[vc_row][vc_column][vc_column_text] In economy we can talk about recession when continued decline in economic activity for two or more consecutive quarters. In the micro-economy world, I mean in the companies’ world the timing used to be different. Usually the review process in…
System Thinking and Shared Vision pillars in the Turnaround Change Management process
[vc_row][vc_column][vc_column_text] Many organizations fail to approach problems because they do not understand system thinking and/or lack of a shared vision. So in those underperformance companies quite often we find departments with a narrow focus, when system thinking is required. For example…
Strategic Focus: The Value Disciplines
[vc_row][vc_column][vc_column_text] According to Michel Treacy and Fred Wiersema company strategy must be focused on one of the three value disciplines (operational excellence, customer intimacy or product leadership) while meeting industry standards in the other two disciplines. The experience shows that leaders…
Supply Chain Management Definition
[vc_row][vc_column][vc_column_text] It is important to know the SCM concept because many people confuse supply chain with logistics. So they reduce the relevance and scope of supply chain. How we are showing the concept of supply chain is quite broad, and that…