Articles related to strategy

Importance of CRM during recession

In today’s market scenario, it won’t be wrong to say that ‘customers are the king.’ Customers control the markets today and therefore the companies are focusing on enhancing customer satisfaction by every possible means. The complete marketing mix is customized according to the target customers. Read more »

A contemporary approach to new product development

New product development is an integral part of all businesses today. The markets are dynamic, competition is fierce and the consumers are highly aware; all these factors compel businesses to keep offering something new and more advanced to their target markets. But New Product Development (NPD) is not that easy. There are high costs and risks to failure involved in NPD. Read more »

Human Resource Strategies during Recession

Business cycles always pose a major challenge for business organizations, especially recession. During recession, the focus is laid on cost-cutting and restricting the business activities to a few defined lines. Major layoffs are targeted and innovation gets a backseat in the organization. There is widespread dissatisfaction among employees and the attrition rates go up. Read more »

Role of market sensing and learning strategy in enabling customer value creation

Market sensing, suggested by Piercy F N (2008), makes an organization to understand the behavior of customers in detail to identify and analyze the needs and desires of customers belonging to all segments. Read more »

Debt substitution at L&T infrastructure finance company limited

Debt is basically referred to the amount of monetary assets like money borrowed by third party persons. In order to make enormous purchases many organizations in present status of business are using debt as a perfect source of usage (Lewis and Davis, 1987). Read more »

Strategic Listening

Sound decision-making depends largely on the quality of information utilized for the purpose. One needs to be well informed about both the external and internal environments while working into corporate. Read more »

Evolution and present Situation of Multinational Corporations

Each year Fortune Publishes a list of several admired United States corporations. Several organizations are multinational, largely in operations and philosophy (Shapiro, 2009). Read more »

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