Quote of the Day

One of the things I've had the advantage of, growing up and being close to the top management of this company and other companies for most of my life, is seeing how CEOs start to believe in their own infallibility. And that really scares me.

Bill Ford

Life Cycle

The concept of Life Cycle in management refers to the notion that industry, products and organization go through stages of birth, growth, maturity, decay and death, similarly to all living organism. At different stages, different management approaches or strategies are required. Some examples are given below:

Product Life Cycle
Enterprise Life Cecle

30 May 2011 10:58:35

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