INTG 202 Lecture Notes - Lecture 16: Price Ceiling, Barcode, Baby Boomers

• School: McGill University
• Department: Integrated Management
• Course: INTG 202
• Professor: Miwako Uesaka

Document Summary

Aspects: customer relationships, processes, enterprise, digital innovation through info, people, money such as financing and accounting. Philosophies of running a business: tight control, concentrated roles, based on discipline, people are interchangeable, an economic risk, elicit control and receive respect, resources limited harsh decisions, (frank zappa) Strong-minded, strong vision, praise and flattery, understanding a group of people, branching out delegation, fluid approach and apt to change, strength in relationships, open to mistakes (richard branson) Valuing creation is a topic of changing the world. Many of today"s businesses use the digital realm to their advantage. Digital innovation is not only an opportunity for new business by a threat to existing business, a force that disrupts existing business models, eg. The long tail, new business models, strategic use of big data. Managing process: design (time, capacity, inventory) process control (push and pull) Someone who works with and through other people by coordinating and overseeing their work activities in order to accomplish organizational goals.