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A Pocket Guide to Business Strategy
A Pocket Guide to Business Strategy
A Pocket Guide to Business Strategy
Ebook50 pages26 minutes

A Pocket Guide to Business Strategy

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Having a sound business strategy is absolutely paramount for any organisation in today’s climate. Even more so, with the constantly changing landscape of the manner in which business is conducted itself, it is imperative that the organisation has a sound business strategy as a springboard to ensure relevance and competitiveness. The issues tackled in this ebook encompass those of future management, change management, leadership, knowledge management, value based management, innovation and creativity, and personal development. Becoming an empowered organisation is simply not good enough anymore. Soon, the competition will have achieved similar status. The key lies in simultaneously creating a sustainable competitive advantage. Every existing stable business has a competitive strategy, whether written or not, that has some currency, or the business would not be successful. To develop a successful transformation strategy one should not disregard the existing strategy, but rather build on it. Project management is one of the most participative management strategies in today’s corporate climate, and particularly relevant to the organisation. Project managers have a unique opportunity to influence project outcomes. Recognising their differences and developing new skills will further enhance the probability of success of projects within their respective organisations. Modern project managers must be able to lead a diverse team toward integrated results. A successful project manager is not born per se with people skills, management skills, business expertise, and technical knowledge, but these can all can be developed. Change cannot truly take place in any organisation, unless the resistance to change can be reduced or eliminated. Encouraging and binding support is needed from all levels of management in order for change management to work. The new managerial style might begin with changing the organisation’s structure, reinforcing a new leadership style, and using teamwork and empowerment initiatives. To succeed, other things need to be accomplished too, as the consequences of the new way of doing businesses. Something needs to be done about culture and personnel systems. Major emphasis should be placed on new performance appraisal systems to reward people. Training programs help employees to develop their full potential. These actions should be enhanced by truly open communication to welcome and involve everyone in the implementation of changes and in the learning process.

LanguageEnglish
Release dateNov 12, 2018
ISBN9780463382837
A Pocket Guide to Business Strategy
Author

Minnesh Kaliprasad

Minnesh Kaliprasad is a qualified Chemical Engineer who has migrated towards the field of project management and project controls in particular for the larger part of his working career thus far. He has over 20 years working experience with various companies ranging from the petroleum, mining, and construction sectors, in varying roles. He is currently a Project Controls Manager for South Africa's public electricity utility, ESKOM. He also holds a qualification in the field of Project Management, and a post graduate degree in Technology Management. Furthermore, he has earned accreditation from the Association for the Advancement of Cost Engineering (AACE) for the Certified Cost Professional (CCP) and Earned Value Professional (EVP) credentials. In addition, he is also a Project Management Professional (PMP) with the Project Management Institute (PMI). He has held the positions of Technical Director and President of the Cost Engineering Association of South Africa (CEASA) which was later rebranded as the Southern African Project Controls Institute (SAPCI) under his leadership. He has had a total of 3 peer reviewed technical articles published in the Cost Engineering Journal, viz. Proactive Risk Management ( Cost Engineering Journal December 2006, Human Factor I and II, Cost Engineering Journal June 2006). The former article has since been featured in AACE International’s Professional Practice Guide to Cost Engineering in the Global Environment, while the latter two articles have been featured in AACE International’s Professional Practice Guide to Leadership and Management of People. When he is not working he is probably running, gardening, or reading.

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    Book preview

    A Pocket Guide to Business Strategy - Minnesh Kaliprasad

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    A Pocket Guide to Business Strategy

    Copyright 2018 Minnesh Kaliprasad

    Published by Minnesh Kaliprasad at Smashwords

    Smashwords Edition License Notes

    This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your enjoyment only, then please return to Smashwords.com or your favourite retailer and purchase your own copy. Thank you for respecting the hard work of this author.

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    Other books by Minnesh Kaliprasad

    Project Controls Effectiveness on Successful Construction Projects

    Risk Analysis: Facilitating and Analysis Guidelines for Capital Expenditure Projects

    A Balanced Life - The Important Attributes and its Impact on Work Performance

    Communication and the High Performance Workplace

    Conflict Management and Stakeholder Negotiations in the Technical Environment

    Creating an Effective and Efficient Work Team - Managing the Group Dynamics towards Team Performance

    Emotional Intelligence - The Important Attributes and the Impact of EI on Work Performance

    Leadership, Power and Politics

    Managing Change - The Process and Impact on People

    Motivation and Job Satisfaction in a Technical Environment

    Performance Management

    Managing Workplace Diversity - Building Effective and Efficient Work Relationships

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    Acknowledgements

    I wish to thank the Lord Almighty for granting me yet another opportunity of writing a book about a subject I am passionate about.

    I would also like to thank my wife Salika and daughter Michala for supporting me yet again in everything related to this journey of writing a book. Your constant motivation and positive energy helped me get this one over the finish line.

    I am hoping that this book can be viewed as an extension of my previous books. It is hoped that with more books in the future, they can be seen as a collection on the subject of Project Controls and Project Management.

    Watch this space…there will be more books in the not too distant future!

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    Table of Contents

    Introduction

    Future Management

    Change Management

    Leadership

    Knowledge Management

    Value Based Management

    Innovation and Creativity

    Personal Development

    Conclusions and Recommendations

    References and Bibliography

    About Minnesh Kaliprasad

    Other books by Minnesh Kaliprasad

    Connect with Minnesh Kaliprasad

    Introduction

    Having a sound business strategy is absolutely paramount for any organisation in today’s climate. Even more so, with the constantly changing landscape of the manner in which business is conducted itself, it is imperative that the organisation has a sound business strategy as a springboard to ensure relevance and competitiveness at all times.

    The issues tackled in this ebook encompass those of future management, change management,

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