For two decades now, executives have witnessed an explosion of managementtools, ranging from Knowledge Management to Strategic Alliances. That burstwas fueled by their need to successfully navigate an increasingly competitivemarketplace. With operations spanning the globe, companies have become morecomplex, adding to the challenging decisions corporate leaders face. Fortunately,they now have an expanded toolset at their fingertips, thanks to the emergenceof faster, less expensive information delivery systems. Executives must be more knowledgeable than ever as they sort through the optionsand select the right management tools for their companies. The selection processitself can be as complicated as the business issues they need. | Kien thuc va Cong cu quan ly trong nam 2007 Management Tools 2007 An Executive s Guide For two decades now executives have witnessed an explosion of managementtools ranging from Knowledge Management to Strategic Alliances. That burstwas fueled by their need to successfully navigate an increasingly competitivemarketplace. With operations spanning the globe companies have become morecomplex adding to the challenging decisions corporate leaders face. Fortunately they now have an expanded toolset at their fingertips thanks to the emergenceof faster less expensive information delivery systems. Executives must be more knowledgeable than ever as they sort through the optionsand select the right management tools for their companies. The selection processitself can be as complicated as the business issues they need to solve. They mustchoose the tools that will best help them make business decisions that lead toenhanced processes products and services and result in superior performanceand profits. Successful use of such tools requires understanding the strengths and weaknessesof each tool as well as an ability to creatively integrate the right tools in the rightway at the right time. The secret is not in discovering one magic device but inlearning which mechanism to use how to use it and when. In the absenceofobjective data groundless hype makes choosing and using management tools adangerous game of chance. To help inform managers about the tools available to them in 1993 Bain Company launched a multiyear research project to gatherfacts about the use and performance of management tools. Our objective was toprovide managers with An understanding of how their current application of these tools and subse-quent results compare with those of other organizations across industriesand around the globe The information they need to identify select implement and integrate theright tools to improve their company s performance. Every year or two since we ve interviewed senior managers .
