This is a 1982 business management book written by Tom Peters and Robert H. Waterman Jr. looking for traits of successful companies.
Super Business Manager
While some types of intelligence may be more prominent depending on the industry or role, each one plays a part in achieving success.
Organizational structure and business functions are two important concepts in business management. While related, they are not the same thing.
The roles and responsibilities of different types of employees in a business can vary depending on the industry, size and structure.
After deciding on the future direction of the business, its vision and mission, aims and objectives, the business must now conduct strategic implementation.
Strategic choice refers to choosing the option to get where the business wants to be from previously identified opportunities.
Strategic Analysis refers to analyzing where the business is now by looking at its current situation, and where it aims to be in the future.
An informal organizational structure is the network of personal relationships and social connections that develop within every business.
A typical organizational chart is a diagrammatic representation of a business’s formal organizational structure in the form of a chart.
I have been managing our family finance a private wealth manager for over a decade. Here is a brief summary of our family finance.
The formal organizational structure is a deliberately planned structure of roles, authority relationships and communication channels in a business.
My wife and I have reached the status of financial independence for our family starting from 2022 as our FI Ratio was 100%.
Product Service System Models offer a function of a product rather than the physical product itself. Focus on needs of consumers.
When it comes to financial independence, you can afford to do what you like not what you have to, and work for something else than money.
Sharing Models rely on offering services where customers share products, resources or assets rather than owning such items for themselves.
Product Life Extension Models aim to extend the life cycle of their products in order to reduce the use of finite resources needed to produce them.
Resource Recovery Models focus on recovering and reusing resources from waste streams. This can be done through a variety of methods in a sustainable way.