Business in brief library

Strategy and Planning Techniques

Leasing vs. Purchasing Technology

Leasing vs. Purchasing Technology

The concept explains the options available when deciding whether to purchase or lease technologies. It offers practical advice regarding the pros and cons of both options, and provides helpful advice on measuring and evaluating the costs across a technology's life cycle.

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Leveraging

Leveraging

Stepping up on the capital front displays credibility to other parties. This concept describes the principles of leveraging and discusses its risks and advantages.

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Lifecycle System Approach

Lifecycle System Approach

The Lifecycle System Approach is based on the assertion that products have a limited life, pass through distinct stages and require different marketing, financial, manufacturing, purchasing, and human resource strategies for each stage. The concept provides an overview of this approach and its main benefits and capabilities.

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Locke’s Goal-setting Theory

Locke’s Goal-setting Theory

Locke’s Goal-setting Theory suggests that specific and challenging goals lead to better performance. It argues that clear, measurable objectives, along with regular feedback, enhance motivation and productivity. The theory highlights the importance of goal clarity, commitment, and task complexity in achieving success (Mullins, 2021).

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Logistics and Supply Chain Management

Logistics and Supply Chain Management

Firms that improve their logistics can achieve significant savings and improve efficiency. This concepts explains the components of distribution and logistics and how they can be optimised, and provides insights into implementing logistics and supply chain management, as well as different types of measurements.

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Management by Objectives

Management by Objectives

This concept describes the popular management by objectives approach. It offers insights into the strengths and drawbacks of this technique using research evidence and case studies from across different industries, as well as advice on effective implementation.

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Managing Bring-Your-Own-Device Practice

Managing Bring-Your-Own-Device Practice

Bring-your-own-device is a popular and flexible IT policy allowing employees to work on their own devices. The concept explains the pros and cons of implementing BYOD policies and provides essential advice on managing these policies successfully - and most importantly, securely.

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Managing Open Innovation

Managing Open Innovation

This concept summarises the benefits of open innovation, presents the challenges and limitations of adopting open innovation technologies and captures best practice and experiences from real-life industrial open innovation projects.

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