Today's professional must understand project management, marketing innovation, and how they fit in with business strategy.
One of my favorite tools for business is the Theory of Constraints (constraints management), but complimentary to that is another model of facilitating strategic business improvement called Business Process Reengineering.
Concept maps are graphical tools for organizing and representing knowledge.
They include:
Concepts – usually enclosed in circles or boxes of some type, and
Relationships between concepts – indicated by a connecting line linking two concepts.
First Solar grew from a 50 person company into a 1,500 person company in 5 years with further large scale growth in the pipeline.
Watch this eye opening presentation to find out how.
Notes from the book It's Not Obvious, by Eli Goldratt
Sales vs surplus was a dilemma that only a crystal ball could solve.
Purchasing. Inventory Turns. Stock aggregation. Replenishment.
Some thoughts on the matter of introducing TOC Marketing… (posted on LinkedIn TOC Marketing group here.)
Undesirable Effects
Here's a few expressed UDEs.
* Despite the logic of TOC, getting sufficient interest by the client to evaluate a solution and then make a change is not an easy sale.
Strategy is of paramount importance yet difficult for most to clearly define or explain.
The common view of 'strategy' and its counterpoint 'tactics' is that 'strategy is about the long-term whilst tactics are about the short-term.
In line with that view comes Tregos and Zimmerman who define strategy as:
I'm no Chartered Accountant. And I'm convinced that most accountants live in fantasy land just like most EU socialist politicians (had to vent that one)
Yet management accounts are important for senior management to control top line and bottom line growth.
The best kept secret breakthrough in marketing and business strategy is…
(drum roll)
TOC Marketing.
Or in full: Theory of Constraints Marketing.
Listen. If business growth is important to you, this may be your greatest discovery for 2010. Let me expla
