b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Project Management 411

Archive for April 2008

April 20th, 2008

Hard Times? Time to Invest!

Jim Lee’s APICS e-news article on being creative in hard times (sorry no direct link- go to www.apics.org for subscription) deals with the “innovation” of investing in hard times:

When an economy weakens, inflation and interest rates also tend to decline. Lower interest rates reduce the costs of capital expansion. However, because of increased uncertainty over […]

By Bob Turek -- 4 comments

April 19th, 2008

“Constructive Destruction” Help Explain Inevitable Economic Recoveries

Jim Lee, Ph.D., College of Business, Texas A&M University-Corpus Christi, had some very insightful comments about the economy in APICS e-news (get subscription at www.apics.org- otherwise no link available). His “constructive destruction” concept was one:

Not all businesses are created equal. Some businesses will lose, while other businesses will win—in good times and bad. Economists […]

By Bob Turek -- 4 comments

April 18th, 2008

Unravelling the Mess That Mortgage Lender’s Created

CFO.com reports about the mortgage industry’s poor management using New Century Financial’s collapse as an example. The U.S. bankruptcy court’s report paints a ridiculous picture of a company and industry that is out of control:

….a company infected with a corporate culture much like that of other subprime lenders — a culture that “encouraged production, sales, […]

By Bob Turek -- 0 comments

April 17th, 2008

Free Markets and Better Credit Policy Will Help Economy

CFO.com’s survey of CFOs reveals that some are getting beyond energy prices (which probably can’t be changed) and tax policy when it comes to what they would talk about with the next President of the United States:
Kurt Kuehn, CFO of UPS is concerned about “protectionist measures that might impede trade flows.” The incoming president “must […]

By Bob Turek -- 0 comments

April 16th, 2008

CFOs Weigh In on Price of Oil and the War

How does the price of oil and the war affect CEO confidence in the economy? CFO.com’s survey of CFOs reveals:
…the price of oil and war in the Middle East are weighing heaviest on the minds of senior financial executives. By a wide margin, they regard the cost of energy as the most serious roadblock to […]

By Bob Turek -- 2 comments

April 15th, 2008

CFOs Pick Next President

CFO.com related how CFOs feel about who should be the next president:
…in a survey conducted at the CFO Rising Conference in Orlando earlier this month, 58 percent of 123 finance chiefs said that John McCain is the candidate who would make the best president, while 29 percent and 13 percent favored Obama and Clinton, respectively.
What […]

By Bob Turek -- 0 comments

April 14th, 2008

CPG Firms Must Innovate to Avoid Defection to Private Labels

Interesting CPG industry comments from Howard Sun at Seeking Alpha:
“Innovation has always been a focus of most CPG companies; however, in the face of slowdown, CPG companies need to put even more focus on innovations to drive greater revenues and profits. Innovations also keep consumers from deflecting to less-expensive private label products that do not […]

By Bob Turek -- 0 comments

April 13th, 2008

Lean Manufacturing Now a Process Industries Necessity

Cindy Jutras writes about the evolution and success of lean manufacturing in the process industries (food and beverage, chemicals, pharmaceuticals and the like) in Manufacturing Business Technology. She argues that consultants who help companies become lean have now matured through a number of process company’s lean projects, thereby enabling a higher level of success.
“…as this new […]

By Bob Turek -- 0 comments

April 12th, 2008

Process Innovation Trumps Product Innovation?

Kevin Parker of Manufacturing Business Technology explored innovation as not only a process (vs. a product) but also as something we tend to constantly be engaged in simply because of the constant upgrading of technology. Talking about products on the last gasps of their lifecycles he cited studies that said:

…further cost-reducing process innovations have relatively […]

By Bob Turek -- 5 comments

April 11th, 2008

Sustainability Is Gaining Traction and Projects

Sustainability. Have you heard about it? I’ve recently been exposed to the term by my software company as it relates to asset management software and projects through a new acronym called GAS:

Global Asset Sustainability (GAS): the management of property, plant, and equipment to meet the operations, economic, and socio-economic needs of today without compromising the […]

By Bob Turek -- 0 comments