Business in brief library

Strategy and Planning Techniques

Adaptation Innovation Theory

Adaptation Innovation Theory

Adaption–Innovation (A-I) Theory helps organisations make practical use of cognitive diversity in problem solving and change. Recent work shows how A-I underpins leadership practice, team design and the management of complex problems in real settings (Sheffield and Friedel, 2022).

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Adaptive Enterprise

Adaptive Enterprise

Adaptive enterprises can deal better with risk and uncertainty than those with traditional structures. Practical case evidence is presented and factors to consider when implementing strategic adaptive management are provided.

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Aggregate Demand

Aggregate Demand

Aggregate demand is a fundamental principle of macroeconomics. The concept explains what is meant by the aggregate demand curve and what are its strengths and limitations and provides case evidence of aggregate demand in practice.

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Armstrong’s Model of the Employee Lifecycle

Armstrong’s Model of the Employee Lifecycle

The employee lifecycle model consists of 6 stages: attraction, recruitment, onboarding, development, retention, and separation. Supporting employees at each stage boosts productivity, reduces turnover, and strengthens your employer brand, while separating on good terms can have a positive longer-term impact.

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Asset Building to Support Innovation Opportunity

Asset Building to Support Innovation Opportunity

The concept explains how and why organisations should build and position their assets strategically to support innovation opportunities. It describes the types of assets that support innovation - as well as their limitations - and offers useful advice and guidance on implementation strategies.

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Asymmetric Information

Asymmetric Information

Understanding information asymmetry is fundamental to successful business interactions and negotiations, as companies and consumers invariably hold imperfect information about one another. Using case studies and critical success factors, the concept explains how companies can use information asymmetry to their advantage.

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Authority, Autocracy, Autonomy

Authority, Autocracy, Autonomy

Highly effective leaders develop styles that are clearly aligned with their team and organisational culture. Important differences between leadership styles are described, with case studies from across industries to highlight the benefits and drawbacks.

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Backsourcing

Backsourcing

Backsourcing describes the process of when a firm recalls back in-house the services that it previously outsourced to another company. Clearly identifiable implementation stages are provided and potential risks and drawbacks are discussed.

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Balanced Scorecard

Balanced Scorecard

This concept offers a practical guide to using the Balanced Scorecard and is designed to assist executives to benefit from this strategic management technique.

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Bayesian Analysis

Bayesian Analysis

Bayesian statistics is a subset of the field of statistics in which the evidence about the true state of the world is expressed in terms of degrees of belief - Bayesian probabilities. The concept reviews the origins and application of this statistical approach.

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Benchmarking

Benchmarking

The concept will help organisations to measure current performance levels and identify opportunities for improvement. It explains how to identify strengths, weaknesses and success factors in benchmarking.

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Benefits Realisation

Benefits Realisation

Benefits realisation in project management is the process of ensuring that the outcomes of a project deliver measurable value aligned with strategic objectives. It focuses on identifying, planning, tracking, and achieving benefits throughout the project lifecycle to maximise return on investment.

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Big Data Analytics

Big Data Analytics

Big Data analytics is complex, in order to succeed organisations need to invest in the people behind the technology. Strengths and weaknesses are considered and practical case studies of implementation are shared to help organisations build up their Big Data capabilities.

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Board Governance Value

Board Governance Value

Organisations maximise stakeholder value. This technique shows how governance drives value. Boards add value by governing strategic change via monitoring, resources and decisions, shaped by context (Klarner et al., 2023).

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Boston Consulting Group Matrix

Boston Consulting Group Matrix

The BCG Matrix is one of the most popular methods of portfolio planning. The concept reviews the components of the matrix and examines their strategic implications and limitations.

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