Slavish adherence to vogue can limit access to, and use of, knowledge

Article Abstract:

Many companies are streamlining operations to decrease costs but may also decrease growth opportunities. The company becomes part of a network comprised of workers, suppliers, customers and investors. These changes are not in great evidence in Australian companies and work well in static domestic markets. These changes also assist a company to maintain a strong market presence.

Organizing Business, Industrial management, Reengineering (Management)

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Stimuli and stumbling blocks in a new venture

Article Abstract:

Not every idea represents and opportunity, and an opportunity is not necessarily suitable for all companies. Most viable opportunities result from change, needs, or problems. Every aspect of a business presents a source of opportunity. One basis for improving a company's competitive position or developing a new business is to identify the company's special competencies.

Planning & Information, Analysis, Business planning, Information management

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No change, no future

Article Abstract:

It is common for executives to resist change. They focus on day-to-day challenges, not recognizing that they need to have a long-term strategy of adapting to new circumstances.

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