Tags |
|
|
Links |
|
|
Casual Articles - Companies Without Strategies Are Heading For Tragedies
Crude oil prices softened a bit in October but remained firm around US$61-63 per barrel. They have fallen by almost US$10 per barrel from the peak of US$70.85 hit in end-August. The fall has come as a boon for many fuel consuming industries and textiles in particular. The entire synthetic fibre industry, almost depend on petroleum products for raw material inputs. In October, WTI Spot, averaged US$62.4 per barrel and was 17% higher than last year. During the first 10 months of 2005, oil prices were higher by 38% a
However, one should not throw out the baby with the bath water. As a matter of fact, it
Do you have delegation-itis? It is a control type of a fear that makes people with ADD think, How do I delegate something that I don't' know how to do? How do I tell somebody what I want when I don't get it?Okay. So let us ask you this: Do you know who Jack Welch is?Jack Welch was the president of GE for many, many years and years. He did a turnaround, he build that corporation globally, he's written several books on leadership and winning. Now he's the head honcho of his organization. Do you t
Executives always have the excuse for not doing strategic planning. They reckon that things are changing so rapidly. It does not make sense to do ten or even five year planning as events will change and it is not possible to preempt changes any more. It is true that nowadays environment changes are very rapid and that makes long-term planning even more difficult. Non-strategic planning companies give the excuse that planning results in paralysis through too much analysis. It is also true that some companies cover their backs with expensive market research and spreadsheet analyses.
However, one should not throw out the baby with the bath water. As a matter of fact, it
Every community has 'em. Fast talkers who roll into town with a clever idea to sell to people in business.Many times the ideas are clever and cute but you should weigh the ups and downs of every offer before you dig out the checkbook. Most of these in-town-for-a-day people want their cash up front.Some of the common flim-flams are:Coupon BooksThey offer to put you in a giant coupon book to be sold for the needy charity or Lions Club. Books are sold on the phone for $29 and deliv
Executives always have the excuse for not doing strategic planning. They reckon that things are changing so rapidly. It does not make sense to do ten or even five year planning as events will change and it is not possible to preempt changes any more. It is true that nowadays environment changes are very rapid and that makes long-term planning even more difficult. Non-strategic planning companies give the excuse that planning results in paralysis through too much analysis. It is also true that some companies cover their backs with expensive market research and spreadsheet analyses.
However, one should not throw out the baby with the bath water. As a matter of fact, it
IT consultant skills vary widely. The successful ones will have the traits that help them deal with their customers.IT Consultant Traits: Can You Manage Employees?Even in your first year of business there is a pretty good chance that you will have to have at least a few sub-contractors that you work with long before you get to the stage where you can hire employees.When that comes up, you are going to have to make hiring decisions and unfortunately what comes along with that turf too is firing
Executives always have the excuse for not doing strategic planning. They reckon that things are changing so rapidly. It does not make sense to do ten or even five year planning as events will change and it is not possible to preempt changes any more. It is true that nowadays environment changes are very rapid and that makes long-term planning even more difficult. Non-strategic planning companies give the excuse that planning results in paralysis through too much analysis. It is also true that some companies cover their backs with expensive market research and spreadsheet analyses.
However, one should not throw out the baby with the bath water. As a matter of fact, it
Customer Relationship Management Systems is a tactical and strategic tool. If used correctly, this tool can forecast trends and help a company with the top and bottom lines. Today, many businesses do not look the same as they may have many years ago. They have definitely left their core competency to move onto something more profitable. The internet and information technology have made that possible.General Motors and eBay are two companies who have reduced focus from their original purpose to reflect finan
However, one should not throw out the baby with the bath water. As a matter of fact, it
ISO 9000 is a set of standards internationally accepted by businesses and consumers. It allows organizations to establish and monitor quality management systems. ISO 9000 standards are considered to be generic standards since they can apply to any business, product or service irrespective of the industry. They have been developed and are maintained by the International Organization for Standardization (ISO).1. What is the ISO 9000 family?The ISO 9000 family consists of three quality assurance and qua
However, one should not throw out the baby with the bath water. As a matter of fact, it is even more critical to have strategic planning during turbulent and rapidly changing environment. It is like the Titanic, which had the most modern technology in her times but did not plan for eventuality and disaster when it hit the iceberg. We are living in difficult times today and tomorrow things may be worse. With the possible threats such as terrorist attacks, infectious diseases like SARS, bird flu, mad-cow diseases etc, it will be naive for any CEOs to think that they are immune or protected.
One must not be fooled into thinking that a company is successful because it has a good strategic planning system in place. Your success may be coincidentally due to a buoyant market or weak competition. Also, one must not be mistaken that the use of processes such as the annual budget is tantamount to application of strategic planning. If the data is purely internal that is sales figures and product costs, it is not strategic planning. You need to factor in the external factors such as
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/14032/casualarticles-Companies-Without-Strategies-Are-Heading-For-Tragedies.html">Companies Without Strategies Are Heading For Tragedies</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/14032/casualarticles-Companies-Without-Strategies-Are-Heading-For-Tragedies.html]Companies Without Strategies Are Heading For Tragedies[/url]
Related Articles:
Medical Billing - Getting Clients
Fifteen Advertising and Promotional Ideas
Resume Writing is Not Just a Skill, But an Art
Bookmark it:
|