MANAGING in the

NEW WORLD

 

Source:  https://hbr.org/2016/08/the-best-platforms-are-more-than-matchmakers

 

Source: https://hbr.org/2016/07/how-to-create-an-exponential-mindset

 

Source:  http://blogs.wsj.com/experts/2016/06/21/the-27-names-strategy-for-recruiting-new-employees/

 

Source: http://app25.saymails.com/skylinecollege/admin/index.php/manage/templates#inline_content 

Intuit has been amongst the oldest companies within the IT industry but have survived by constantly reinventing and disrupting themselves. Technologies have rendered several old firms as redundant such as Bethlehem Steel or Kodak, but some that have challenged themselves, have emerged in a different shape. For such companies, business innovations are not seen as threats but as opportunities to grow their own operations. Online booking as a challenge to traditional travel agencies led to American Airlines stimulating the rise of Travelocity. Even Netflix has successfully reinvented itself to be amongst the top companies in its own industry. Source: http://fortune.com/2016/07/19/business-leaders-disrupt/

Six companies have been identified that use unconventional means but are successful sellers. These companies are ones to watch out for as soon they will do much better business than presently. The first of these is Memphis Meats. Their process has solved the humongous problem of the terrible energy input to protein ratio that beef production requires through a method food is created off the animal. Then there is Local Motors that uses modern day clean technologyto reinvigorate vehicles from the 1950s and 1960s.Recentlyitcustomized a 1954 model Corvette. Modumetal develops metal uses electricity and not heat. It has started the disrupting the traditional metal production systems, unchanged over millennia in principle. Business research anchored by the Economist claims that per unit a rhinoceros horn is more financially valuable than are diamonds, gold or cocaine. This trade being illegal though, stepped in Pembient creating synthetic rhino horns and selling for massive profits. This list is completed by Sensoria which creates business analytics out of massive data collated from the human body which uses wearable technologies. It is an app that tracks heart beat data, foot landing, running speed and other fitness metrics.

Source: http://customerthink.com/selling-six-audacious-companies-to-watch/

The word corporate strategy has long been identified as a slow, lumbering process. It has been associated with bureaucracy and thus there is a genuine need to speed up the process. For that as a first step it is the need of the times to reduce the business analysis. Due to the enormous chunks of data now available, there is a tendency for organizations to pore over and analyze too much rather than getting on with the work. In similar fashion, organizations conduct way too many meetings, many of which do not yield the desired results. Thus meetings need to focus on actual things, end on time and not linger on. Perfection at work may not be achieved soon enough. Till then focus has to be on progress at work. Teams may be better suited to finalizing business deals, but for aspects requiring creativity such as designing of a marketing campaign, it is pertinent to tap individual talent. Thus the management must know when to turn to teams, and when to maverick individuals. A culture of rewarding good implementation of such must be implemented so that all gear up towards more efficient a strategy process.

Source: http://www.forbes.com/sites/falgunidesai/2016/07/13/the-digital-economy-rewards-speed/#744702fd6210

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