What should be an organization’s priority to achieve excellence: its processes or its people? Why? How do the two relate and interact? An organization’s priority to achieve excellence should not solely focus on its processes or people but on the interaction and synergy between the two. Processes and people are interconnected, and both play a…
The DMAIC (Define, Measure, Analyze, Improve, and Control) process and how it relates to Six Sigma project theory
Is intellectual property a true form of property? Why is it important for governments to protect it? Discover the importance of intellectual property and why governments around the world strive to protect it.
Growing a company by international acquisition can be a strategic move to expand its reach and increase its market share. Acquiring a company in another country can gain access to new customers, products, and distribution channels. Additionally, international acquisition can help a company diversify its operations and reduce reliance on a single market or region….
Now more than ever, it’s time to embrace business process management (BPM). What is the secret to improving efficiency and reducing costs?
What is Corporate foresight? Corporate foresight is the ability to see trends and anticipate future events that will impact the company. Leaders can help develop this ability in others by creating a culture of openness and inquiry, encouraging people to think about the future, and providing resources and opportunities for experimentation. Organizations can benefit from…
Lessons in sequence and priority from the most important to the less important that you as a leader would want to learn from In today’s business world, there are many different things that you, as a leader, need to learn to be successful. However, not all lessons are created equal. Some lessons are more important…
New small business owners make mistakes. Here are several common business mistakes to remember as you work on your business.
Samsung is a company which has earned its wealth through long-term thinking and investing in the future.