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		<title>Stick with Your Concept but Do Your Homework</title>
		<link>https://damranmakina.com/economics/stick-with-your-concept-but-do-your-homework/</link>
					<comments>https://damranmakina.com/economics/stick-with-your-concept-but-do-your-homework/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 25 Dec 2015 10:25:17 +0000</pubDate>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[advisors]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[ideas]]></category>
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					<description><![CDATA[With hundreds of medications in the market, Pharm Ltd. needed a proper method to predict and manage their inventory. Using a mean absolute percentage analysis (MAPE), the teams defined appropriate levels for raw materials and finished products by mapping.]]></description>
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				Aralık 25, 2015			</li>
			<li class="post_by">Yayınlayan:				<span>admin</span>
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			<li class="post_cat">Kategori:				<span>Economics</span>
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			<a href="https://damranmakina.com/economics/stick-with-your-concept-but-do-your-homework/#respond"><i class="fa fa-comment-o"></i>Yorum yapılmamış </a>
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<li style="margin-bottom: 15px;"><strong>Growth through innovation/creativity:</strong><br />
<span style="font-size: 13px;">Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees.</span></li>
<li style="margin-bottom: 15px;"><strong>Increased profits:</strong><br />
<span style="font-size: 13px;">The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.</span></li>
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<li style="margin-bottom: 15px;"><strong>Higher business values:</strong><br />
<span style="font-size: 13px;">The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly.</span></li>
<li style="margin-bottom: 15px;"><strong>Lower staff turnover:</strong><br />
<span style="font-size: 13px;">This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organization.</span></li>
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