You have an idea for a business: why do you need to think about organizational structure?

Hiring employees is a big cost for Nowak. If, on the other hand, he wants to set up a company, he has to share the profit earned with the partners. In both cases you will need a good organization of work and division of tasks When constructing a business plan for a venture, you must not only plan the products, how to inform customers about them, your mission and your suppliers, but also the organization inside the company. If he

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When did the term “artificial management” first appear?

Are you familiar with this quote? “Artificial management by computers and expert systems–can perform pre-established, well-defined managerial tasks. Many technical and procedural decisions are best made by artificial managers. And what of the human managers? They are free to devote more time and energy to ambiguous, integrative areas such as strategy.” These sentences come from an article by E. Geisler, who in 1986 began a discussion on whether a robot manager could replace a human manager. See this article: Geisler,

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Why is it important to plan in business? The principle of two inverted triangles

Author: Florian Wierzchowski As you can see, I’m not posing the question at all – whether you should plan in business, because of course you should, and to the best of your ability. Here I want to give you reasons why it is worth it. Although it is possible to act and achieve goals without planning, it will be a short business or full of surprises and crises. As in the life of any person, even those not involved in

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Will artificial managers be everywhere?

I started working on the artificial manager, which I call the robot manager, in 2007. The idea came when, during business training, I had the opportunity to meet people running similar companies, and some of them were doing well, and others were doing badly. Some complained about their employees, others praised them. Seemingly similar companies, operating in the same industries, had completely different results. I was then reminded of Peter Drucker’s famous saying, which, somewhat paraphrased, reads “There are no

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You have an idea for a business: how should it identify substitutes?

Porter’s analysis still requires thinking about two elements of the market – buyers and substitutes that may threaten your business. I already wrote about buyers a few posts ago. I’ll remind you that it’s about market segmentation, that is, isolating who will be the buyers of your company’s products or services. If at this stage of business planning you have already specified a group of key customers. You can further characterize them by three characteristics: their number, the degree of

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