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…
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…
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 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…
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…
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…
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 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…
The price any purchaser is prepared to pay for a business is likely to be determined by the profit and cash flow produced from owning the business, and to a…
Warren Buffett calls margin of safety the “ the three most important words in all of investing, ” and Benjamin Graham gave rise to the term in The Intelligent Investor…
Consumer trends and product changes are forces driving the retail industry. Changes in the needs and wants of customers may be slow and hard to detect, but they should be…
Outsourcing works because it can deliver higher value and frees up internal resources to focus on a company’s core competency. Outsourcing has become a mainstream business practice and the factors…
What kinds of capabilities do firms need to develop to be able to deal with both discontinuous innovation? Discontinuous innovation is a volatile, unpredictable, and essentially fluid state—on the edge…
The marketing comfort zone has gone. Gone are the days when mass products were designed for mass audiences, and manufacturers and producers could combine good old mass-distribution methods, face- to-face…
A satisfied customer will buy new products or new versions that become available. By investing in customer retention programs, a company can increase its income without high acquisition expenses. The…
Rapid integration is more likely to result in a merger that achieves the acquirer’s expectations. For our purposes, the term rapid is defined as relative to the pace of normal…
Risk is a common feature with any business endeavour. As ITO is like any other business activity, risks are an integral part of the ITO exercise. Unlike most business environments,…
When companies need to focus on growth through decreasing their time to market or increasing product or service quality, the ability to move back-end functions offsite and under separate management…
Strategic Corporate Early Warning is the mechanism by which firms anticipate, detect and where possible prevent, or at least mitigate, strategic surprise. The purpose of early warning, in short, is to…
Companies traditionally do the following: 1. Set overall strategy 2. Conduct massive market research 3. Build “end-to-end” go-to-market strategies 4. Create brand positioning and messaging 5. Launch 6. Repeat steps…
What is engagement? Very simply, it is the way that a company or country holds the attention of its ecosystem, client, or potential client. Engagement is personal. It drives businesses…