"Supply Chain cannot tolerate even 24 hours of disruption. So if you lose your place in supply chain because of wild behavior you could lose a lot. It would be like pouring cement down one of your oil wells” –Thomas FriedmanAt first glance, you...
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Modern electrical power systems involve new methods of exploring renewable energy. It includes the ‘green generation’ of electricity by means of PV Solar Systems, Wind Power Technology, Geothermal Technology and Hydro Power.The determination and...
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Strategy - Many people find strategy complicated, difficult and confusing.This isn’t because strategic thinking is that difficult, but largely because there are many topics that are described as ‘strategic’ and a large number of special names...
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Introduction – Why Innovate? Disruptive innovation is one of the most exciting developments to enter the mainstream of strategic management in the past 20 years.The process of disruption introduces radical change in products, services and business...
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 ,In the current context, the terms purchasing and procurement are interchangeably used, and despite their similarities they mean different.Procurement involves the process of selecting vendors, establishing payment terms and strategic...
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Organisations are vulnerable from any failures of their day-to-day risk controls, which can lead to serious consequences that will have a significant impact on their financial bottom line, from fatalities, plant damage, loss of image, etc. that may...
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Managers today spend a significant amount of their time and energy attempting to reconcile differences and tensions that arise between competing groups and departments within their organisations. The current environment of tight budgets and limited...
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Getting the best from team members has always been high on the priority list for supervisors, managers and leaders.To achieve this, managers have traditionally set direction, supervised closely and rewarded or reprimanded depending on output....
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In the globally competitive world of the 21st century financial professionals, and the finance function itself, are under greater scrutiny and pressure than ever before to help cut costs, to grow revenue and to maintain control. Under these...
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Imagine the scenario – it’s appraisal time again and the plaintive cry of a hard working administrator – let’s call him Ahmed for the sake of argument - can be heard echoing through the office – “Hey boss – how come I never get...
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Most organisations do Manpower Planning – analysing current headcount data, plotting staff movements and seeing where gaps in demand are to inform future resourcing and training activity. Typically this activity is done for the next 6-18 months to...
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“What happened, and what can we do to prevent this from happening again?” It really is essential that you and your organisation have a confident and professional team able to conduct a thorough Accident Investigation as soon as practicable...
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Delivering successful projectsIt is evident with each passing year that the rate of change in organisations of all types continues to increase. So whilst competence in the core skills needed to manage day to day operations remains critical to...
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‘Bricks and clicks’ is a business model by which a company integrates both offline (bricks) and online (clicks) presences, sometimes with the third extra flips - physical catalogs. Additionally, many will also offer telephone ordering as well,...
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Nothing is more valuable to an organisation than a positive and strong reputation.Abraham Lincoln once said that ‘Character is like a tree and reputation like its shadow. The shadow is what we think of it, the tree is the real thing.’Today's...
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