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Strategy

/Strategy
23 Apr, 2019

Benchmarking Methods

By |2018-09-20T23:24:21+02:00April 23rd, 2019|

It is important to choose the optimal approach because it reduces the costs of the activity and improves the chances to find the ‘best standards’ you can rely on.

20 Apr, 2019

Benchmarking

By |2018-02-24T08:00:57+02:00April 20th, 2019|

Benchmarking is a strategy tool used to compare the performance of the business processes and products with the best performances of other companies inside and outside the industry.

17 Apr, 2019

Pareto’s Principle

By |2018-09-10T22:06:29+02:00April 17th, 2019|

Pareto's Principle states that roughly 20% of actions produce 80% of results, or 80% of effects come from 20% of causes. Pareto’s Principle or the 80/20 Rule is a useful construct when analyzing our efforts and outcomes.

14 Apr, 2019

MBO

By |2018-09-06T13:15:25+02:00April 14th, 2019|

Management by Objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding on how to achieve each objective in sequence.

10 Apr, 2019

Operational Leadership

By |2018-09-06T13:15:25+02:00April 10th, 2019|

Operational leaders build the structures and systems that allow the strategic leader(s) vision and objectives to be achieved, while providing a framework for inspired action by the organization's tactical leaders.

7 Apr, 2019

Strategic Leadership

By |2018-09-06T13:15:25+02:00April 7th, 2019|

Strategic leadership is concerned with the long-term purpose and goals of an organization, movement, or institution. By having a compelling vision and mission, a strategic leader will attract the right people to the organization.

4 Apr, 2019

Tactical Leadership

By |2018-09-06T13:15:25+02:00April 4th, 2019|

Tactical leadership is concerned with the here and now, with short-term decisions and risk management for immediate gains. At the tactical level, leaders must balance the needs of team members with the needs of the mission or situation.

1 Apr, 2019

Leadership

By |2018-09-06T13:15:25+02:00April 1st, 2019|

One of the challenges many managers and leaders face is in understanding the distinctions between levels of leadership. Though there is a common basis of theory and practice, the requirements of various forms of leadership are quite different.

28 Mar, 2019

Red Queen Effect

By |2018-09-10T23:29:09+02:00March 28th, 2019|

According to Red Queen Hypothesis, any strategy that is likely to be effective will be met by a reaction from the competition that will make to undermine the advantages from the strategy.

23 Mar, 2019

Peter Principle

By |2018-09-10T22:06:44+02:00March 23rd, 2019|

The Peter principle is a concept in management theory that states that the selection of a candidate for a position is based on the candidate's performance in their current role, rather than on abilities relevant to the intended role.

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