This blog is about how a bunch of management students from University of California, Berkeley spent a weeklong study visit in Shanghai, China. The focus of the study visit was to learn about how Chinese businesses are managed and operated. In addition, the students also got to experience the Chinese culture and food. The group …
Benchmarking is the process of comparing your business practices and performance against that of your competitors. It can help you to identify areas in which you may be falling behind, and highlight successful strategies that you can copy and adapt. When undertaking a benchmarking analysis, it is important to compare like with like. You should …
The Art of Competitive Benchmarking: How to Outperform Your Competitors and Win Read More »
A well-functioning Innovation Board is essential to successful strategic innovation. But what goes into making an effective board? What are the key ingredients? To answer these questions, first we need to understand what a Strategic Innovation Board is, and what it is not. A Strategic Innovation Board is not a research and development lab, and …
An economic development zone (EDZ) is an area in which governments or private organizations have established laws, regulations and incentives to attract new businesses and promote economic growth. In most cases, EDZs offer tax breaks and other financial incentives to businesses that relocate to, or expand within, the zone. There are many benefits to businesses …
The Benefits of Visiting an Economic Development Zone Read More »
As a board member, you want to be sure that your organization’s strategic planning process is successful. This guide will help you do just that. 1. Understand your role. As a board member, your role is to provide oversight to the organization. This means that you should be familiar with the strategic planning process and …
How to be a board member in a strategic planning process Read More »