The Strategy Story
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The Strategy Story explains complex business strategies through simple and fun-to-read stories. Our strategy stories cover a range of industries and functions.
The Strategy Story
17h ago
This article explores AI's impact on manufacturing, highlighting specific technologies and real-world use cases demonstrating AI integration's tangible benefits.
The post The AI Revolution in Manufacturing: Proactive Solutions for Modern Challenges appeared first on The Strategy Story ..read more
The Strategy Story
5M ago
In the realm of modern supply chain management, sourcing has transcended traditional boundaries, evolving into a strategic endeavor that leverages advanced technologies to optimize procurement practices. Beyond mere supplier discovery, sourcing now entails the strategic identification, evaluation, and engagement of suppliers based on predefined criteria, paving the way for the acquisition of high-quality products and services.
Historically, procurement operations relied heavily on manual efforts, rudimentary software tools, and cumbersome paperwork, leading to inefficiencies in time and resour ..read more
The Strategy Story
1y ago
Enterprise applications are rapidly moving to the cloud to achieve greater IT agility, faster innovation, and lower costs. Organizations are increasingly relying on Internet destinations for a range of business activities, adopting new external SaaS applications for critical business functions and moving their internally managed applications to the public cloud, Infrastructure as a Service or IaaS, or PaaS.
Users now expect to be able to seamlessly access applications and data, wherever they are hosted, from any device, anywhere in the world. Zscaler believes these trends indicate the br ..read more
The Strategy Story
1y ago
Chegg, founded in 2006, is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services.
Chegg’s mission is to improve learning and learning outcomes by putting students first. Chegg supports life-long learners worldwide, starting with their academic journey and extending through their careers.
The Chegg platform provides products and services to support learners with their academic course materials and their career and personal skills development.
What d ..read more
The Strategy Story
1y ago
The transaction lifecycle—encompassing all processes that enable businesses to pay and get paid—is critical to companies of all sizes in all industries and geographies. Businesses begin the transaction lifecycle by creating and mailing invoices, approving bills, and making payments, and end the process by recording and reconciling transactions in an accounting system.
Managing this critical set of activities efficiently and effectively is vital for any business. Yet, for most businesses, cash flow is managed in a complex, inefficient, and all too often, paper-based manner.
SMBs, despite ..read more
The Strategy Story
1y ago
Today, more and more people want to be surrounded by personalized items. According to a study by Deloitte, one in four consumers is willing to pay more to receive a personalized product or service. Additionally, over 35% of consumers expressed interest in purchasing customized products or services in furniture, homeware, and DIY goods. Cricut empowers individuals to personalize.
Consumers have access to more tools in the digital world than ever before. They are easier to use, more powerful and available on every device. The power to create and manipulate content – text, audio, or video ..read more
The Strategy Story
1y ago
The International Diabetes Federation, or IDF, estimates that in 2021, 537 million adults (aged 20-79) worldwide had diabetes. IDF estimates that by 2045, the worldwide incidence of diabetes will reach 783 million.
Diabetes is a chronic, life-threatening disease for which there is no known cure and has other significant adverse consequences for human health worldwide. The condition is caused by the body’s inability to produce or effectively utilize the hormone insulin. This inability prevents the body from adequately regulating blood glucose levels.
Glucose, the primary energy source for ..read more
The Strategy Story
1y ago
Paycom is a leading provider of a comprehensive, cloud-based human capital management (“HCM”) solution delivered as Software-as-a-Service (“SaaS”). Paycom provides functionality and data analytics that businesses need to manage the complete employment lifecycle, from recruitment to retirement.
Paycom’s solution requires virtually no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management, and human resources (“HR”) management applications.
Paycom ..read more
The Strategy Story
1y ago
FedEx Corporation, founded in 1971 and formerly Federal Express Corporation and later FDX Corporation, is an American multinational conglomerate holding company focused on transportation, e-commerce, and business services based in Memphis, Tennessee.
FedEx provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services, offering integrated business solutions through operating companies competing collectively, operating collaboratively, and innovating digitally as one FedEx.
FedEx’s strategy allows it to manage the business as a port ..read more
The Strategy Story
1y ago
Rumble was founded in 2013 when the concept of ‘preferencing’ on the internet was simple – big vs. small. At that time, it was clear that big tech social video platforms were beginning to prefer prominent creators, influencers, and brands leaving the small creator behind, thus, creating a market opportunity. At that time, Rumble was founded to provide small creators with the tools and distribution they needed to succeed.
Fast forward to 2020, when a new and much more nuanced world of ‘preferencing’ was evolving online, which included sophisticated algorithms used by the big tech incumbents for ..read more