scholarly journals Meaningful managerial action planning: The financial component

1983 ◽  
Vol 14 (4) ◽  
pp. 156-160
Author(s):  
J. G. Kotzé

An innovative orientation is a highly desirable characteristic of senior-middle and top management teams in business organizations. The formalized expression of such entrepreneurial flair may be developed in the form of action plans. Such plans consist of five elements, of which one, namely the financial component, is of prime importance. Three categories of action plans are distinguished and the evaluation of the anticipated financial impact of action plans within each category discussed. Finally, the integration of the anticipated financial results of action plans in the formal long- and short-term plans of an organization is described.

2019 ◽  
Vol 4 (4) ◽  
pp. 411-418
Author(s):  
Anna Orel

Introduction. Ensuring the sustainable development of domestic agricultural producers involves achieving and maintaining a sufficient level of economic efficiency and competitiveness for the implementation of expanded reproduction. This, first of all, implies the formation of an appropriate level of competitiveness through the creation of sustainable competitive advantages of products and manufacturers. This process is impossible without attracting investment resources and introducing innovations in order to create competitive advantages, strengthen market positions and increase the level of concentration of productive capital. The latter necessitates a comprehensive strategic planning, which would be based on the innovative orientation of investment activities. The purpose of the article is to form theoretical and methodological and applied principles of competitive strategies formation of innovation and investment development of agricultural production entities. Method (methodology). Methods of comparison, analysis, theoretical and logical generalization are applied in the course of research. The dialectical method of research became the methodological basis. Results. The author’s vision of the definition of “competitive strategy” is offered in the article. The classification of competitive strategies is developed. A model of a strategic rhombus is proposed as a theoretical basis for determining areas for improving the mechanisms of managing the competitiveness of agribusiness entities, which includes five elements: arena; conductor; differentiators; sequence; economic logic. The proposals of applied character concerning realization of competitive strategies of innovative-investment development of subjects of agricultural production are substantiated. Key words: competitive strategies, subjects of agricultural production; innovation and investment development; competitiveness management.


2020 ◽  
Vol 33 (2) ◽  
pp. 90-92
Author(s):  
Rose Raizman ◽  
Minette MacNeil ◽  
Rochelle Maurice

Canadian hospitals participate in provincial and national procurement processes to help reduce healthcare costs. This allows for redirection of funds to direct patient care, along with creating networks, integrating services, and improving innovative solutions. To be competitive, vendors offer creative solutions and provide free or low-cost supplies to hospitals with the hope that patients will continue to purchase those items when discharged. What is not always factored into the procurement decision-making processes is the potential financial impact of the supplies required for patients when discharged from hospital services and other ethical implications of accepting free/reduced-cost supplies. This column provides some guidance for health leaders in this respect.


2016 ◽  
Vol 11 (5) ◽  
pp. 815-815
Author(s):  
Yoshiaki Kawata ◽  

The 2011 Great East Japan earthquake has shown all too clearly that disaster management and mitigation measures seen from the viewpoint of protecting society are not sufficient for addressing a national crisis such as the projected Nankai Trough earthquake or Tokyo inland earthquake whose damage is expected to exceed the present estimated damage. Our study explores the weakness against disasters in how modern Japanese society uses “reverse thinking” in which investigates studying how large-scale disasters may adversely affect society and increase damage effectively. This process profiles the worst disaster scenarios that could conceivably lead to a national crisis. Classifying these worst scenarios, we suggest policies to the problems that are common to many scenarios, and we present action plans for individual problems. First, we conduct workshops for identifying damage magnification factors and evaluating their importance under the categories of human damage, property damage, and damage to social functions, unifying the awareness of research organization. Second, we have researchers on 1) mortality, 2) tsunami inundation, 3) liquefaction, 4) capital function, 5) evacuation, 6) required assistance, 7) lifelines, 8) high buildings, 9) information networks, 10) government systems, and 11) economic systems analyze damage magnification conditions due to hazard, vulnerability and measure aspects. Third, we sort potential final consequences and separate them based on commonality, and propose new policies and concrete action plans for preventing the occurrence of worst-case scenarios. This research is expected to give new paradigms in disaster management science and new ways of policy making and action planning that will minimize the undesirable consequences of catastrophic earthquake and tsunami and yield new knowledge on disaster processes and damage magnification scenarios. Most importantly, we conclude that it is necessary to have a new Japanese governmental organization, such as a Ministry of Disaster Resilience or a Disaster Resilience Management Agency, handle these national crises.


1980 ◽  
Vol 1 (1) ◽  
pp. 49-63 ◽  
Author(s):  
Lawrence R. Jauch ◽  
Richard N. Osborn ◽  
William F. Glueck

2019 ◽  
Vol 57 (2) ◽  
pp. 181-200
Author(s):  
Ivana Marinović Matović

AbstractExecutive compensations have a strong motivation role in contemporary business organizations. Adequate models of compensation enable attracting and retaining the high-capacity managers. This way, business organization conquers and maintains the competitive position in the context of globalization. It is necessary to align the executive compensation with the business organization’s strategy, which requires careful process of planning, done by the highest levels of management and ownership. The main objective of the paper is to explore and compare the structure and the level of executive compensation in the Republic of Serbia and EU countries. The paper focuses on executive compensation components, primarily long-term and short-term incentives, as well as sallary and benefits. A comparative analysis of executive compensation models was performed to explain the differences in the observed countries.The study found large and disproportionate differences in the executive compensation levels, conditioned mostly by the economic development of the observed economies.


Author(s):  
Ajay Kattepur

Autonomous robots are being increasingly integrated into manufacturing, supply chain, and retail industries due to the twin advantages of improved throughput and adaptivity. In order to handle complex Industry 4.0 tasks, the autonomous robots require robust action plans that can self-adapt to runtime changes. A further requirement is efficient implementation of knowledge bases that may be queried during planning and execution. In this chapter, the authors propose RoboPlanner, a framework to generate action plans in autonomous robots. In RoboPlanner, they model the knowledge of world models, robotic capabilities, and task templates using knowledge property graphs and graph databases. Design time queries and robotic perception are used to enable intelligent action planning. At runtime, integrity constraints on world model observations are used to update knowledge bases. They demonstrate these solutions on autonomous picker robots deployed in Industry 4.0 warehouses.


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