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Archive for the ‘Management’ Category

In today’s highly competitive business environment, budget-oriented planning or forecast-based planning methods are insufficient for a large corporation to survive and prosper. The firm must engage in strategic planning that clearly defines objectives and assesses both the internal and external situation to formulate strategy, implement the strategy, evaluate the [...]

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Organizations place increasing emphasis on measuring results–from financial success to management effectiveness and return on investment (ROI).
While most firms have become adept at defining financial and operational success, most find that the softer side of people performance is often the hardest to quantify.  Yet, employees represent the largest cost in [...]

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A value chain is a chain of activities. Products pass through all activities of the chain in order and at each activity the product gains some value. The chain of activities gives the products more added value than the sum of added values of all activities. It is important not to mix the concept of [...]

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The e-business market segmentation matrix classifies different types of interaction between consumers, business & govermental agencies
Consumer/Peer/Citizen :
Consumer to Consumer :
e.g. eBay – peer to peer
e.g. Napster – citizen to citizen
e.g. US 2004 election campaign
e.g. bhinneka.com – indonesian C2C
Business to Consumer :
e.g. Ducati.com
e.g. bni.co.id – indonesian banking
e.g. terapi.tk – indonesian [...]

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Article By : Tash Anestos
Selected by : Selvy Riana T.
In the world of business, firms are typically measured by the level of success they have achieved in the market place. Every firm desires to attain success, thus surpassing the competition and planting a profitable foothold into their industry of choice. All [...]

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Why Six Sigma Is Not TQM

Six Sigma and Beyond
Thomas Pyzdek
Why Six Sigma Is Not TQM
There’s a reason TQM’s popularity has cooled while Six Sigma’s has flourished.
I am often told by my colleagues that there’s no real difference between Six Sigma and total quality management (TQM). Indeed, Six Sigma does employ some of the same [...]

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