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loopholes in operations Tagged Articles



Marketing Myopia- DANGEROUS
marketing myopia at MARKS and SPENCER INDIA-KOLKATA

Other loopholes in operations Related Articles

Why Good PR Warrants Your Attention
Success in any form is worth managerial investigation and, perhaps, adaptation to a manager's operations.
Top Ten Business Systems Necessary to Run a Business Profitably
Good systems support the business owner by helping him/her to make good decisions. Every business has several key systems that when run properly will help the business to be profitable. Monitoring the systems and watching key measurements in the system will help the owner to know when to make changes and when to keep doing the same things. Having an operations manual for your business will allow you to have one place to go when you want to redefine a process or update a key measure. The operations manual is also helpful to new employees as they begin to learn how your business works.

Lesson #1: Respect Can Reel In Greater Returns
In the world of corporate greed, where the up and coming often learn more about finding the loopholes than following the law, Jim Sinegal sticks out like a sore thumb. Named one of BusinessWeek’s “Best Managers” in 2003, Sinegal maintains one of the lowest salaries compared to other CEOs at his level, while Costco workers are among the most highly paid in the industry. Why did he decide to turn Wall Street on its head by following this model, and how did he manage to make such a venture, one that defies conventional business logic, not just possible but also profitable?

Operations Plans
Why should small companies have an operations plan?
Should you fire the voice mail guy?
Let's say the person in charge of your retail operations does the following every single day:
Project Management for Internet Marketing: What Is A Project?
Creating a new web site is a project; managing that site once it's up and running is operations. Seems clear enough, right? Those of us who live in the real world know that very often it's hard to tell when the project stops and operations begins.
A Smooth (Business) Operation
Every business has its operations, whether they are highly organized, in disarray, or somewhere in between. Your business operations are HOW you design, produce, deliver, support, and maintain the products and services your business offers. The purpose of having business operations is to document, manage, and improve repeatable processes and systems that make your business sustainable, efficient, and profitable.

Symptoms of Corporate Strategy Misalignment
Strategy misalignment is subtle and sometimes difficult to spot. Yet without a properly aligned corporate strategy, you are likely to introduce a serious dose of chaos into the organizational environment. Corporate strategy is the blend of strategic goals that support the mission and vision of an organization. When a corporate strategy is aligned, the key outcomes (strategic goals) of the organization are united with operations and execution tactics. In other words, all parts of the organization’s eco-system (the sum of internal and external functions of an organization’s environment) are moving in the same well-defined direction. When strategy is misaligned operational initiatives are out of sync with the strategic goals of the organization, mission drift occurs within the operations of the business,
Your Rules of Business
Do you have a set of rules that you use in your business, that go beyond just operations? These may or may not be something you'd add to your business plan, but do need to be integrated into your operations. They are the standards, and guidelines for how you do things, to what standard, and why. And hiding behind the position of being 'creative' does not excuse you from having these - in fact, creative type managers and entrepreneurs need these the most!

Lining Up The Pillars Of Your Strategy: Syncing Strategy With Operations
Is your organization’s strategy embodied in your business operations? How confident are you, as the champion of your strategy, that it is on track within the layers of your business operations? Strategy alignment is the synchronization of strategic goals with operations and execution tactics. Strategy “misalignment” occurs when operational initiatives are not in sync with the defined strategic goals of the organization. Most organizations inherently suffer from some amount of immaturity and unsophistication in their planning process, and this directly leads the the misalignment issue you want to avoid.
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