Global Sourcing Partnership Development

International sourcing is more than simply offshoring production into low cost jurisdictions. It is a process of gaining access to and further developing suppliers' capabilities, while expanding one's own resources, capabilities and product base. Furthermore, it is about relationship building and close coordination. With time, international sourcing should result in higher profitability and strengthening of one's business. See Global Sourcing Strategy: Suppier Relationship Development

International Sourcing Strategy and Tips

Outsourcing of non-core activities and expanding one's product offering can be efficiently and effectively achieved by sourcing internationally. Contacting as many perspective suppliers as possible will help in identifying the best provider of the required service. Offering one's own services in return should generate additional sales and provide stronger bases for future cooperation between all parties. See Global Sourcing Strategy: Finding the Best Supplier

Emergent Strategy: Flexibility, Innovation, Operational Excellence

When the industry structure is unstable and is undergoing rapid change, it is best to adapt an emergent strategy, addressing issues as they arise, while maintaining flexibility and operational excellence. Furthermore, a strategy that is enrooted in human capital and innovation capabilities is better suited for the times of uncertainty. See Emergent Strategy

Strategy Under Uncertainty

One of the key obstacles to strategy formulation is uncertainty - inability to forecast competitor dynamics and the future of one's industry. We present a framework for strategic development under uncertainty as well as a number of strategic tools: postures and actions, one could implement in an effort to develop a sound business strategy. [...]

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Strategy Formulation and Positioning for Incumbents

Being all things to all people is detrimental for the long-term sustainability of a company. A clear strategy sends a distinct and understandable message to customers, employees and management. Clear positioning eventually results in higher profitability and sustainable competitive advantage. [...]

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Companies Adapting to the Recession

With the aggregate consumer demand falling or stagnating worldwide, how can companies adapt? What does this mean for your business and how can you judge your performance?

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The Economic Outlook 2011

In 2011, we can expect additional printing of money, even in larger numbers than has been announced by the Federal Reserve already. This will result in further increases in commodity and stock prices. The unemployment numbers will hold steady or slightly improve, at least on paper. In reality, many of those counted as unemployed now, will exit the work force, improving the statistics for the better.

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The Reasons for the Current Economic Crisis

As of the end of 2010, the economic crisis continues while politicians, in turn, continue talking about the recovery, which is being constantly postponed. However, the GDP, high unemployment, record consumer and government debt levels are not showing any real signs of improvement. Central banks and governments are pouring money into the economy with limited result. What is the nature of this economic crisis and when will it end?

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Unwise Business Purchases in Time of Stagnation and Uncertainty

It is important to look at the tendency of business owners, once faced with stagnation, to invest into projects and equipment that only create an illusion of progress, while not bringing any positive returns. These expensive corporate toys, be it an unnecessary new software, an expensive domain name, or a new furniture, have a noticeable negative net present value (NPV) and it is evident from the very start that no real benefits would be ever derived from them.

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