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managers

Strategic Management is Crucial for Achieving a Competitive Advantage

by Shamsul April 3, 2022

Strategic Management Meaning and Concepts

Strategic management consists of the identification and explanation of important policies. Managers of any organization or firm utilize them to achieve the company’s goals. It is crucial for achieving a competitive advantage. The competitive advantage of any company is based on its profitability.

Another definition of strategic management is a bundle of acts and decisions that a manager assumes. These factors decide the future of the company in the competitive market. The managers should have the idea of building a great strategy for the company in order to make the best possible decisions.

Strategic Planning Tools

There are so many strategic planning tools, such as SWOT Analysis. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. By conducting this analysis, managers can make the right decisions in favor of the company. Strategic management is a great thing to prepare for unpredictable and unrealistic situations. Both small and big organizations must build a strong strategy to cope with future threats. Small organizations can compete in the competitive market by implementing the right strategies.

Strategic management is a way of attaining goals and objectives. It includes the right decisions and implementing them. It decides the future direction of a company. Also, it helps to recognize the path on which a company is moving.

Strategic Management:

With strategic management, managers can evaluate and control an organization’s business. An organization can identify its competitors, set goals, and utilize the potential opportunities. Regular follow-up is necessary to check whether the implemented strategies are working or not. Then you can change strategies accordingly. In several scenarios, there are some other strategic planning tools like PESTLE that helps to identify the macro business environment of the company. PESTLE is an abbreviation for political, economic, social, technological, legal, and environmental factors.

On the other hand, strategic management provides a clear idea to a company’s workers. They can easily understand their roles to achieve the target. As a result, they work hard to achieve the company’s objectives and maximize their performance. In short, strategic management also combines employees with the company’s strategies.

Furthermore, in this working climate, the workers feel more committed, satisfied, and loyal. Indeed, they can co-relate them with the company’s tasks. Their ability to face challenges becomes strong. It is imperative for workers and managers to do their job effectively. They must be efficient as well as effective. Strategic management helps to keep you on track and motivates you to achieve your targets or goals.

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STRATEGY – IMPORTANCE, DEFINITION, AND ATTRIBUTES

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April 3, 2022 1 comment

Management Marketing

The Status of Commissioning and the Technology Evolution

by Shamsul November 25, 2019

Commissioning has always been a crucial part of most projects. The managers involved in these activities have the task of ensuring that all the standards are met before they hand over the project as part of their commissioning roles. Technology has been integrated deeply to make commissioning management systems better and easier to conduct.

The managers, therefore, have a lot to learn and to teach those below them. It is evolving continuously and most of these changes cannot be avoided. Otherwise, they will be left many steps behind.

This article looks at the evolution of commissioning and the surrounding technology. It will also examine the future of commissioning.

Past Commissioning Technology

In the past, commissioning managers had to cope with a lot of paperwork. All the checklists prepared on hard copy files, which were cumbersome to carry around the work sites.

During the evaluation processes, the devices were not adequate either. The level of accuracy was relatively low compared to what we have now. Also, inspecting a project and preparing a report would take significantly more time than today.

With time, technology has changed this sector at a fast pace. Managers with many years of experience can attest that things are significantly better today. The building and construction industry is now totally a different sector. The commissioning managers have all the reasons to thank technology.

Current Commissioning Technology

Young managers who are just graduating from schools are having knowledge and skills to embrace technology in making their work easier and better. Those who have been in the field for a long time have no option other than to change with time.

The uses of apps and software that plan and organize work have dominated the sector today. Managers can now move around with smartphones that carry all the information they need. This information includes checklists, reminders, work timelines and reports. They can easily make a presentation using a phone and a projector. If not, they will use their laptops to do this.

Technology has indeed closed a large gap in the commissioning sector. People now require innovative projects that involve a lot of details. With technology, checking the standards is easier. Also, technology has reduced the timeline to deliver results without compromising quality.

Some of the activities are synchronized to report directly to various groups once the project is complete. It is indeed a great transformation and evolution.

Future Commissioning Technology

People in project management and the innovators of technology are working closely to come up with even better ways of doing things.

Better apps that are even more intuitive to use and connected with all parties are near to release. Smart cameras that will detect faults and areas that need corrections are also on the way. All these are good to assist people in making rational decisions.

Commissioning remains a paramount stage in any project, and evolution in technology is serving it very well. It is a good thing that this sector is not behind even by one step. This way, we can only expect a brighter future.

November 25, 2019 0 comment

Business

Importance of Commissioning in Technology

by Shamsul September 30, 2019

Over and over again, commissioning has been one vital aspect of the majority of projects. Managers who are part of this endeavor are responsible for making certain that every standard is met, prior to their transferring the task as a portion of their duties of commissioning. Technology is now part and parcel of improving systems for commissioning and making them less difficult to organize.

As a result, such managers have so much to study as well as impart their subordinates. It is changing continually and a large number of these alterations are unavoidable. Failure to adapt to such changes will leave them far behind.

This write-up studies the changes of commissioning, in addition to the associated technology. Furthermore, it will analyze the prospect of commissioning.

Previous Technology for Commissioning

In times past, managers assigned to commissioning had to grapple with so much form filling. All their filing was done on tangible files. This was difficult to lug about from one work site to another.

At the assessment process, the tools were equally not sufficient. The degree of exactness was more or less lower than it is currently. In addition, looking at a task and getting a report ready usually took considerably additional time when compared with presently.

As time goes on, technology has evolved this division at a quick rate. Managers who have put in several years are able to confirm that it is substantially better now. The erection and structure industry has become a completely changed sector. The managers in charge of commissioning cannot stop thanking technology.

Present-day Technology for Commissioning

Youthful managers who are fresh out of school are provided with skills plus the knowledge to welcome technology as a means of doing their jobs with ease and in an improved way. Managers who have spent a long time on the job have no choice but to adapt to the times.

Deployment of applications plus programs that schedule and arrange work has taken over the division today. Managers are now able to go about with smartphones which contain every piece of data needed. These managers can make presentations with ease, just by using a projector and a cell phone. If they choose not to use a phone, they have the choice of using laptops.

Technology sure has bridged a massive gap in the field of commissioning. Now, people need groundbreaking projects with numerous details. Technology makes it easier to verify the given standards. Furthermore, technology has shortened the time for producing results, while still maintaining quality.

A number of the events are coordinated to give details to a number of groups, as soon as the task finalizes. Indeed, this is a tremendous alteration and change.

Imminent Technology for Commissioning

People, who work in the field of project management, as well as the pioneers of the technological world, work hand in hand to devise improved methods of getting things done.

People look forward to improved applications which are more innate to use plus linked with everyone. Up and coming are smart cameras which would spot errors. Every of these is intended to help humans reach logical conclusions.

Commissioning is still a vital process in any task. Technological changes are advantageous to them. It is fantastic that this division is kept abreast all the way. With this, we look forward to a better future.

September 30, 2019 0 comment