When making a plan to expand, examine key indicators including customer acquisition costs, lifetime value and revenue growth, writes Micheal…
Read More »Strategic Management
Strategic management involves setting objectives, analyzing the competitive environment, analyzing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization.
Insisting on collaborating on every project or decision can lead to groupthink, while too little collaboration can make members of…
Read More »Mayer (Cindy Ord/Getty Images) AI doesn't have to be cutting edge and can instead help with mundane tasks to save…
Read More »Author Jeroen Kraaijenbrink has this take on strategizing: Executives should do it an hour a day, managers one hour a…
Read More »In particular, businesses are poised to make technology investments especially in cloud-related transformations as well as betting on trends in…
Read More »Wrong business strategy and the lack of choices are among the reasons why Mara Digital Mall is failing to compete…
Read More »Now is the right time to adopt a test-and-learn mindset, to be open to experiments in the metaverse, and to…
Read More »Companies that create a culture of innovation can see their revenue increase 6.5 times faster than those that don't, according…
Read More »The next generation of digital tech, what we call “smart tech” in our new book, “The Smart Nonprofit,” includes technologies…
Read More »Managers can lack strategic thinking skills if they're don't understand the organization's goals or are too busy doing the work…
Read More »Companies have to ask themselves tough questions about how they want to compete -- whether it's on price, product, differentiation…
Read More »When Grab first kicked things off in 2012 as My Teksi, nobody would have anticipated how it would eventually grow…
Read More »At some point, technically-minded business leaders must learn strategic thinking techniques to move their company forward, executive coach Maya Hu-Chan…
Read More »The "streetlight effect" in corporations manifests when leaders seek out the most readily available and convenient data rather than stepping…
Read More »A framework built on purpose, clear expectations and proactive approaches allows leaders to tackle frustrating or surprising challenges, small-business consultant…
Read More »