<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title><![CDATA[ManagementUpdate.info - concepts & best practice]]></title><description><![CDATA[Articles]]></description><link>http://www.managementupdate.info/</link><copyright><![CDATA[Copyright ManagementUpdate.info - concepts & best practice]]></copyright><generator>sNews CMS</generator><item><title><![CDATA[Cause-Related Marketing]]></title><description><![CDATA[Sometime refered simply as "cause marketing", cause-related marketing or CRM may be defined as a joint activities of a for-profit business with a non-profit charity or cause, intended for mutual benefit. For the business, it is a type of marketing to promote the company's image, product or service. For the non-profit organization, it helps promote the cause and is a method to raise fund. CRM is generally considered to be different from corporate philanthropy because the corporate dollars involved in CRM are not outright donations to a non-profit organization, hence not tax-deductible. 
    
Cause marketing can take on many forms, including:

  Product, service, or transaction specific 
  Promotion of a common message 
  Product licensing, endorsements, and certifications 
  Local partnerships 
  Employee service programs 
 ]]></description><pubDate>Mon, 04 Jun 2007 05:23:00 +0000</pubDate><link>http://www.managementupdate.info/marketing-branding/cause-related-marketing/</link><guid>http://www.managementupdate.info/marketing-branding/cause-related-marketing/</guid></item><item><title><![CDATA[Kaizen]]></title><description><![CDATA[  Concept Briefing:  
Kaizen is a Japanese word for "improvement". It is a daily activity aiming to eliminate waste. Kaizen is also a process that, when done correctly, humanizes the workplace, eliminates overly hard work (both mental and physical), and teaches people how to perform experiments using the scientific method and how to learn to spot and eliminate waste in business processes.
    
Kaizen must operate with three principles in place: process and results (not results-only); systemic thinking (i.e. big picture, not solely the narrow view); and non-judgmental, non-blaming (because blaming is wasteful). People at all levels of an organization participate in kaizen, from the CEO down, as well as external stakeholders when applicable. The format for kaizen can be individual, suggestion system, small group, or large group. In Toyota it is usually a local improvement within a workstation or local area and involves a small group in improving their own work environment and productivity.
    
Whilst Kaizen usually deliver small improvements the culture of continual small improvements and standardisation yields large results in a form of compound productivity improvement. Hence the English translation of Kaizen can be: "continuous improvement", or "continual improvement."
]]></description><pubDate>Mon, 16 Apr 2007 02:44:11 +0000</pubDate><link>http://www.managementupdate.info/performance-quality/kaizen/</link><guid>http://www.managementupdate.info/performance-quality/kaizen/</guid></item><item><title><![CDATA[Innovation]]></title><description><![CDATA[  Concept Briefing:  

Innovation may be defined as the process of making improvements by introducing something new which must be substantially different, not an insignificant change. In economics the change must increase value, customer value, or producer value. Innovations are intended to make someone better off, and the succession of many innovations grows the whole economy.
    
There are a variety of types of innovation, including for example:
  Business Model innovation involves changing the way business is done in terms of capturing value e.g. Compaq vs. Dell, hub and spoke airlines vs. Southwest, and Hertz/Avis vs. Enterprise. 
  Marketing innovation is the development of new marketing methods with improvement in product design or packaging, product promotion or pricing. 
  Organizational innovation involves the creation or alteration of business structures, practices, and models, and may therefore include process, marketing and business model innovation. 
  Process innovation involves the implementation of a new or significantly improved production or delivery method. 
  Product innovation, involves the introduction of a new good or service that is new or substantially improved. This might include improvements in functional characteristics, technical abilities, ease of use, or any other dimension. 
  Service innovation, is similar to product innovation except that the innovation relates to services rather than to products 
  Supply chain innovation where innovations occur in the sourcing of input products from suppliers and the delivery of output products to customers 
 ]]></description><pubDate>Wed, 21 Mar 2007 22:20:53 +0000</pubDate><link>http://www.managementupdate.info/organization-development/innovation/</link><guid>http://www.managementupdate.info/organization-development/innovation/</guid></item><item><title><![CDATA[CFO]]></title><description><![CDATA[  Concept Briefing:  
Chief Financial Officer or CFO is the top executive officer primarily responsible for managing the financial risks, financial planning, record-keeping and financial reporting to higher management. The role of CFO in recent years has expanded to encompass communicating financial performance and forecasts to the investor community. The title is equivalent to finance director, commonly seen in the United Kingdom. The CFO typically reports to the Chief Executive Officer, and is frequently a member of the board of directors.
    
CFO is viewed as strategic business partner of CEO. Both can be seen as distinct and equal-ranking top executive posts in most companies.
    
A more recent development is for small businesses to hire part-time or outsourced CFOs or for medium-sized companies to hire a temporary CFO until a permanent CFO can be hired.



]]></description><pubDate>Fri, 16 Mar 2007 00:12:21 +0000</pubDate><link>http://www.managementupdate.info/management-leadership/cfo/</link><guid>http://www.managementupdate.info/management-leadership/cfo/</guid></item><item><title><![CDATA[CEO]]></title><description><![CDATA[  Concept Briefing:  
A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer in charge of total management of a corporation, organization or agency. 
    
In closely held corporations, especially in the US, it is general business culture that the office of Chief Executive Officer, CEO, is also the chairman of the board. Specifically, one person often shares the chairman and CEO titles while another person takes the presidency or may become chief operating officer (COO). In some European Union countries, there are two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes (elected by the shareholders). In these countries, the chief executive officer presides over the executive board and the chairman presides over the supervisory board and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board.
    
Typically, a CEO has a cadre of subordinate executives, each of which has specific functional responsibilities. These direct reporting relationships most often include: Chief Financial Officer, Chief Operating Officer, Chief Marketing Officer, Chief Information Officer and sometimes the Director of Human Resources.

]]></description><pubDate>Thu, 08 Mar 2007 02:00:51 +0000</pubDate><link>http://www.managementupdate.info/management-leadership/ceo/</link><guid>http://www.managementupdate.info/management-leadership/ceo/</guid></item></channel></rss>