Competitive advantage can be differentiate on the basis of the two points
i. Values drives
ii. Cost drives
Value and cost drive can be differentiate on the basis of the so many factors-
* Quality based
* Service based
* Delivery
* Technology
* Customization
* Geography
* Risk Assumptions
* Environmental policies
* Network externalities
* Brand or reputation
* Complementary products
And the Another factor which based on the Cost Drives
* Scope economies
* Scale economies
* Learning curve
* low input cost
* vertical integration
* organizational practice
For the competitive advantage is differentiate their products and services in two basket but the micro analysis based on the above points .
Saturday, August 23, 2008
Competitive Advantage
Saturday, August 16, 2008
How to deliver the under budget project with satisfied customer
Project management is the technique to finish the project within time, with limited and optimum resources, above all with satisfied customer. To achieve this there are five tips-
1. Believe in Team work.: Manager delegate his work which he can handle and involve in the work which cannot be handle by team. and he should always have time to answer the queries of the team. Ready to motivate and review the step towards the goal.
2. Expect the unexpected: always ready to deal with crisis and unexpected happening. It will save the time if handle the crisis on time.
3.Honesty is best policy: Most of the cases always clarify the doubt of the clients and clear your position regarding the time frame and resources.
4Lead the team: always ready for the team to motivate and boost up the energy by the performance appraisal and provide the some group activity.
5. Need a smart work not a hard work.
these points can ad up to provide the project on time...
Sports is good career opportunity
As the day by day the sports popularity increasing in India. It gives the better opportunity than other routine opportunity.
Now a days sports activity like cricket( ICL and IPL ) provide a lot of money along with the Fame. this is better opportunity than the routine career. A country can not be get the strength by one thing until or unless it will not come in all direction.
we are doing well in some the area well but in the sports we are worst one. How we can motivate the youngster to make the alternate career as sports.
The similer way the choice of the students career is decided by the parents. This is the reason that spots are the last choice of the candidate even though the life of the sports man his peak period is small but after that he can become good coach and trainer.
So really if you want make really India shining so we have to promote the sports. Those who are donating money to the trust better we can also sponsor the sports man by which they will motivate and come in front line
Great ABhinav....
Great Bijendra and Jitendra.....
Saturday, August 9, 2008
Strategies Making
This is strongest tools of the industry which can be develop by the human being with data analysis and visionary leaders.
If we think what is strategies?
If we compare two company with same infra and resources then one company reached the apex and another in loss. Here strategies play a role.
Strategies gives a firm three benefits
1. It is source of economic gain
2. Frame of resource allocation
3. it guides the firms decisions regarding management and organization.
And on the other hand the three general factors which determine the firm profitability
i. Macroeconomics forces
ii. industry factors
iii. firm market potions.
So strategies which change the face of the organizations are the human factor.
Sunday, August 3, 2008
Procurement management
Procurement is the process to procure the material and services to produce the production and services.
So basically there are a lot of diffrence in the service procurement and material procuremen
For material procurement management the following important categories play a important role-Procurement Management treats the term 'Procurement' as an umbrella, embracing a series of building blocks, of which four in particular -
* Logistics and Inventory Management
* Internationalisation of Business, Sourcing and Competition
* Integration of Supply Chain Operations, leading to development of Procurement as a source of Profitability and Competitiveness
* Integration of Supply Chain Management with corporate Marketing Orientation
These are the main points which cover the complete supply chain management which are required for the procurement.
Saturday, July 19, 2008
Important question for successful employee
Almost cases i observe that Aptitude and attitutde is key factor of the success of the employee and employer or visionary company.
As employee to understand the performance the employee to check the following question for honest answer..
1. What has been your greatest achievement on the job?
2. What are you happiest doing?
3. What three things could we do to make this company more successful?
4. What excite or motivates you?
5. what would you do if you ware leading this company?
above all the question most of the times employee as well as Boss missing the listening quality. they feel to intrupting on the discussion shows that they are more intelligent and understand the process but they forget that they are lacking and not understand the case which was about to discuss by important and experience person.
above all the listening is great quality of the successful employee..
Sunday, July 13, 2008
How to understand the System Thinking:
How to understand the System Thinking:
The system is consist of the
1. Individual
2. Team
3. Organization
What is system?
A network of intracting elements that work together to carryout an objective, purpose and intentions. The above individual, team and organization is play the role in diffrent way to achieve the above.
What is input?
The people with their ideas, reasoning skills and talent+ money, material and equipment.
What is processing capacity?
The way to use the input to find the objective by the given operation. The system ability to transform inputs to desired products, services and knowledge.
this is called the processing capacity.
What is the output?
The achievement of the objective is called the output.or what the system delivers that becomes the input to other systems or that is recycled to to the environment.
What is feedback?
Feedback is the backbone of the process improvement and quality. The camparison between the deisred output and result. The diffrence which comes out in the output is called the feedback.
What is control?
The system ability to sence deviations from the desired output and to act on this feedback to minimise the suggetion.
Saturday, June 21, 2008
India's inflation
As we all are aware that the infletion rates are changing rapidly. this is affecting all over the world. In this case how the India's inflation accelerated to a 13-year high after record crude oil costs forced the government to raise retail fuel prices for the second time in four months.
* Wholesale prices jumped 11.05% in the week to June 7, after gaining 8.75 percent in the previous week.
> Economists surveyed & analyzed and predicted a 9.79% increase.
Last 8.75%.Prime Minister Manmohan Singh increased retail prices of gasoline and diesel this month, joining China , Indonesia , Malaysia and Sri Lanka , as a near doubling of crude oil prices pushed up costs and threatened to erode profits of companies such as Indian Oil Corp. That may make the government less popular before elections due by May 2009 and force the central bank to further raise interest rates.
All Commodities 11.05%
Primary Articles 10.78%
Fuel, Power, Light 16.25%
Manufactured Products 9.09%
This is unexpected problem for the India where the Finance department and Top body is run by the expert of the Economist.
lets share your view may it click and change the scene of the world.
Saturday, June 14, 2008
Global Business Goal
Goal for the Global Business is
*Survival,
* Success
*and Vertical and horizontal Gowth.
To achieve the above points honesty, no over committment, maintain the value and brand name, no cheating.
Do the business by the proper planning. in addition to we have to eradicate the weaknesses problems on the spot if possible difficulties errors and mistakes. if we are able to solve the problem then no one can stop us to growth.
Objective and Goal
Goal for the Global Business is
Survival,
Success
and Vertical and horizontal Gowth.
To achieve the above points honesty, no over committment, maintain the value and brand name, no cheating. Do the business by the proper planning.
in addition to we have to eradicate the
weaknesses
problems on the spot if possible
difficulties
errors
and mistakes.
if we are able to solve the problem then no one can stop us to growth.
