Purpose This study aims to provide an insight into recent technological developments and applications that are driving growth and change in the automotive robotics sector. Design/methodology/approach Following a short introduction which provides a commercial perspective, this study discusses the...

Formal planning can yield many benefits for all types of companies but many companies are experiencing difficulties with marketing planning. It has been recognized that expert systems would bring benefits to companies by helping them make better strategic plans, but the development of expert...

Goal programming is an extension of linear programming. Suggests that, although linear programming is used widely in decision‐making processes, it has a major limitation which restricts the users of the technique to narrowing their problems to a single objective function. Goal programming was...

The rapid technological change of recent years has played a major role in changing the structure of established industries as well as creating new industries. It has elevated the management of technology into the arena of strategic issues. This paper reviews the work of authors who argue that...

The banking and financial sector of the Arab Gulf region is characterized by deregulation, globalization, product innovation, developments in technology and increasing competition. This change has created the potential for gain but has also increased risk. After the oil and gas sector, the...

This paper describes the framework employed in strategy formulation by the Vocational Training Council’s Hong Kong Institute of Vocational Education. The proposed framework integrates three widely used business management strategic tools together with the education criteria 1999 adopted from...

“Strategy formulation” is one of the most important projects of any company, but there is neither an accepted procedure to perform a “feasibility test” on the strategy, nor a definition of how to perform such a test. This article suggests that one can adopt two feasibility tests for the...

The splitting or rather the widening of a marketing controlling system into economic and pre‐economic control of performance makes effective strategic forward‐looking planning, management, and control of marketing activities possible. The main reason for including pre‐economic measures of...

Quality of academic institutions depends on how well academic activity is integrated with the right process. This involves the development of all administrative structures and efficiency of managing the institution. Team decision‐making (TDM) grid will be of value in strategic planning –...

Proposes the MCC decision matrix as a modern equivalent of the original Boston Consulting Group (BCG) portfolio matrix. Focuses on the key questions of mission and core competences which define the axes of the matrix and give it its name. Unlike the BCG matrix, the MCC matrix can be used to...