Results Measurement for Digital Transformation Initiatives
Companies are investing millions in digital transformation. A successful digital transformation delivers the intended business objectives. These business objectives include new business models, better customer service, process optimization, productivity and efficiency improvement. You would want to monitor whether the business objectives are realized. You also want to understand how the… [More]
Are Industry KPIs Sufficient for Your Business?
Mindset Shifts for a Robust Operation
Global supply chain issues have generated ripple effects from widespread shortages of raw materials and products. Escalating wages have businesses competing for talent. The hybrid work model changes operating processes. Technology advances quickly but the workforce might not be prepared for it. Businesses need to adapt swiftly and become… [More]
Leadership and Productivity
Learnings on Operations Modernization
Supply chain operations cover a broad scope of tasks that range from sourcing to delivery of products. Mechanization of the operations would improve productivity significantly. To be successful with modernization, user buy-in and adoption are critical. A utility undertook a supply chain operations modernization initiative. It took over a year… [More]
Technology Adoption Rate
How to Build Differentiating Business Capabilities
Business capabilities form the foundation to create, deliver, and support the products and services a business offers. These capabilities include core competencies that enable the business to differentiate itself from competition. To build true differentiating capabilities, businesses need to keep these four areas in mind. Reimagine the future with no… [More]
Why It is Good to have a BHAG
How to Improve Organization Alignment
Organization alignment is a critical success factor for accelerated growth. When the management team endorses the strategic plan, it is only the beginning. The business needs to align investment, initiatives, and day-to-day operations succinctly across the whole organization to execute the strategy. The larger the organization, the more challenging to… [More]
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