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Showing posts from May, 2009

Why Strategic Planning fail

Reasons Why Strategic Planning ಫೈಲ್ಸ್ Failure to understand the customer Why do they ಬಿ Is there a real need for the product Inadequate or incorrect marketing research Inability to predict environmental reaction What will competitors do Fighting brands Price wars Will government intervene Over-estimation of resource competence Can the staff, equipment, and processes handle the new strategy Failure to develop new employee and management skills Failure to coordinate Reporting and control relationships not adequate Organizational structure not flexible enough Failure to obtain senior management commitment Failure to get management involved right from the start Failure to obtain sufficient company resources to accomplish taskFailure to obtain employee commitment New strategy not well explained to employees No incentives given to workers to embrace the new strategy Under-estimation of time requirements No critical path analysis done Failure to follow the plan No follow

Economic recession and the relationship with War

Even though various governments have infused around $10 trillion by way of bailout packages and lowered interest rates to near zero levels, the world economy has failed to emerge from the clutches of recession. In fact, the situation is turning worse. History shows that war always follows slowdown or recession. And given the somber geo-political situation across the globe, some economists and analysts feels that the world may well be headed in this direction. After the 1797's economic deflation, there was war between US and France from 1798 to 1800. The war between US and Great Britain in 1812 followed the depression in 1807-1808. The long depression of 1873-1879 paved the way for war between US and Spain and the First World War which lasted till 1918. The Second World War was followed by the Great Depression of 1929-1939. The early 1990's recession again put US on the war front against the Iraq. History shows that most of the wars have followed the economic crisis-- there are