ARTICLES
09.09.2018
09.09.2018
09.09.2018
09.09.2018
Over the past five to six years, business models around the globe have experienced a paradigm shift ascribing a new approach to leadership. A 360 degree change in the business models observed today didn’t come out of the blue. Many factors accountable or not, have contributed to this evolution.
This is the era of start-ups. In each and every city, small or big, start-up businesses are mushrooming every day. According to a study, 69 percent of U.S. entrepreneurs start their businesses at home. While around 9 percent of all American businesses close each year, only 8 percent are opened. A bit more than 50 percent of small businesses fail in the first four years.
Divide and rule may sound in appropriate in a context like this however, it holds true for an idea we are going to discuss. Dividing your employees in to small teams, empowering them to an extent and assigning each team a different task shows the increased productivity levels and greater returns. Hence as a senior manager you rule the business world by employing a ‘divide and rule’ phenomenon in your organization.
Along the journey of transformation of traditional business models over the past decade, enterprise architectures have evolved a great deal too. Owing to the magnanimous digital transformation in past few years, business architectures have become more flexible. This poses a challenge for traditional enterprises to cope up with the changing trends.