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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Foremost, what exactly is “Corporate Entrepreneurship?” Corporate Entrepreneurship is defined as the process by which teams within an established organization conceive, develop, launch, and manage a new business that is distinct from the parent organization… Can We Drive Growth and Innovation through Corporate Entrepreneurship?
It’s the Age of the Customer. In this day and age, becoming a Customer-centric Organization is no longer just a differentiator–it is a necessity. Customers are now more demanding. Their expectations are higher. In fact,… How Do We Create a Customer-centric Culture?
Transformation of an organization into a Next-generation Learning Organization (NLO) is a challenging endeavor. The main hurdles include convoluted hierarchies, bureaucratic red tape, delayed decision making, and complicated organizational systems and processes. To develop a… Want to Evolve into the Next-Generation Learning Organization? Adopt These 5 Core Pillars
As core markets become saturated with new entrants and products, we find it more and more difficult to grow the core. In fact, the average growth rate in the core business is often less than… How Do We Drive Breakout Growth through Business Model Innovation (BMI)?
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
A large majority of organizations rarely focus on gathering and utilizing customer-centric knowledge. So much so that they even introduce a product without having vital insights on the customer and their unmet needs, and they… The Secret to Success in the Digital Age: Building a Customer-Centric Culture of Innovation
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
Almost every other day, startups emerge and disrupt established companies because of their innovative ideas and business models. This disruption is, primarily, due to the reluctance of big companies to implement a series of strategic… An Effective Methodology to Avoid Disruption: The 8 Pillars of Innovation
Innovative technologies are sweeping away everything: organizations, work practices, offerings, hierarchies, and even business models. Those days are long past when business models used to stay static for years to no end. They are now… The Secret to Unlocking Business Model Innovation (BMI)
Editor’s Note: Dr. Stephen Sweid is a pioneer of Breakthrough Strategy thinking. He has published a series of training guides on the Breakthrough Strategy, which you can find on Flevy here. Stephen has also been a guest on our… Fourth Industrial Revolution: Integrating Schools and Industry for a More Innovative Society
Editor’s Note: The Natural Evolution of Things is an in-depth is a 5-part series that describes 13 the catalysts of Organizational Change and Competitiveness, based on the theme of Michael Porter’s Five Forces. To read the… The Natural Evolution of Things (Part 5)
The call for change and innovation is everywhere – and rightly so. Business environments seem to be getting slammed by a multitude of market, technology and competitive threats impacting how you do business. It’s often… The Truth about Driving Change and Innovation: What No One Tells You