Mother Nature is a pretty wise old gal. Among other things, she is a superior problem solver. Think about it. She has resolved countless problems for plants and animals (including human). Many plants “know” how to turn towards a light source, for instance. And she helped bats to navigate without […]
Management
A business concept is a concise description of an opportunity that contains fo0ur critical elements: the customer definition; the value proposition (or benefit to the customer) and the compelling story, the product /service; and the distribution channel or means of delivering the benefits to the customer. The business concept can […]
There is probably no single best organizational structure for all types of ventures in all situations. Rather, the entrepreneur must find the best fit, given the existing contextual factors (environment, technology, market), design factors (strategy, and models), and structural factors (complexity, formalization). A misalignment or misfit among these factors could […]
Many companies have kept their self-managed teams a commercial secret. Hundreds of them have tried to make them work, with mixed results. Consultants extract large foes for either recommending them or unravelling the mess from the ones that failed. Self-managed-teams (SMT) often called self-directed work teams (SDWT), have acquired a […]
Decades ago the leaders of organizations seldom talked about the business issue that now reportedly keeps them awake at night: the challenge of retaining talent. Research reveals that while pay and benefits matter, you can’t count on money to retain talented people who have employment options. Key motivators include challenging […]
Decades ago the leaders of organizations seldom talked about the business issue that now reportedly keeps them awake at night: the challenge of retaining talent. Research reveals that while pay and benefits matter, you can’t count on money to retain talented people who have employment options. Key motivators include challenging […]
Assessing the Impact of Organizational Systems One of the single largest, most consistent oversights is not understanding that corporate and organisational systems – those written and unwritten policies, procedures and instructions to which everyone operates – are crucial parts of the strategic and operational plan of the enterprise. Very simply, […]
Recent research suggests that globalization is a myth. Far from taking place in a single global market, most business activity by large companies takes place in regional blocks. There is no uniform spread of U.S. market capitalism nor are global markets becoming homogenized. Government regulations and cultural differences divide the […]
We live in a business world taken over by ironies and oxymoron, a world of walking contradictions in which the line between conventional and unconventional wisdom is done with disposable pens filled with invisible ink. The rules that once seemed so useful now ebb and flow like a hyperactive harvest […]
The ability to create and manage strategic alliances is an important skill for most management teams. If you cannot make effective use of alliances in today’s world, you will be at a serious competitive disadvantage. One of the reasons for the low success rate of alliances is that there are […]
