Tag: Crisis
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A strategic guide for enhancing performance in crises
A comprehensive study of Lean and Financial Control Lean and management control are two powerful tools that can help companies improve their performance and achieve their strategic goals in a crisis context. However, there is still some debate about how to best implement these tools, and what role leaders should play in the process. Leaders…
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Unlocking Success: Lean Management essentials for Managers
Cultivating Excellence As a manager, you play a crucial role in guiding your organization through the challenges it faces, especially in crisis times. We’ll break down key concepts and strategies that will help you effectively manage your team and contribute to your company’s success. 1. Financial control and Data analysis The foundation of continous improvement…
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Thriving in times of crisis: The power of Lean and Management Control in SMEs
Crisis-Proofing your business ? Embracing Lean’s transformational power In the world of business, navigating through turbulent times requires a strategic shift. Sustainable growth often faces threats, and organizations can find themselves challenged by stagnation or even a decline in competitiveness. During these periods, societal tensions may rise, and it becomes crucial to adapt strategies for…
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ZOPA. How to avoid 3 costly mistakes in negotiation
The ZOPA factor (ZOne of Possible Agreement) Negotiation is a crucial skill in today’s world, both in business and in your personal life. Some common mistakes may seem harmless at first, but they can cost you a lot of time and money in the long run. An elite negotiator should absolutely know these 3 pitfalls…
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Crises, a catalyst for change and innovation.
Schumpeter’s creative destruction theory. Beyond the need to adapt the management of organizations to the threats of crises, Joseph Schumpeter showed us that these periods of transformation are above all conducive to innovation. Toyota’s organizational model, itself born at the end of the Second World War in a devastated Japan, is one of the most…
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