Archive for September, 2008
Value and People: More with More, Less with Less, More with Less, Less with More
In a very tough economic environment, it is inevitable that everyday people like you and me will be impacted. Gyrations in demand — which is often a product of our own creation (i.e., the bullwhip effect) and not a natural result of supply and demand — will lead companies to make the tough decision to do one of the following:
- Add more value with more people
In a very tough economic environment, it is inevitable that everyday people like you and me will be impacted. Gyrations in demand — which is often a product of our own creation (i.e., the bullwhip effect) and not a natural result of supply and demand — will lead companies to make the tough decision to do one of the following:
- Add more value with more people
Benchmarking does not equal Strategy: There are No Shortcuts to The Law of the Harvest
Benchmarking or Best Practice is an important management tool. It allows a firm to learn about and compare itself to the winning player in the business space. Benchmarking or Best Practice also allows a firm to model the performance of the best-in-class competitor and learn from their approach to price, product characteristics, service strategy, and market opportunity.
Benchmarking or Best Practice is an important management tool. It allows a firm to learn about and compare itself to the winning player in the business space. Benchmarking or Best Practice also allows a firm to model the performance of the best-in-class competitor and learn from their approach to price, product characteristics, service strategy, and market opportunity.
