The Key to Diverting Disaster: Preparation

A firm’s failure to communicate effectively after an emergency strikes can be more destructive than the emergency itself. Here are six tips for creating an effective crisis communications plan.

Competitive Fitness of Global Firms

Professor Jean-Claude Larreche of INSEAD heads an initiative that effectively quantifies the Competitive Fitness of Global Firms. He has published a report each year since 1998, providing an evaluation of the business capabilities of firms among the 500 largest in North America and Europe. Instead of relying on the short-term, financial information that is so easy to find on business corporations, his report delves deeper … [ Read more ]

The Consumer is King

Anyone who has looked at the crowded living room shelves of the average home and the jammed briefcases of the average road warrior knows that the long-awaited technological convergence is largely a myth today. Our homes are still crowded with radios, televisions, DVD players and computers (with built-in DVD players). Our briefcases still hold PDAs, mobile phones, laptops and lots of paper. Will technological advances … [ Read more ]

Patently Correct IP Risk Management

Companies that concentrate all of their intellectual asset management efforts on protecting patents from infringement ignore much more costly threats connected to their intellectual property portfolios. The greatest risk is not having an IP management strategy in place – an omission that can lead to loss of market share.

Overcoming Cultural Barriers to Sharing Knowledge

“Cultural barriers” to sharing knowledge has more to do with how you design and implement your knowledge management effort than with changing your culture. It involves balancing the visible and invisible dimensions of culture; visibly demonstrating the importance of sharing knowledge and building on the invisible core values.

Mark Kingwell

Our most basic choice, the one that grounds all the others, is this: Do we attend closely to the business of our choices, or do we flee from them, in arrogance, or fear, or boredom–or some combination of all three?

The Use and Abuse of SWOT Analysis

“A SWOT analysis consists of a candid compilation and appraisal of an organization’s Strengths, Weaknesses, Opportunities and Threats. This technique is typically used in formulating and evaluating strategy. Unfortunately it is not often applied well and as a result; organizations rarely reap the full benefit of this process.”

Performing a SWOT Analysis

“This checklist is for those carrying out, or participating in, a SWOT analysis, SWOT being the acronym for Strengths Weaknesses Opportunities Threats. It is a simple, popular technique which can be used in preparing or amending plans, in problem solving and decision making, or for making staff generally aware of the need for change. The usefulness of SWOT analysis, however, has recently been questioned and … [ Read more ]

SWOT

“If you’re looking for ideas on what to look for in a SWOT analysis, here is a checklist you can use. The checklist lists a variety of factors that may or may not apply to the company you are researching. You should also be aware that what is a strength/opportunity for one company might be a weakness/threat for another.”

Sustain the Gain of Change

You don’t make the investment in Six Sigma and take the time to train people, to select projects, and then to drill down to your costs of poor quality once. Six Sigma is ongoing; it’s a constant, “living” methodology that needs to continue as long as your business does.

Seven Strategies for Successful Alliances

Whether striking a new business partnership or building a coalition government, you can benefit from these tricks of the trade. Two veteran negotiators share their strategies for forging and maintaining successful long-term relationships.

Jean Jacques Rousseau

There are two things to be considered with regard to any scheme. In the first place, ‘Is it good in itself?’ In the second, ‘Can it be easily put into practice?’