The key concepts of Lean are easily grasped, and relative to most technical engineering projects, Lean designs are easily implemented. Yet most attempts to implement Lean production end in disappointing outcomes.
The key concepts of Lean are easily grasped, and relative to most technical engineering projects, Lean designs are easily implemented. Yet most attempts to implement Lean production end in disappointing outcomes.
In the Digital Age marked by rapid technology change, virtually no company can ignore the imperative to innovate. Failing to do so is an invitation to lose business.
The time value of money is the widely accepted conjecture that there is greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later-developed concept of time preference.
Marketing is a dynamic and ever-changing field. The top digital marketing strategies change with the consumer and technology trends of the day. This is why every company needs a good marketing strategy that's well planned and has well defined milestones and objectives. Once you have the right map, the chances you'll reach the goals you've set to your business, are much higher.
A Business Continuity Risk Assessment (BCRA) is part of Business Continuity Management. A BCRA must be carried out to assess the organization's vulnerability to threats and establish the organization's overall risk profile. It demonstrates a qualitative methodology of a Threats & Vulnerability assessment. It prioritizes potential disasters on the basis of their probability and impact. The BCRA is required to be assessed for each location (building/group of buildings) separately.
"In most companies, Sales is the only revenue-generating function. Everything else is a cost center."
Organizations turn to different sources of gaining Competitive Advantage and outperforming their rivals. In the past, leading multinationals with diverse portfolio of product or service offerings used to have assets, positions, and economies of scale serve them as sources of sustainable Competitive Advantage.
"When the rate of change outside exceeds the rate of change inside, the end is in sight."