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Actual for You - Business Planning Buzzword Bingo
I was trying to cancel my satellite TV subscription about five weeks ago, and something very interesting and foolish happened to me.As I was terminating this relationship by phone, and trying to gently slip away, and gracefully move on to the satellite-less part of my life, I felt a strong boot on my rear-side!The CSR’s wouldn’t let me go without threatening and insulting me.Let me set the scene.Fed up with over 100 channels and nothing good to watch, I figured what the heck, I’m going to just do the cave man thing: Grab raw signals from the air with a tiny antenna, and not pay a nickel for my programs.Like ice fishing, there’s some difficulty in it, but the rewards are great, and the feeling of independence is
Objectives: the objectives of the key result areas of the business; in most plans written as a list of tasks.
Activities: the activities requ
One time, I saw a newspaper ad saying they are hiring work-at-home medical billers. I called the number (just to find out what it is!), I found out that for you to be able to work as a Medical Biller, you have to purchase their software at a range of $800-1,500 (I thought, it is actually a packaged-medical billing business). They will then train you how to use their software, after (I think) 10 days of training, you will have an access to their so-called doctors’ database. They promised you can get your 1st client through their database.Due to my curiosity, I started reading and researching packaged homebased medical billing business. But take note: the training you will get is NOT actually a medical billing training. The bottom line here
Bottom up planning: planning completed from the absolute building blocks of the business so that the targets are in complete synchronisation with the resource requirements in terms of capital and operating expenditure, human resources by competency level, systems and processes taking into account any mandatory legal, corporate, government and community requirements. A plan built up from the bottom, brick by brick so that all elements of cause and effect are known.
Top down planning: that which occurs when bottom up planning gives the wrong result.
Key Result Areas: the areas of the business where the result is key to the business performing well; in most plans written as a list of tasks.
Objectives: the objectives of the key result areas of the business; in most plans written as a list of tasks.
Activities: the activities requi
Office Furniture play an important role in daily lifestyle of people who use to go to office everyday. It is the furniture you have to stick to when you are in the office. It is often assumed that your chair and desk are vital things to your workplace, and it certainly have some role to help you perform your work suitably. Office workers are often heard complaining about the furnitures being nuisance to their work. In such way, this is very important that a office have furnitures designed to comfort the workers.The kind of furnitures that a office requires depends upon the type of company they are, their budget and needs of furnitures to be set at a particular space. A fully computer operated office will need rolling chairs and computer t
Top down planning: that which occurs when bottom up planning gives the wrong result.
Key Result Areas: the areas of the business where the result is key to the business performing well; in most plans written as a list of tasks.
Objectives: the objectives of the key result areas of the business; in most plans written as a list of tasks.
Activities: the activities requ
Recruiting firms help organizations and the candidates to locate suitable employment. They help the candidates by locating the jobs, according to their qualifications, experience, and requirements.Recruiting firms provide their clients with the candidates whose credentials meet the specifications of the clients. Recruiting firms make use of the strategy of acquainting themselves with the working mechanism of the client?s company and its unique internal culture. They access all the information in relation to their client?s business processes and systems and identify the resources that are required. The firms have the ability to align themselves with the client?s organization in order to collectively design the performance criteria for the
Top down planning: that which occurs when bottom up planning gives the wrong result.
Key Result Areas: the areas of the business where the result is key to the business performing well; in most plans written as a list of tasks.
Objectives: the objectives of the key result areas of the business; in most plans written as a list of tasks.
Activities: the activities requ
Think 2005 was tumultuous?You haven’t seen anything yet!Wait until 2006 comes roaring in.Are you really ready for 2006? Ready to be self-employed, that is?That’s the traditional way to make a living all through history except the Industrial Revolution, which has ended.Corporate icons are toppling daily, massive job terminations and pension defaults are commonplace, globalism is in full swing.There’s never been a better time to be self-employed or a worse time to be employed.Airlines are experiencing turbulence financially. GM & Ford are racing toward bankruptcy. Jobs are targeted for rightsizing, downsizing, and outsourcing.If you take a new job today, in four years, on average, you
Key Result Areas: the areas of the business where the result is key to the business performing well; in most plans written as a list of tasks.
Objectives: the objectives of the key result areas of the business; in most plans written as a list of tasks.
Activities: the activities requ
Buying a franchise business is supposed to be the least risk way to start a business. But is owning a franchise guaranteed to make you money? Not necessarily… the truth is that some business franchises are extremely hard work especially in the fast food industry.Most people know about the franchise industry due to the fast food franchises that specialise in providing the same quality of food all over the world. They guarantee the same eating experience irrespective of where in the world you buy a meal.Think about it, in the food industry, you have to open your business in time for breakfast and stay open until late evening. Most fast food franchise owners can easily work a 12 hour day. They can also forget about weekends off as thi
Objectives: the objectives of the key result areas of the business; in most plans written as a list of tasks.
Activities: the activities required to reach the objectives of the key result areas; in most plans written as a list of tasks.
Key Performance Indicators: those variables in the business which indicate whether the objectives of the Key Result Areas are likely to be met; in most plans written as a list of tasks or target dates.
Targets: the target range of a variable which indicates whether the objectives in a Key Result Area are likely to be reached; in most plans written as a list of tasks.
Tasks: the specific list of tasks which need to be completed for each activity to reach the objectives of each Key Result Area; rarely ever included in a business plan.
Decentralisation: a management strategy that involves the diffusion of power throughout different levels of a company.
Empowerment: a strategy inte
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