Read e-book online Actionable Strategies Through Integrated Performance, PDF

By Stephen S Bonham

ISBN-10: 1596931191

ISBN-13: 9781596931190

Exhibits pros the best way to combine functionality, strategy, portfolio, undertaking, and hazard administration so their businesses can reply extra swiftly and successfully in a hugely aggressive atmosphere. This quantity explains how approach portfolio administration builds a company knowledgebase that controls methods.

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Additional info for Actionable Strategies Through Integrated Performance, Process, Project, and Risk Management

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This stage and Stage 6 can be considered forms of realignment in the STaRS model. Stage 6: Integration As with the consolidation in Stage 4 through culture management, so we have integration in Stage 6 through centralization of management systems and processes. Stage 6 companies can be seen as scaled-up versions of Stage 4 companies. The difference between the two lies in the complexity of the increased size of Stage 6 companies. In these larger corporations, different SBUs work on developing common, or standardized, operational and management control systems and informational communications systems.

As a result, a balance should be maintained that avoids creativity- stifling bureaucracy but also diminishes the chaos that can result from unchecked entrepreneurship. Stage 3 companies, according to F&R, typically range from $10 to $100 million in sales for manufacturing companies. Coincidentally, this also falls smack in the middle of what Jay Ritter, Cordell Professor of Finance at the University of Florida, considers the point at which a company can consider going public. Specifically, he states that a company shouldn’t even think about making such a move until they are realizing at least $50 million in revenue [12].

Is business technology as “plug and play” to a company as a mouse is to a computer? ” While this may lead to a lot of pain resulting from organizational change, the pain can become acceptable to the troops because they are told it is necessary to improve the success of the company. With PePPR management systems, on the other hand, the benefits to the company are harder to explain. Since the true beneficiaries of such systems are perceived to be management, the sales pitch for organizational change can be more difficult.

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Actionable Strategies Through Integrated Performance, Process, Project, and Risk Management by Stephen S Bonham

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