Efficiency improvement tools are deployed to achieve a strategic goal. Consultants often advise companies to deploy efficiency improvement tools like six sigma, business process re-engineering, ERP, marketing, digital transformation, etc. HR consultants focus on...
Successful companies revise their strategic plans to accelerate their growth, seek to gain a competitive advantage over competitors, post a merger or a major acquisition, etc. Markets continually evolve. Customer preferences change. Technology disruption and...
Blockchain use in food processing is another of this emerging technology’s myriad potential use cases. Some prominent blockchain use cases are publishing, banking, NFTs, cryptocurrencies, and smart contracts. Companies like IBM and others are deploying...
Competitiveness or lack of it is an outcome of strategy, business model, organization, and organization culture. A business becomes competitive when its customer is willing to pay for its goods and services higher than its competitors. You also achieve competitiveness...
It will not be the first time startups have disrupted big companies. It was not too long ago that Facebook, for instance, was a startup. Or Disney was struggling, and Tata Motors was hugely in debt and had a stagnant market share. Companies keep disrupting incumbents...