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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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The amount of time the Board of Directors spend on their work and commit to strategy is rising. Directors say they dedicate more time now to their Board duties than ever before. In fact, since… Board Excellence 101: Your Guide to Building A Forward-looking Board
Enterprises invest in Analytics to improve Decision Making and outcomes across the business. This is from Product Strategy and Innovation to Supply Chain Management, Customer Experience, and Risk Management. Yet, many executives are not yet… A Startling Fact about Analytics-driven Organizations
Human judgment can be unreliable as these are all susceptible to errors. In Strategy Development, organizations make a lot of strategic decisions. These strategic decisions share a common feature: they are evaluative judgments. In making… Stop Making Unreliable Human Judgments: The Science of Strategic Decision Making
Many Boards have improved their structures and processes. Yet, despite all the corporate-governance reforms undertaken, many Boards failed the test of the financial crisis. This shows that even if the Board of Directors is stacked… The 3 Effective Tests of Assessing Human Dynamics of the Board
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)?
The business has become more challenging as the global market becomes more demanding. This change in the global market is putting pressure not only on Management but also on the Board. Strategy Development now demands… How to Achieve Board Excellence? Here’s a Guide to Engaging Your Board
Many large corporations depend on M&A for growth and executives can boost the value that deals create. But poorly executed M&A can saddle investors with weak returns on capital for details. In fact, the margin… Modernize Your Board’s Role in M&A and Achieve the Greatest Deals
When things go wrong on a grand scale, often we direct our attention to the role of the Board. Debate exudes and often gets heated up and intensifies. This often happens when the Board spends… The 4 Tactics our Board Should Adopt for a Long-term, Strategic Mindset
The pressure on Boards and Directors to raise their game has remained acute. A survey of more than 770 directors from public and private companies across the industries around the world suggested that some are… How to Achieve Board Excellence? Have A High Impact, Strategic Board
“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
Companies often know where they want to go when it comes to Strategy Development. Companies want to be more agile, quicker to react, and more effective. They want to deliver great customer experience, take advantage… Advancing Digital Transformation in the Highest Form: The Next-gen Operating Model
The use of the Internet and other online tools have turned consumers to be more empowered and are now shopping differently. Customers are becoming more demanding and accustomed to getting what they want. With greater… Customer-centric Culture: An Imperative in Today’s Age of the Customer