, in addition to rating the most innovative companies of the year. The organizations that grabbed top […]
Managing Disruption
Recessions force leaders of almost all organizations, across the world, to contemplate about the impact of a profoundly Disruptive crisis. Facing this crisis, some leaders flourish, causing their organizations to become stronger. Some clearly stagger through. Still others are mere spectators to their organizations’ downfall. Organizations that endure serious Disruptions are expected to emerge more […]
Pharmaceutical Supply Chain Reinvention
Majority of pharmaceutical companies are persisting with decade old processes and routines. They have transactional relationships with suppliers, lack of concerted efforts to progress ahead, and no vision to reap productivity rewards. The reasons for continuing with these traditional practices include tax regimes, regulatory hurdles, and stable revenues from customers dependent on existing industry offerings. […]
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 […]
Organizational Obstacles to Agile
Agile is a robust approach to value creation. More and more organizations are adopting Agile Software Development approach. Becoming Agile is imperative to meet and exceed customer expectations and emerging business trends. Implementing the Agile approach to Software Development leverages significant benefits, including: Rapid design and development of new product and service offerings Revolutionizing processes […]
Sustainable Digital Transformation
Accelerated pace of technological disruption has forced organizations to change. It has triggered leaders to think of the ways they must adopt to survive in these challenging times. Organizations are confronting this scenario by embracing digital technologies. Traditionally, the focus of the organizations in these Transformation initiatives has remained on speed of change. To get […]
Is Your Organization Ready to Respond to VUCA (Volatile, Uncertain, Complex, Ambiguous) Threats?
VUCA relates to threats that people and enterprises often encounter. The acronym reflects the constant, dramatically-transforming, and unpredictable world. The concept originated in 1987, based on the theories of Warren Bennis and Burt Nanus. The term was first used by U.S. Army War College to describe the volatile, uncertain, complex, and ambiguous general conditions globally. […]
2 Potent Supply Chain Risk Reduction Strategies
Reducing the fragility of global Supply Chains in the event of disruption through natural or other disasters is a major concern for most senior executives. This rings true more so now than ever, as the world grapples with COVID-19, the worst human health crisis in 100 years. The strategies to enhance the effectiveness and readiness […]
The Post-pandemic Organization: Does COVID-19 Level the Playing Field?
In the post 9-11 world, we saw organizations focus on Business Continuity. In the post-pandemic world, organizations will supplement Business Continuity with an emphasis on Business Resilience. This distinction may seem subtle, but it’s actually substantial. After 9-11, organizations recognized the threat of unforeseen disasters and engaged in BC/DR efforts. BC seeks to answer the question: in the […]
What Disruptive Innovation Really Is
Editor’s Note: Dr. Lucell Larawan is a seasoned business mentor and entrepreneur, as well as Flevy author. On Flevy, he recently published a framework, Sculpting Quality and Performance Excellence. * * * * This is now a strategic management buzz: disruptive innovation. But what does the buzz really mean? Here is an expert opinion: Disruptive innovation […]
