Enterprise Risk Management Challenges
Enterprise Risk Management (ERM) aims to manage multiple risk events that can occur simultaneously, with some being downside risk events and others being upside risk events. In these cases, management…
Strategic Scenario Thinking Principles
Critical to success in fast-moving and complex business environments are adaptation and speed. In a fast-moving world you have to run for your life just to stay where you are,…
Key Account Valuation Strategy
Fulfilling corporate strategy Key customer selection is one of the most important decisions that suppliers face in key account management (KAM). Whether key customers currently represent 20 per cent or…
Dimensions of IT Outsourcing Risks
Outsourcing has moved markedly from attending to a single function more efficiently, to reconfiguring a whole process in order to achieve greater shareholder value across the organization. The emphasis is…
Performance of Business-Value Drivers
Companies that have insight into how a market and industry will evolve and then act on that insight to expand existing businesses or develop new ones can be valued highly.…
Engagement Value Chain Strategy
Recent marketing research reveals that the concepts and models used by most companies are not customer centered. In an expanding and very accessible global economy, the familiar methods for gaining…
Social CRM Strategy Shift
Social CRM presents some pretty significant changes and shifts, organizationally, technically, and strategically for companies, but it isn’t for nothing. The business environment is changing. For example, the game industry…
Shareholder Value and Investor Engagement
According to the International Finance Corporation (IFC) (2006), part of the World Bank Group, the case for shareholder value corporate governance is ‘irresistible’: ‘[a] commitment to good corporate governance—well defined…
Large Companies and the Entrepreneurial Spirit
There are several important reasons to foster entrepreneurial thinking in Companies. Entrepreneurs are valuable to a big company as well as to a small one. Entrepreneurial thinking is not just…
Strategic Agility Factors
Companies need to build IT infrastructure for strategic agility. Strategic agility is defined by the set of business initiatives an enterprise can readily implement. Many elements contribute to agility, including…
Knowledge Functions Outsourcing Decision Factors
Every business is essentially in some way an information business. A manufacturer of automobiles must be aware of demand and supply patterns, technology developments, changes in sources of supply for…
Outsourcing Relationship Success Principles
The foundation for a successful Outsourcing is built in throughout the outsourcing process in selecting the scope of the process to be outsourced; developing the process diagram; selecting the provider;…
Global Outsourcing Strategy Planning
Many organizations view sourcing as an operational decision made only in response to the business’s strategy. Sourcing as strategy suggests that, instead, outsourcing is an integral part of the development…
HR Strategy Tools
There is an increasing competition in the labour market for scarce skills. These factors are all tied into the generation of economic value, which in turn feeds back into organizational…
Big Data Value Creation Drivers
One of the key challenges IT organizations face in building support for a big data initiative is to ensure that the big data initiative is valued by, or of value…
IT strategy based KPIs
IT performance management allows companies to implement and control IT strategies systematically and to realize improvements and value enhancements, be they of a financial and non-financial nature. The company and…
Outsourcing Performance Management Strategies
As organizations outsource larger and more complex processes, performance management has become increasingly challenging. Performance management is more complex in business services than in manufacturing. Whereas many manufacturing processes can…
Internet impact on industry competitive advantage
While each industry will evolve in unique ways, an examination of the forces influencing industry structure indicates that the deployment of Internet technology will likely continue to put pressure on…
High impact IT Change in Organisations
IT is in constant change it seems, from minutiae (self-inflicted damage) to major, life-changing failures that inevitably lead to press headlines about the latest waste of money on purpose-built, complex…
Supply-Push Innovations Characteristics
Supply-push innovation processes share certain characteristics. First, they are developed in a haphazard way without a clear customer need driving them. Second, they emerge out of the efforts of a…