Why do many businesses easily succeed, while many more struggle to survive and eventually fail? A key reason is strategic alignment, or lack thereof. While the best-aligned organizations perform the best, those that aren’t, flounder because they fail to make… Read More
Working capital refers to the capital or cash reserves of a business that is utilized to conduct its day-to-day operations. This is calculated by deducting the current liabilities against current assets. An effective working capital management strategy will help an… Read More
Competitive advantage is at the core of an organization’s performance in markets where there is heavy competition. It sets an organization apart from its competitors and paves the way for higher profit margins, greater return on assets, and accumulating valuable… Read More
Innovation is an organization’s path to survival. In a world of rapid change and increasing competition, innovation has become essential to maintaining business growth, competitiveness, and productivity. Innovation is one of the key activities in a company’s operations. Innovation is… Read More
With the dramatic growth of technology and frequent changes in consumer behavior, organizations today are under increased pressure to constantly innovate. At the core of gaining a competitive advantage in an ever-evolving marketplace, carrying out strategic goals while staying relevant,… Read More
Sometimes we need more than a big picture vision to guide the actions of a company. A powerful mission and lofty goals may provide direction for an organization but do little to clarify the everyday tasks needed to get you… Read More