I started this blog during my working life, after July, 2009 you may find my blog posts at http:lbms2u.blogspot.com

4/03/2009

Management Tools 2009

Management Tools 2009: An Executive's Guide by Bain & Company

Over the past three decades, management tools have become a common part of executives' lives. Whether trying to increase revenues, innovate, improve quality, increase efficiencies or plan for the future, executives have looked for tools to help them. The current environment of globalization and economic turbulence has increased the challenges executives face and, therefore, the need to find the right tools to meet these challenges.

To do this successfully, executives must be more knowledgeable than ever as they sort through the options and select the right management tools for their companies. The selection process itself can be as complicated as the business issues they need to solve. They must choose the tools that will best help them make business decisions that lead to enhanced processes, products and services and result in superior performance and profits.

Successful use of such tools requires an understanding of the strengths and weaknesses of each tool as well as an ability to creatively integrate the right tools, in the right way, at the right time. The secret is not in discovering one magic device, but in learning which mechanism to use, and how and when to use it. In the absence of objective data, groundless hype makes choosing and using management tools a dangerous game of chance.

Source: Management Tools 2009: An Executive's Guide
Download : Booklet [pdf] More: Management Tools

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