At the end of each year, we publish a list of the top 101 consulting frameworks from the FlevyPro Library. We add new frameworks to FlevyPro each week based on market trends (e.g. Digital Transformation, Customer-centric Design) and customer demand. (See the top 101 consulting frameworks of 2019.)
The capabilities of knowledge workers, not technology or capital, is often a key constraint for organizational growth. Research reveals that a number of managers consider employee performance to remain the same even if their organization’s learning function is totally abolished. Studies further indicate:
Investments and efforts on learning are concentrated…
Do people always follow a rational linear process to come to a decision? Studies have suggested that a combination of Decision Making Models are used by people to reach quality decisions.
Strategic Decision Making is a complex process with a lot riding on those decisions. Eliminating risk from Decision Making is unthinkable but radically enhancing chances of success is a realistic goal.
In making Strategic Decisions, executives tend to rely only on those Decision Support Tools they know best. The usage of non-optimal Decision Support Tools is, in part, due to lack of knowledge about which tools work best in…
Strategic Alliances are quite ubiquitous in businesses nowadays, but most of them often go unsuccessful.
A Strategic Alliance is referred to as “an agreement between 2 organizations to share resources to carry out a mutually beneficial initiative.” The arrangement differs from a Joint Venture (JV) given that both firms in a Strategic Alliance remain independent. Whereas, in a JV, 2 organizations share resources to create a separate company.
Strategic Alliances are typically formed to:
Note: This article originally published by my colleague David Tang.
At its essence, management just seeks to answer 2 fundamental questions:
The first question is addressed through Operational Management. Operational Management frameworks include Total Quality Management (TQM), Six Sigma, Business Process Re-engineering (BPR), among numerous other Lean Six Sigma tools.
The second is addressed through Strategic Management. One powerful framework for assessing Strategic Management is the Strategic Management Maturity Model (SMMM), developed by the Balanced Scorecard Institute.
SMMM provides a holistic view into an organization’s Strategic Management system, processes…
Business and technology resources are aligned using Enterprise Architecture (EA) in order to achieve strategic results, make organizational performance better, achieve Cost Optimization, and guide departments to fulfill their central missions more efficaciously through Operational Excellence.
Federal Enterprise Architecture Framework (FEAF) does that for any U.S. federal agency and helps systems transcend interagency boundaries. FEAF offers a shared approach for the consolidation of strategic, business, and technology management as a component of Organization Design and Performance Management. The Enterprise Architecture methodology introduced under FEAF transcended several interagency boundaries.
The FEAF comprises of 6 interconnected Reference Models, linked through Consolidated Reference…
Data and Analytics, today, play a key role in competing with rivals. Every passing day leads to creation of enormous amounts of data by organizations across the globe. These huge data lakes often go unused, or are underutilized, by organizations. This data, if utilized properly, is of great assistance in informed decision making.
Multiple data types and sources generated by discrete systems are often inconsistent, dispersed, and lacking integration, which makes them unworkable. Such data results in inaccurate analysis and flawed insights. …