Strategy

Lessons n developing and changing the strategic direction of businesses

metal manufacturing exhaust vents against a blue sky

Managing capacity in a make-to-order environment

on In a ‘make to order’ environment products are tailored to the specific requirements of customers. As is often the case, managers are focused on keeping the production staff busy, sometimes pulling orders forward when demand is slack. This risks customer’s changing requirements resulting in rework or scrap. When demand is high, lead times stretch, resulting Read More...

Would your strategy survive the Harvard stress test?

on With poor prospects for economic growth and rising inflation, now would be a good time to assess the effectiveness of your strategy to weed out inefficiencies. Robert Simons, writing for the Harvard Business Review, suggested you ask seven questions: Primary customers. Have you identified them and are your resources lined up to deliver high quality service Read More...

Growth Works

on We are delighted to be working with Growth Works – an exciting programme supporting growing businesses in Cambridgeshire & Peterborough to help accelerate and sustain their success. They are offering our clients the opportunity to benefit from an exclusive discount on our quoted work / service fees, so you can access our expertise to help Read More...

What Comes First: The Strategy or the Goal?

on And where do the objectives fit in? A simple overview is that the business strategy is what connects goals with objectives.  Organisational leaders will work towards conceiving the strategies, identifying the supporting objectives that will direct the business to the principal company goal.  This strategy is required at the SME business unit level in order Read More...

Were Vikings the 9th Century Entrepreneurs?

on According to recent publications (see this Vikings Law poster) the people from northern Europe who went Viking had a set of Laws. These laws were categorised under 4 headings: Be brave and aggressive Be prepared Be a good merchant Keep the camp in order These laws lay out guidance that, when roughly translated, could well Read More...