There's a common saying in business that something well-planned is half done. Planning in business management is absolutely critical to the proper functioning of an organization. Business owners and ...

When middle managers participate in the strategic planning process, organizational performance usually improves. Higher-quality decisions result when both senior and middle managers, instead of only ...

Change in the organization may flow from the strategic planning process or from the vision of the leadership. It may be incremental as annual goals are achieved. It differs from reengineering in that ...

Not every senior leader thinks about their strategic planning process as an opportunity to enhance their organizational culture. However, your culture is the key to moving the needle on revenues, and ...

There are best practices, standard operating procedures and several types of processes in the business world. Processes help maintain order and provide guidelines for a smooth workflow. They are what ...

This is a revised column from one that Dr. Chaman Jain, the editor of the Journal of Business Forecasting (JBF), recently asked me to write. It discussed the relationship between strategic and ...

Whether adding a new manufacturing line, evaluating product formulation changes or upgrading facility utilities or infrastructure, a defined process whereby all internal stakeholders participate is ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

When senior business executives are in the habit of trouble-shooting supply, demand and customer service issues week to week and day to day — that is a symptom of an organizational problem. A company ...

Successful HR executives from Forbes Human Resources Council offer leadership and management insights. Human resources departments must ensure that employees meet the needs of a business before they ...