Over the last 30 years, both the idea and theory of corporate management have changed a lot. Business process re-engineering, strategic management, lean thinking, agile manufacturing, the balanced scorecard, and blue ocean strategy are just some of the new ideas and methods that have come about as a result of the disruption of business norms. […]
Supply chain management is based on the idea that almost every new product comes from the work of a supply chain (SCM). Even though supply chains have been around for a long time, most businesses only recently realised how important they are. In this case study, we show how supply networks that work well help
People make about 20,000 decisions every day, so knowing how to make decisions is important in any situation. But the heart of a company or group can’t be compared to anything else. Ability to make decisions is important for the success of any business because it helps people come up with new strategies, realise new
Option selection is a big part of management and administration. A decision is made by weighing the possible outcomes and choosing a course of action, or not taking any action at all. It means making choices after carefully thinking about everything that matters. Any business that does well needs a manager who can make a
Top 10 – Principles of Decision Making in Management Read More »
