Information Technology (IT) facilitates organizations with a decisive game changing opportunity. Current IT technologies and their applications provide organizations with opportunities to derive competitive advantage.
Enterprise Resource Management (ERP) systems are in wide use by organizations’ financial, human resource, supply chain, and inventory management operations. Companies implement ERP systems for the purpose of integrating the [...]
To create its own future an organization anticipates and invests in tomorrow’s opportunities. This involves building an organization which supports innovation. The organization systematically seeks and converts ideas into products/services customers will buy and processes that improve corporate effectiveness.
Commit to a Future You Define
Leaders make decisions today that create a desired future for [...]
Below are books that can be useful in the management of change and culture within an organization.
Kotter, John P. “Leading Change”
Kotter addresses the role of leadership in crafting and executing strategy. He emphasizes the need for the leadership to make change happen. Kotter provides a road map (an eight stage process) to the crafting [...]
Below are books that can be useful in crafting and executing strategy. These are “The Best of the Best”.
Drucker, Peter F. “Management Tasks, Responsibilities, Practices”
A classic must read management book. Drucker is the unchallenged management guru.
Porter, Michael E. “Competitive Strategy: Techniques for Analyzing Industries and Competitors” and “Competitive Advantage: Creating and Sustaining [...]
Headlines remind us every day we are in a new era. “The Big Shift” is creating extraordinary change in our social, political, economic, and commercial life. It is upending the world order as we knew it. This era of astonishing change is causing markets, products, and services to become obsolete. At the same time, it [...]
The task of crafting and executing strategy is a core leadership function. It is the starting point to maximize opportunities created by change and transform your organization. A firm’s strategy is the leadership’s game plan for achieving its vision, mission, and goals. It defines how you attract and please customers, grow the business, compete, and [...]
The transformational leader is the pivot to organizational transformation. So, what distinguishing activities does the transformational leader undertake?
The transformational leader engages in five critical activities:
Transformational leaders craft and execute a life altering strategic vision. New thinking is brought to the organization. It may occur at a strategic inflection point of the business; a [...]
Firms are reluctant to abandon the past in favour of a better tomorrow. They hang on to yesterday’s winners until they are made irrelevant by rivals. They hesitate to move from low to superior yield services/products. Abandoning a service appears to shrink revenues and profits. Hence they resist strategic abandonment.
For a growth strategy to [...]
In academic, government, and media circles it is fashionable to speculate why business fails to innovate. It is trendy to propose government driven solutions. Excluded from these chic conversations is the entrepreneur, the engine of innovation.
Buckets of studies conclude we lag on innovation. It is not unfair to suggest that these studies are nothing [...]
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