Tag: business planning

Cost Management and The Supply Chain
Business planning

Cost Management and The Supply Chain

The current global economy is characterized by the doctrine of survival of the fittest and marked by the changing face of the business environment. Currently, each company strives to remain relevant amidst such a competitive environment. One of the assured ways for this to be achieved is for quality products […]

Basic Business Planning Strategies
Management

Basic Business Planning Strategies

There are a number of reasons why planning is necessary: 1. The future is not an extension of the past. 2. The rate of change in the marketplace will continue to accelerate. 3. Technological progress is taking place at an extraordinary rate. 4. Regulatory issues require constant attention. 5. Population […]

Scenario Planning in Business
Management

Scenario Planning in Business

Nearly 32 years ago, the science fiction writer, Isaac Asimov, wrote: ‘No sensible decision can be made any longer without taking into account not only the world as it is but the world as it will be.’ This sentiment is now enshrined in business strategy, as organisations increasingly turn to […]