Defining strategic management has never been easy. I recently confronted this problem again while teaching two courses on strategic management this past summer. I have taught strategic management many ...

The main purpose of an automation strategic plan is to improve our ability to manufacture and sell products by a better utilization of people, equipment, raw materials, and facilities. Three key ...

Successful HR executives from Forbes Human Resources Council offer leadership and management insights. Human resources departments must ensure that employees meet the needs of a business before they ...

Next-generation leaders often lack the autonomy required for innovation and may feel pressured to maintain the status quo. As the pace of change in the world increases, family businesses are often ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

As the pace of change in the world increases, family businesses are often faced with the need to increase innovation to adapt to changes in the market and the family. It might mean coming up with an ...