Offshoring and outsourcing are the terms often misinterpreted to have the same meaning. But there is a slight demarcation between the two The shifting of production, manufacturing or services to another country that offers better competitive advantages such as lower costs and fewer regulations is called Offshoring.
Marketing Strategy: 7 Steps To Market Segmentation
Market segmentation is widely defined as being a complex process consisting in two main phases:
Putting Professionalism back in Management Consulting
There has been a change in business change consulting. Professionals who did things their own way were replaced by inexperienced staff who faithfully followed a methodology to produce contract-satisfying deliverables. We need a new consulting model so that consultants can work in partnership with the enterprise to leverage enterprise capabilities and put professionalism back in management consulting.
Replacing administration with capital management
Enterprises today do not manage capital. Capital is placed under administrative functions or responsibility counters. Enterprises can gain by properly managing capital and utilization of capital for benefit.
Strategic Project Management A Competitive Advantage
Recently, a number of the world’s leading project management organisations have taken major initiatives to enlighten executive management about the strategic importance and benefits of project management. The focus is to move from individual project management to organisational project management, which these organisations maintain is a strategic advantage in a competitive economy.