Remove Digital Transformation Remove Organization Remove Prioritization Remove Profitability
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The Kraljic Matrix

Flevy

The procurement function in most organizations deserves more attention than it gets. Organizations can adopt the following best practices to streamline and manage their purchasing and supply functions: Consolidate the supply requirements of various units at the headquarters level.

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Resource-Based View (RBV) and VRIN Framework

Flevy

Research by various academicians and researchers has suggested other models of gaining profitability and sustainable competitive advantage. As per Pralahad and Hamel, distinctive competencies or capabilities of the organization make the key difference in achieving superior performance and competitive advantage.

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KPI Management: Intellectual Property (IP) Strategy KPIs

Flevy

The objective of this article is to shed light on the significance of Intellectual Property Strategy within organizations, emphasizing how Key Performance Indicators (KPIs) associated with IP can guide strategic decision-making, facilitate the formulation of effective strategies, and enhance operational improvements.

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KPI Management: Open Innovation KPIs

Flevy

Open Innovation Programs represent a paradigm shift in how organizations approach innovation, moving beyond the confines of internal R&D to leverage the collective creativity and expertise of external partners. Here are the top 10 KPIs vital for assessing the effectiveness and impact of Open Innovation.

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KPI Management: M&A Strategy KPIs

Flevy

This strategic avenue is not just about expanding business footprints or diversifying portfolios–it’s a complex maneuver that, when executed with precision, can significantly alter an organization’s trajectory towards success. Importance of M&A Strategy M&A Strategy is more than a tactical play.

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AI Has Taken the Boardroom by Storm. Here’s What You Must Know.

Planview

The C-suite has to identify, adopt, and express a strategic approach to the AI paradigm we all have entered, and provide a blueprint for how their organizations will compete and thrive in it. And the earlier your organization embraces it, the more you stand to gain. The AI Factory is not a subset of the digital transformation.

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One Size Fits None: An Appeal for Better Leaders

MDI Training

On one side, it’s heartening to see organizations worldwide upgrade from simple Corporate Social Responsibility commitments to more holistic and comprehensive Environmental, Social, and Governance commitments , as well as aspire to B-Corp status. Consider that in 1958, the average age of an S&P 500 company was a healthy 61 years.