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Written by
mightytm
Diversification
october91
Aug 11
Cobbler, stick to your last! The old saying contains sound advice. The fewer types of activities a business has, the easier it is to ma...
Social Innovation: Research Laboratory
october91
Aug 20
Management is increasingly becoming an agent of socially beneficial innovations. The research laboratory was conceived and created in New...
Intentional Obsolescence
october91
Aug 18
Deliberately presenting a product, process, or service as obsolete is the only way to cut off competitors' actions. Innovative companies ...
Growth
october91
Aug 14
Increasing production volumes without improving overall efficiency amounts to excess fullness, which needs to be eliminated. Management m...
The Orientation of Innovation
october91
Aug 19
Often, a medicine developed to treat one disease gains fame by proving effective for another condition. Frequently, a new venture achieve...
Eliminating Sources of Costs
october91
Aug 6
Will the sky fall if this job isn’t done? Regardless of how well a company controls cost inflation, it must reduce costs. Enterprises are like people...
Inadequate Size of the Enterprise
october91
Aug 13
An enterprise of inadequate size lacks the necessary market niche to ensure its survival and prosperity. Inadequate size of an enterprise...
Managing New Ventures
october91
Aug 15
A new project is like a child, and children need care. Innovative actions, particularly those aimed at developing enterprises, products, ...
Continuous Cost Control
october91
Aug 7
The essence of cost control is not in reducing costs, but in preventing them. It is essential to understand that a company's economic efficiency depe...
Cost Control in an Emerging Business
october91
Aug 5
What return can be achieved from a new company if it succeeds? And how much investment can be justified? Investments are needed to ensure business gr...