Reconnecting with Strategy

(adsbygoogle = window.adsbygoogle || []).push({}); Most companies owe their initial success to a unique strategic position involving clear trade-offs. Activities once were aligned with that position. The passage of time and the pressures ...

What is Strategy?

(adsbygoogle = window.adsbygoogle || []).push({}); Strategy as per Harvard Business Review: I. Operational Effectiveness Is Not Strategy II. Strategy Rests on Unique Activities III. A Sustainable Strategic Position Requires Trade-offs IV. ...

The Connection with Generic Strategies

In Competitive Strategy (The Free Press, 1985), I introduced the concept of generic strategies – cost leadership, differentiation, and focus – to represent the alternative strategic positions in an industry. The generic strategies remain useful to ...

A Sustainable Strategic Position Requires Trade-offs

Choosing a unique position, however, is not enough to guarantee a sustainable advantage. A valuable position will attract imitation by incumbents, who are likely to copy it in one of two ways. First, a competitor can reposition itself to match the superior ...

Japanese Companies Rarely Have Strategies

The Japanese triggered a global revolution in operational effectiveness in the 1970s and 1980s, pioneering practices such as total quality management and continuous improvement. As a result, Japanese manufacturers enjoyed substantial cost and quality advantages ...

How to Motivate and Retain Employees

It is imperative for any business organization to retain the top employees by means of motivation. An engaged workforce is a productive workforce. Businesses cannot achieve desired goals without experienced and qualified staff. Therefore, organizations ...

SOP for Employee Exit process

The employee after discussion with his Manager, submits his resignation to his Manager. The Manager should put his comments on the resignation letter and forward it to HR. (these comments can be To be relieved by dd/mm/yyyy, or some other special comments) HR ...

Processes for Employee Exit

Having a clear process to follow during Employee Exits will ensure you protect your business and its assets, and help the Employee leave with dignity. It is also a great time to get feedback from them about their time at your place. Have a clear exit ...

4 Ways to Keep Top Talent Happy and Loyal

Let’s be realistic. With hiring on the rise, your best finance and accounting employees are eventually going to figure out that they are at the top of their game. During the summer months in particular, moves, vacations and performance reviews all give ...

Approaches of the SHRM

=> attempts to link Human Resource activities with competency based performance measures => attempts to link Human Resource activities with business surpluses or profit These to approaches indicate two factors in an organisational setting. The first ...
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