Data analytics has become essential for businesses of all sizes. Once primarily the domain of large corporations, smaller businesses have now embraced data-driven decision-making. The influence of books like *Moneyball* by Michael Lewis has shown how data analytics...
Numerous examples exist of management processes built on flawed assumptions. These often lead to misallocation of resources and wasted effort. In pursuit of elusive goals, management can inadvertently tie the organization in knots. The biggest fallacy along these...
Research indicates that approximately 90 percent of U.S. firms utilize a strategic management system in some capacity. In essence, they employ a system to gauge their advancement towards the strategic objectives they’ve established. Whether it’s through...
Typically, during their initial phases, businesses tend to be exceptionally creative with minimal rules or low rule density. Their guiding principles might encompass aspects like prioritizing customer satisfaction, and encapsulating the essence of their operations....
I have previously discussed strategic positioning and how your organization can adopt various models or archetypes to secure a competitive edge. But there’s another way to think about your strategic position in the market from the inside out. In other words,...
A considerable amount of content has been produced on the subject of strategy development, with numerous blogs and books dedicated to it. This abundance is understandable as formulating an innovative strategy for your organization is an enjoyable task. After all, who...