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Service or service delivery is seldom the primary concern of manufacturers; their attention is generally limited to the ultimate product.

Digitization and the Internet of Things (IoT) are instigating a fundamental transformation in the operational practices of manufacturers, transcending industries and geographical boundaries.  To differentiate themselves in their respective industries, manufacturers around the world are integrating technological features into their products.

In the realm of manu

In prosperous economic times, organizations enjoy a cordial and relaxed environment. The confidence range for error tolerance is rather big. There is no imminent need to change corporate procedures or business models due to external factors. Prior to making decisions, people like to take the time to carefully study and examine significant facts and situations.

Good times are characterized by:

• A proactive and logically tranquil setting.
• Executives of all ranks considering the larger picture. Both sh

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When new technology and rivals cause disruption in industry markets, many long-s

A business is sustainable if it continues to grow. However, it is hard for any business owner to estimate the firm's growth in a year or during a certain time period. Likewise, it is challenging for leaders to imagine the following scenarios:

• How much growth does their company require?
• Should sales growth or margin expansion take precedence? How can the two be reconciled?
• How can true growth be achieved?

Sustainable growth necessitates a Capabilities-driven Strategy (CDS) as opposed to conventiona

Data Governance is a set of practices that outline the roles and accountabilities related to data and support the organization’s Business Model by generating and consuming data.  It’s all about overseeing the accessibility, practicality, reliability and safety of enterprise data.

Data Governance is guided by in-house data standards and guidelines to monitor data usage.  The process safeguards data uniformity, dependability, and fair use.  The success of a Data Governance initiative should be me

Data Governance is a set of practices that outline the roles and accountabilities related to data and support the organization’s Business Model by generating and consuming data.  It’s all about overseeing the accessibility, practicality, reliability and safety of enterprise data.

Data Governance is guided by in-house data standards and guidelines to monitor data usage.  The process safeguards data uniformity, dependability, and fair use.  The success of a Data Governance initiative should be meas

All firms have as their strategic goals accelerating growth and performance while simultaneously adding value for customers.

Although it is common for managers to place a strong emphasis on financial success, competent managers actively seek out new possibilities to generate value.

If handled wisely, Business Model Diversification enables value generation and may help managers improve performance and broaden the enterprise's objectives.

Any sustainable organization is built on a system of symbio

Early 2000s saw a change of mind regarding the Globalization of commerce by members of the political and economic arenas.  This change of mind was instigated by myths perpetuated against commerce Globalization because of the dichotomy that appeared between existing Operating Models of companies and needs of the emerging markets.

These perceived trade-offs that were myths included ideas like choosing between centrally-controlled Operating Model and local responsiveness model.

Proponents of the cent

Research by PwC indicates that leading companies are in a near perpetual state of Reorganization.  This upsurge in Organizational Design initiatives is owing to the accelerating pace of strategic change caused by disruption of industries, changing competitor landscape, customer behaviors, and distribution channels.

Companies opt to commence efforts to restructure their organization in the hopes of enhancing efficiency, perpetuating growth, and surviving in future.  Some shift their Business Model