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Organisations are continually searching for ways to gain a competitive advantage. While traditional strategies focus on product innovation, cost reduction, and market positioning, there is a powerful yet often untapped resource that can propel companies forward: employee empowerment. Employee empowerment as a competitive advantage is closely intertwined with strategy development. When employees are empowered, they…
In the present climate, all organisations – particularly MSME’s, are faced with the challenge of planning for an unpredictable future. The traditional approach of relying solely on historical data and linear projections is no longer sufficient. Fortunately, there is a powerful tool called strategic foresight that can assist organisations in navigating this uncertainty. Strategic foresight…
All companies continue facing unprecedented challenges. Disruptive technologies, shifting consumer preferences, and increasing competition are just a few of the factors that are causing companies to rethink their strategies and operations. One of the most common solutions is to embark on a business transformation journey, where they restructure their operations, adopt new technologies, and…
In today’s competitive business environment, strategic planning has become a crucial element for organisations striving to achieve long-term success. It goes beyond simply envisioning goals and requires a systematic approach to navigate the complexities of the ever-changing market. In this article, we will delve into the key frameworks that can help organisations master the art…
In today’s fast-paced and competitive business environment, building a strong organisational culture is critical for the success of small and medium-sized enterprises (SMEs). According to a study conducted by Deloitte, “organisational culture has a clear link to corporate performance.” The study found that companies with strong cultures had a 51% higher employee retention rate and…
Global consulting firm McKinsey has identified ten significant shifts that organizations must address, including increasing speed and resilience, finding a balance between in-person and remote work, making way for AI, tailoring employee value propositions, building institutional capabilities, matching top talent to high-value roles, self-aware and inspiring leadership, making meaningful progress on diversity, equity, and inclusion,…
