Concepts of Throughput Accounting and Theory of Constraints

Financial Management

Kaizen – Understanding the Japanese Business Philosophy of Continuous Improvement

Operations Management

Role of Leaders in Shaping Organizational Culture

Management Principles

Organizational Culture – Development and Importance

Management Principles

Five Important Organizational Cultural Models

Management Principles

Incremental Cash Flow Analysis

The most important and also the most difficult part of an investment analysis is to calculate the  cash flow associated with the project; the cost of funding the project; the cash inflow during  the life of the project; and the terminal, or ending value of the project. Shareholders are  interested in how many additional rupees they will receive in future for the rupees they lay out  today. Hence, what matters is not the project’s total cash flow per period, but the incremental  cash flow for a variety of reasons. They include; Cannibalization: When a new product is introduced it may take away the sales of existing  products. Cannibalization also occurs when a firm builds a plant overseas and winds up  substituting foreign production for parent company exports. In this case company may lose  exports because it is supplying from its overseas production center. To the extent that sales of a Continue reading

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What is Customer Analytics?

Data in any form is considered as the new gold in the 21st century.  Organizations that primarily focus on data-driven approaches have the potential to be ahead of their respective game. One of the important and core objectives of any company would be to maintain a solid and strong relationship with its customers, understanding them and providing them what they want. Customer Analytics is this field of analytics, where one dives deep into the consumer data and brings about useful insights on their clients. Customer Analytics finds its utmost use in the marketing as well sales departments where the customer data is the key to understand the customer behavior for them chart their marketing as well advertising strategy. Customer Analytics supports business decision-making through targeting specific groups based on income groups, age groups, and customer segmentation as understanding customer groups would help the businesses to create more strong strategies for Continue reading

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Strategic Information Systems Planning (SISP) – Meaning and Importance

In a global marketplace, information has emerged as an agent and enabler of new competitiveness for today’s enterprise. However the paradigm of strategic planning changes sufficiently to support the new role of information and technology. The question is, are changes can support the new role of information and technology and what is the relationship between strategic information system planning with the development database in an organization. Therefore, the development of strategic information system planning is importance in an organization. Strategic information systems planning (SISP) is the process of creating a portfolio based on the use of information system in order to achieve organizational goals and objectives. Within SISP, organizational can clearly define their organizational goals, the critical success factor (CSF) and the problem areas within the organization activity. Introduction to Strategic Information Systems Planning (SISP) There are two concepts of strategic information systems planning (SISP). The first one is SISP Continue reading

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Modern Aspects of Organizational Structure Development

The structure of the organisation can be described as the overall pattern of the relationships between the various roles and responsibilities which allocate to serve the work to sustain the competitive advantage in order to achieve the direct activities and the organisational goals. These structure which resembles the members of the organisation to plan, compromise, organise the various activities to control and uses many principles with the derived classic and as well as the scientific management issues and changes. The overall structure of the organisation which is both architectural and structural which is visible and also invisible which mainly competes with the other entities which mainly defines the various functions and the entities which represent and provides the various useful insights into the underlying design principles in the management section within the organisation. This is a formal structure which not only focuses on the various principles involved in the management Continue reading

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Strategy Implementation

Business Strategy can be described as the plan which guides organizations in the selection and application of resources that will help them obtain a competitive advantage. It is more concerned with how a business competes in a particular market. It consists of strategic decisions about the choice of products, meeting the needs of customers, exploiting/creating opportunities, etc. In simple terms, it can be defined as a plan that says where a business/organization wants to go and how it envisages getting there. Often the difference between the market leaders and other players in the industry is the ability to execute strategy. Effective strategy implementation involves getting people’s buy in, choosing the right metrics and tracking performance on an ongoing basis. Much of strategy implementation involves managing change. So the behavioral issues involved, must not be overlooked. Effective strategy implementation allows the company to be more successful in pursuing a cost leader Continue reading

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Case Study on Information Systems: Brown and Gordon Auto parts

Brown and Gordon Auto parts (B&G) is the third largest auto parts manufacturer in the world. It is an autonomously run division of a large conglomerate, RST, Inc. Their head quarters and principal manufacturing facilities are in Cleveland, Ohio, but they operate plant in East Chicago, Illinois, Indianapolis, Indiana, Columbus and Cincinnati, Ohio, and South Bend, Indiana. Total annual revenues are close to $2 billion, but profits were reduced dramatically in 1989 and 1990 because of the recession and particularly because of the decline in automobile sales. Plant capacity has dropped to 60%, with a slight pickup in the fourth quarter of this year. (RST, Inc. has turned in record profits in the same two years, with all divisions save B&G performing beyond plan) Most of B&G’s management teams are on-line managers who have proven themselves in operational jobs and have worked their way up in hierarchy. They don’t believe Continue reading

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