Adopting the Right Methodology for Job Execution

While performing any process, standard skills and resources are required. It might be possible that whatever you need,  you may not get inside your firm.  And this is the time when firms turn towards M&A alliance and licensing agreements. However, from the last 20 year study has shown that out of 162 multimedia companies only 49 are actively using the resources that are available, rest are relying on developing resources in house. When they were asked why they do so? Their simple answer was that they find fault in their strategy or lack skilled manpower. Instead of looking into new opportunities, blaming your strategy leaves a lot of scope to grow. According to Bloomberg limited only 26% companies forces on M&A and 36% on alliance and 12% still stick to their in-house preparation. While deciding whether to develop a new contract or going with existing internal resources one can ask 3 portions to themselves.

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Significance of Being Powerful

Lisa Weington, director of Zurich cancer centre is planning to boost the institution by delivering a single centre for all the tests needed by any cancer patients so that when a patient comes with abnormal symptoms in the hospital they must leave with proper medications and treatment plan. For this she needs to indulge every department of the hospital in her plan. Although she is a director, still everyone has its own plan and she has little say in everyone’s personal project. We cannot compel anyone to perform something out of their work. In such a situation what Lisa actually needs is ‘Power’. To implement strategies she needs her positional power to pursue everyone towards single goals. “Power was my first significant focus even when I was teaching at Harvard. I let my students use tools and ideas and even enable them to bring change in their careers”.

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Synchronizing and Execution of Principles to Achieve Results

The well established notion that strategy and execution is two faces of the coin has become a foil concept. 2nd grade strategy and the first class execution is always a preferred choice over first grade strategy and the second class execution. Most of the strategy often fails because they are not well executed. The study by Richard and Jason that execution is the key to the success of strategy is flawed in itself. It restricts employees from asking questions to their superior which could raise a lot of unnecessary doubts and poor implementation. Also Richard and Jason theory allows firms to blame their employees for their ineffective execution and failure. To understand it more one needs to take a brilliant strategy that is being poorly executed. So the question raised is how brilliant the result is poor. The aim of this strategy is to generate positive scope and even if it does not deliver desired results yet it can be brilliant. It can be possible that brilliant strategy can work for other companies so brilliant strategies are those whose results are exemplary.

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Advantages of Alumni Networks

Alumni new turn out to be an especially effective and kind of social network. With mushrooming educational centres around the globe, one way to stand out from domestic and international competition is by promoting its brand and institutes alumni are its best option connecting alumni networks for business always work.

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Benefits of Adopting Open Source Strategy

Your open source strategy connects the plans for managing, participating and creating open source software with the business objective that the plan serves. The most important thing in C suite is to align your open source strategy with the company’s goal. One element of the strategy is to decide, where to contribute? Which open source projects are strategically good for your company? Is there a project that your operation team loses to run your critical enterprise infrastructure? How many people do you need and what skills are required?

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What is Mutual Resource Utilization and How Does it Work?

Mutual consumption is the shared use of goods or services by a group. For more than a decade Uber and Ola are sharing their ride services. It is a form of peer-to-peer sharing, renting. It allows consumers to obtain resources that they need, while also allowing them to provide resources that other needs have not been fully utilized. It can be seen in society in numerous ways like lending, battering, renting, gifting, swapping, banking etc.

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Tips to Be a Perfect HR

How many politicians convey their political agenda, how any business entity design products according to the consumer choice. This art of finding out what people think is called polling. Statistics play an important role in understanding people and grabbing their attention. There are several traditional methods of doing surveys that are losing their effectiveness now and hence restructuration of opinion polling need to be remade. Response rates are declining, it might be because of advancement in technology which can filter junk calls, find unknown IDs and also people willingness to participate in polling is also declining. So it is making it harder for polster to make polling.

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Art of Investing in Underdog Ventures

We have seen in movies that sometimes underdog characters won the best performance award. Even in the corporate world sometimes underdog companies win races against many established companies in the same product. Underdog ventures seek to set a standard for leadership and a high creative environment through their work with high net-worth social investors or profit minded CEOs. Underdog ventures add two ingredients to their marketing: first is creation of growing and second is the importance of combined work power.

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Getting An Idea of Military Leadership Skills

Leadership in the military has come long before our corporate world has. Military leadership is the process of influencing others to accomplish the mission by providing purpose, direction and motivation. It lets you know the strength, capability and weakness of your subordinates. America and Russia are already incorporating leadership training in the military from several decades. The United States armed forces produces some of the best leaders in the world. Selflessness, knowledge and commitment, these are the critical things that  are important not only in the military but also in the corporate world. That is why many big companies now seek officers to train their employees. Colleges seek it to their students. Aana Grace and Billie Beth both invited Russia’s joint military staff to visit their campus and guide the students.

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Multi-tasking Makes Better Leaders

To lead u have to be multidimensional

In the fast changing world everyday a new crisis and new complexity arises. Leaders need to stay objectively alert in order to make strategic decisions with reference to circumstances and variables. Leaders’ objective changes according to the situation, like if oil spills in the ocean, what are the factors that one needs to take care of ?

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