In several multi-business groups, the different businesses comprising the group have developed their individual, appropriately tailored sources of sustainable competitive advantage, or areas of core competence. These should be tailored…
IT strategy is crafted and aligned with the business functions of the organisation after the IT function is set up with a structure, personnel, administration, and the Enterprise Architecture is…
The rapid spread of information and knowledge, the increasing expectations of customers and stakeholders, hyper-competition, the dramatically increased dependence on supply networks, and the breathtaking speed of change are making…
The information economy is driving the redefinition of work processes. We can look back at history to get an idea about why. In the early days of industrialization, a new…
To prosper in a changing environment, established firms must radically rethink how to compete. In many cases, they will have to unlearn everything that has made them successful so far. …
The business and financial potential of cloud makes it a special trend for us to embrace. Cloud computing offers business agility in a simple, clearly understandable model: For a new…
The innovation context of companies and industries affect their ability implement strategy due to the competitive challenges that arise in the different life stages of industries and companies. the industrial…
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…
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,…
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…
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…
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.…
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 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…
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…
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…
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…
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…
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;…
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…