Scenario planning is one of the effective tool to analyze future prospective of your business. But that doesn’t mean that forecasting the future, it is looking at all the possibilities of the future. Your requirement to conduct Scenario planning Good team (5 – 8 members) who can think diversely Get 2 different colored of “Post [...]
Posts Tagged ‘Strategy’
Operational strategy of Heathrow, London Airport
London Heathrow airport is one of the world’s business airport in terms of international passengers traffic in second in the world in total passengers traffic. This airport is an example for efficient utilization of resources, terrific operational strategy. google.load(‘orkut.share’, ’1′); google.setOnLoadCallback(function() { new google.orkut.share.Button({ lang: ‘en’, style: google.orkut.share.Button.STYLE_REGULAR, title: ‘Operational strategy of Heathrow, London Airport’,summary: [...]
Total Quality Management (TQM)
This is an operation strategy used to achieve high level of performance and quality. The three principal of TQM are 1) Customer satisfaction 2) Employee involvement 3) Continuous improvement in performance The TQM Wheel Ref google.load(‘orkut.share’, ’1′); google.setOnLoadCallback(function() { new google.orkut.share.Button({ lang: ‘en’, style: google.orkut.share.Button.STYLE_REGULAR, title: ‘Total Quality Management (TQM)’,summary: (‘This is an operation strategy [...]
Product Planning using Quality Functional Deployment
Quality Functional deployment (QFD) is very important process to covert the demand of the consumer in the quality of the product to deploy those quality constraints into the entire manufacturing process or on subset of the manufacturing process. Initially this method was used in manufacturing, but later adopted into the service sector and lot of [...]
IKEA brand Success Strategy
Recently I came across to study the product positioning and selling strategies of IKEA. IKEA is a private held, international home products retailer that sells flat pack furniture, accessories, and bathroom and kitchen items in their retail stores around the world. The company, which pioneered flat-pack design furniture at affordable prices, is now the world’s [...]
What is multicriteria decision analysis?
MCDA is a technique aimed for the decision makers who are faced with numerous and conflicting evaluation to take a decision. We are doing lot of multi-criteria decision making in our day to day life. For instance if you want to buy a house, you will have ‘m’ number of criteria’s and at the same [...]
