Solving problems, especially complex ones, need not just precise problem formulation, but also a methodical approach to complement it. Adapted for the complexity of the actual world, Structured Problem Solving is essentially a repeated series of creating hypotheses and assessing them via controlled experiments. Structured Problem Solving is a formal…

The need to expedite innovation is not limited to a certain sector. Existing firms in a range of sectors are well aware of the competitive dangers presented by their insufficient Innovation chains. Additionally, they are aware of how quickly startups may embrace new technologies. This realization gave rise to the…

Any organization’s management might be regarded as a never-ending stream of issues that must be managed and handled. However, people frequently choose to implement solutions without first taking the time and making the effort to fully comprehend and evaluate the nature of the situation at hand. Thus, corporations devote a…

Building profitable partnerships with prospective startups is a far more challenging undertaking for large multinational corporations than it first looks. Occasionally, multinational corporations have difficulty locating potentially advantageous startup partners. Given the huge hierarchies of multinational corporations, it is incredibly challenging for startups to identify and engage key decision makers…

Note: This article was originally published by my colleague David Tang on the Flevy Blog. How do we acquire quality, reliable, and actionable Market Intelligence for emerging markets? To make good business decisions, we require good data — i.e. good Market Research & Intelligence. …

Selecting ground-breaking new projects for further investment is risky and difficult, as new ideas are fraught with technological and market uncertainty. …

At all levels of a business, there is a constant need to make critical decisions in a timely manner. This is especially crucial at the strategic level, where top leaders are expected to demonstrate a high capacity for systematic and coordinated decision-making. …

Recessions force leaders of virtually all organizations around the world to evaluate the ramifications of a severe crisis. Some CEOs excel when presented with a crisis, causing their companies to grow stronger. Some of the participants appear to be faltering. Others are only spectators while their groups fall apart. Major…

Disruptive change has put a tremendous strain on organizations and their IT departments. The capabilities of the IT talent is declining due to inadequate technical education and aging workforce. Legacy systems and diverse IT applications are frequent across most organizations. Mergers and Acquisitions have become a norm, pushing vendors to…