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Seven ways to making cost reduction stick
One of management’s dirty little secrets is that most cost reduction initiatives fail to produce significant long-term savings. According to recent McKinsey research, many executives expect some...
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Big companies can reinvent themselves.
When it comes to large companies changing and adapting to new conditions, conventional wisdom especially around Disruptive Innovation theory, is not optimistic: Due to a number of factors including...
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The ten commandments of germinating innovation
Increasing innovation is now the mantra of many executives as they seek to address key developments like sustainability and regulatory change or boost performance in areas like cost reduction or...
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The best way to reduce labour costs
Curbing labour costs is vital for companies looking to sustain profitability and maintain competitiveness. The typical approach to achieving this is straightforward albeit unsophisticated. A senior...
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9 steps to faster change
Changing the behavior of staff and partners is critical to business success; yet as much as 70% of change management initiatives fail. It would not be an understatement to say that poor change...
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Building a high performance culture
When it came to defining the number one driver of organizational performance, no one hit the nail on the head quite as well as esteemed management scholar Peter Drucker who stated unequivocally,...
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6 steps to transformation
To everything, turn, turn, turn. There is a season, turn, turn, turn. And a time to every purpose under heaven. The Byrds In today’s dynamic business environment, it is axiomatic that firms must in...
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Using behavioural economics to trigger action
Behavioural economics posits that all human behaviour, including in business, is shaped by irrational and unconscious influences, such as bias, social pressure and cognitive inertia. The notion of...
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5 steps to rebrand your business
The successful rebranding and strategic pivot of Tangerine, formerly ING Direct, was the product of strategic insight, thorough analytics and diligent planning. Just as critical was the firm’s ability...
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On values-driven change management
Every business leader knows businesses must adapt to their environment or become discredited and irrelevant over time. But how do you do this as quickly and painlessly as possible? While there are many...
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