The Future of Lean Sigma Thinking in a Changing Business Environment

2018 ◽  
Author(s):  
David Rogers
2017 ◽  
Vol 9 (2) ◽  
Author(s):  
Dwi Idawati ◽  
Arya Hadi Dharmawan ◽  
Sjafri Mangkuprawira

The key challenge for the telecommunication business industry in the global world’s is “assuring competitiveness and profitability” for their companies in turbulent environments. Never in history has the pace of change in the business environment been as rapid as it is now. Recent developments such as the global marketplace, customers’ demands that are differentiated by different buying power and product preferences in this environment, technological leadership is one of the key success factor. New technologies and new industries develop rapidly and customers are prepared to pay for the most newest technology. The company’s strengths and successful strategies of the corporate leadership in the past are likely to remain relevant in the future. The research findings revealed that the turbulent environment level in the mobile telecommunication industry was in the discontinuous –strategic level, where the future is not extension of the past. This environment situation facing by Indonesia’s telecomunication industry need the corporate leadership to challenge the organisation survival. This research is based on the qualitative descriptive method by using data obtained from telecommunication industry experts and secondary data.


2018 ◽  
Vol 6 (1) ◽  
pp. 52-62
Author(s):  
Nofrizal Nofrizal ◽  
Prama Widayat

This research aims to formulate and select BMT Al- Ittihad Rumbai strategy to face the changing of business environment both from internal environment such as organization resources, finance, member and external  business such as competitor, economy, politics and others. This research method used Analysis of EFAS, IFAS, IE Matrix, SWOT-8K Matrix, SPACE Matrix and TWOS Matrix. our hope from this research it can assist BMT Al-Ittihad in formulating and selecting strategies for the sustainability of BMT Al-Ittihad in the future. The sample in this research is manager and leader of BMT Al-Ittihad Rumbai Pekanbaru. The result of this research shows that the position of BMT Al-Ittihad using IE Matrix, SWOT-8K Matrix and SPACE Matrix is in growth position, stabilization and aggressive. The choice of strategy after using TWOS Matrix is market penetration, market development, vertical integration, horizontal integration, and stabilization  


Disruptive leaders possess a deep understanding of the nonobvious. Developing solutions with a heightened creativity, solving problems and addressing risks, finding the right tradeoffs, and recognizing the wicked opportunities in the wicked problems, disruptive leaders scan the environment, identify trends, and envision the future. Often, this is done by finding superior solutions, products, and services. However, this is done with a strategic process and plan. In our current business environment, right when we get comfortable, we find ourselves having to adjust to a major change that requires us to shift time, energy, and resources to solve a problem or stay ahead of the market, or change our market. Every change that we encounter creates winners and losers. If we are disruptive in our leadership, these changes can bring about fabulous innovation and create new technologies that benefit humankind. Building a disruptive organization is the best way to thrive. This chapter explores developing the disruptors.


2020 ◽  
Vol 74 ◽  
pp. 04004
Author(s):  
Tatjana Daudisa ◽  
Velga Vevere

Businesses today have to juggle between the need to survive due to increased competition and the pressure to become socially and environmentally responsible business entity. Consistent with the intensification of discussion about the importance of embracing CSR among businesses, the issues now has expanded to the concern over the future of CSR. In view of this, the future of CSR will depend on how the future generations perceive the importance of embracing CSR in business operations. The purpose of the current study is to research the business students’ perception of importance of ethics and corporate social responsibility courses within their curriculum. The quantitative research design is applied in the study – the target group survey using 7-point Likert scale questionnaire, nonprobability purposive sampling (n=131). The research question posed in the current article is the following: Does business students’ attitude towards CSR and ethics depend upon taking these courses as part of BBA and MBA curriculum? The result of the study – the mapping of students perceptions and attitudes towards ethical aspects taught at the university. The practical implications of the current study are of improvement of BBA and MBA curriculum to meet the needs of the 21st century in the globalized business environment.


2000 ◽  
Vol 20 (1) ◽  
pp. 83-92
Author(s):  
Brian Hilton ◽  
Andrew Williamson

2018 ◽  
Vol 46 (1) ◽  
pp. 10-15 ◽  
Author(s):  
Saul Berman ◽  
Philip Dalzell-Payne

Purpose The authors extensive field experience and analysis suggests that the traditional strategy approach is increasingly ill equipped for a business environment that is being radically changed by new digital technology. Design/methodology/approach They explore some of the ways in which strategy development approaches need to be revised to remain relevant in the world of artificial intelligence, digital reengineering and cognitive computing. Findings Digital technology is both a means to tactical advantage and the key to transformational strategic opportunities. Practical implications Today’s strategies need to allow companies to proactively discover what is going to drive customer value, and also spontaneously react to changing market conditions. Originality/value Re-conceptualizing the future with advanced digital technologies -- “Digital Reinvention” -- starts with working with customers to anticipate and characterize what, how, when and where they wish to engage in the future.


The Winners ◽  
2011 ◽  
Vol 12 (2) ◽  
pp. 154
Author(s):  
Purwanto Purwanto

Every company has to be able to adapt with the environment in order to survive in the middle of the condition as mentioned. Therefore, the management is supposed to manage their organization in a good manner and more professional to plan and control the company’s activities. PT. Jaya Indah Casting as a multinational company is selected as a study case for a research that aims to analyze the external and internal business environment; identify and evaluate business strategic implemented; find the future alternative strategic to be implemented by the company. The external business environment is analyzed by common business environment (economic, political, ecology and technology), Porter’s competitive forces, driving forces and key success factors. The internal business environment will be analyzed by SWOT method, organization structure, financial reports, process mapping, contingency plan and benchmarking, which altogether will be combined to formulate business strategic for the future. Results show that to survive the development and win the competition, PT. Jaya Indah Casting should implement growing strategic, operational strategic (new field and new product, new customer, quality and customer satisfaction), location and machine/tools maintenance.  


Author(s):  
Richard Straub

Earning and learning go hand-in-hand. In a business environment that is constantly growing and changing due to new innovations, advanced technology and market conditions, organizations must find new ways to enable rapid responses to the needs of their customers and the marketplace. This means having an adequately educated workforce that will not only respond to evolving issues, but even foresee upcoming trends and proactively pursue these arising challenges.


Author(s):  
John Cousins ◽  
David Foskett ◽  
David Graham ◽  
Amy Hollier

Assessing the achievement of an organisation against its aims and within the business environment leads to the requirement to consider making strategic decisions about the current operation and the future of the organisation. Strategy is the means by which organisations attempt to achieve their objectives. In most organisations there is likely to be a complex set of stakeholders concerned to influence the objectives and hence the strategy of the organisation. Rather than be too concerned about the right definition of strategy it is useful to develop an understanding of what different writers or speakers mean by strategy, i.e. what are the underlying concepts that they are trying to get across?


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