Forward integration empowers businesses to control distribution, streamline operations, and eliminate intermediaries. Learn ...
Changing your business's operational strategy can mean the difference between success or failure. The ability of your company to implement change arises out of careful planning and no small amount of ...
Like all organizations, in-house legal teams are on a mission: balancing cost-effectiveness with operational efficiency while aligning with the organization's larger efforts. There are several ways to ...
The process of operational goal-setting is a critical step when it comes to business planning. It's the step that transforms strategic plans into actionable items. I previously wrote about operational ...
Banks can employ the best people, but if their internal operations are supported by complex and broken technology, it will affect the smooth running of their operations. In turn, this will impact the ...
Creating a strategy is hard work. It requires reliable data, keen insights, a touch of innovation, and a lot of difficult decision-making. When executed effectively, it can create clarity and focus ...
High-performing leaders understand the importance of implementing smart business strategies to drive sustainable growth. The right business strategy aligns a company’s objectives with the needs of its ...
The concept behind a fixed price is minimizing customer uncertainty of a final price, which may be due to market fluctuation, time-frame variables or potential changes to the scope of a project. A ...
When ransomware hit Universal Health Services in 2020, it forced one of America's largest hospital chains to revert to pen-and-paper operations for weeks. The $67 million recovery cost was just the ...