Industrial Management articles from March 1995

Industrial Management archives from March 1995

A budget model for a small manufacturing firm.
March 1, 1995... Budgeting is one of the most important planning and control tools used by managers of small firms. Without some form of formal budgeting, managers spend too much of their time solving daily problems instead of focusing on the future. In addition...

Contingency planning should be operationalized.
March 1, 1995... Contingency planning is often thought of as planning to deal with disasters such as fires and floods. However, business factors such as the loss of key personnel, data systems, major customers, and a number of financial events are also...

Implementing TQM in the delivery of government-contracted healthcare.
March 1, 1995... The recent decline in economic activity has harshly affected the service sectors in this country. Waves of closures (saving and loans), bankruptcies (financial services), mergers (banking), and downsizing (real estates) are now occurring at an...

Benefits of telecommuting for engineers and other high-tech professionals.
March 1, 1995... For millions of engineers and other high-tech professionals, telecommuting (TC) offers attractive benefits. There is a growing recognition that TC provides an economical and effective technique, with benefits for the environment, the company, and...

Taking the mystery out of self-directed work teams.
March 1, 1995... Traditional organizational structures are often ponderous and slow. Companies are ill-equipped to operate effectively with today's information technology or at the speed required for responsiveness to customer, market, and competitive trends...

Network production and restoration for today and tomorrow.
March 1, 1995... Management gurus are predicting the rise of the Virtual Corporation. Companies will form temporary strategic alliances to take advantage of fast-changing business opportunities, only to disband when the tasks are accomplished and move on to the...

The missing element in cost management: competitive target costing.
March 1, 1995... The importance of effective cost control systems in conjunction with concerns for customer needs is now widely understood. But in today's environment, the success of products is related to three things: * cost; * customers; and *...