Category: Examples
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From Stagnation to Soaring Success: The AccorHotels Turnaround Story
Has the growth of alternatives – in this case, “non-hotel” Airbnb – boarding brought more people into travelling? Has it raised the premium of the hospitality industry as a whole? The digitally-enabled transition into the shared economy has pushed the traditional hospitality industry to innovate, at all its various forms and functions. Any hotel business…
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Bots in the Boardroom
AI is now the driving force behind big strategic shifts occurring across industries, in companies both large and small. Companies are embedding AI directly into their operations, fundamentally changing how they operate, innovate, compete and interact with their customers. There are plenty of hurdles with this transition. Today we will take a look at some…
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Green for more Green – Making Peace between Profit and People
We’ve come a long way since the 1919 case Dodge vs. Ford Motor Company, where the Michigan Supreme Court declared that “A business corporation is organized and carried on primarily for the profit of the stockholders.” And went on to say that “The powers of the directors are to be employed for that end.” Now,…
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Top 10 Practical AI Use Cases for Small Businesses
The narrative surrounding AI often focuses on what large companies are doing and on initiatives generating market disruption or billion-dollar investments. For the average small business owner juggling payroll, customer complaints, and marketing on a shoestring budget, these headlines are hardly relevant. In fact, there are emerging views that rather than giving Goliath the upper…
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Beyond the Slide Deck: The Rise of the Orchestrator
How the next generation of management consulting is trading “knowledge retrieval” for “wisdom application.” For decades, the mental image of management consulting was consistent: a pyramid of bright, young analysts burning the midnight oil to crunch numbers, format slides, and conduct market research, all a part of large teams led by a few senior partners…
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Beyond the Syllabus: Lessons in Participatory Learning and Communication for Business
The challenge of creating truly beneficial, community-engaged scholarship within the constraints of an academic calendar is significant. Traditional academic research can often instrumentalize community partners in service of university deliverables, losing sight of reciprocal benefits. However, an experimental graduate course in community development at Vanderbilt University centered on the “A People’s Guide to Nashville” participatory…
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The Power of Niche: How to Get Larger by Getting Smaller
The siren song of diversification often rings loudest for ambitious businesses. The allure of expanding product lines, entering new markets, and catering to a broader audience can be irresistible. Yet, countless success stories whisper a different truth: sometimes, the most powerful path to dominance lies not in breadth, but in depth. It’s about understanding the…
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How a Corporate Strategy Team Can Use AI to Increase Their Efficiency
Strategy planning departments are frequently tasked to maintain a high degree of granularity to their analysis in less time and with less tolerance for error. And while the pressure is real, strategic analysis is increasingly supported by artificial intelligence. AnswerTeam is focusing this article on smart, practical ways strategy teams can use AI to cut…
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Harnessing Social Media for Consulting Growth and Enhancing Strategic Engagement
Social media is a strategic asset for consulting firms aiming to grow their presence, engage clients, and attract new opportunities. Platforms like LinkedIn and X have evolved into high-impact arenas where credibility, reach, and relationships converge. This article explores how consultants can leverage these platforms—and broader social media tactics—to build authority, generate leads, and scale…
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Business Resilience and Agility: Thriving Amid Disruption
Businesses encounter a range of disruptions, but resilience and adaptability have become essential for business survival and expansion in dynamic and competitive environments. These characteristics are crucial for overcoming obstacles as well as for seizing new opportunities. The ability of a business to bounce back from setbacks is known as business resilience, whereas agility refers…