- Research Feature
- Read Time: 30 min
A three-step process to ensure that companies launch new products that make a profit and please customers.
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The more companies outsource, the more they approach virtual organization, with knowledge centers interacting through mutual interest and electronic systems. To mitigate the risks associated with reduced authority, companies must develop “best in world” capabilities, leverage the capabilities of others and innovate constantly. The author shows how to slash innovation cycle times and costs by 60%-90% and develop the full potential of intellectual outsourcing.
Effective supply-chain management requires choosing a type of relationship appropriate to product and market conditions and adapting management practices to that relationship.
Is it appropriate to integrate spirituality into the management of an organization? Does spirituality make a company more profitable?