Thursday, 11 March 2010

In Bookstores now, Dr. Fisher's new book:

Winning the Hardware-Software Game

Using Game Theory to Optimize the Pace of New Technology Adoption

Innovators of new technology systems requiring users to combine both hardware and software components often face delays in adoption of their new systems.  Users will not buy the hardware until enough software or content is available, while at the same time software providers will not provide content until enough users have adopted the new system.  This book examines the dynamics of this adoption process and provides methods for optimizing the pace of adoption of new technology systems.     Read more...

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Hold yourself responsible for a higher standard than anybody expects of you. Never excuse yourself.

-- Henry Ward Beecher
Strategy Integrated Approach
The Unintegrated vs. Integrated Approach PDF Print E-mail

An Unintegrated Business Approach
Unintegrated Approach Diagram

 

Companies often function as collections of independent departments or divisions, where each division makes purchases from vendors and sales to customers independently from the other divisions, and there are few, if any, information flows across departments.


An Integrated Business ApproachIntegrated Approach Diagram

 

When information is integrated across company departments, then many efficiencies can be realized which will decrease costs, increase revenues, and ultimately, increase profits.



Plus, the Integrated Approach adds the following advantages:

Purchases

  • Leverage
  • Economies of Scale
  • Economies of Scope
  • Inventory Management
  • Other Efficiencies

Divisional Operations

  • Productivity
  • Economies of Scale
  • Other Efficiencies

Divisional Interactions

  • Complementarities
  • Economies of Scope
  • Other Efficiencies

Product Sales

  • Product Lifecycle Optimization
  • Product Mix Optimization
  • Revenue Enhancement
  • Revenue Management
  • Customer Relations:
    • Customer Satisfaction
    • Repeat Sales
    • Returns