Organization's Business Challenges to succeed Strategic Plan

An Organization is set with its “Vision” to become leader in their product range and well defined strategic plan is ready to go ahead.

Any organization will face some of the major general Business & Technical challenges even after defined

neat strategic Plan, Organization should overcome all these challenges to succeed in their plan,

Following are few major Business challenges:

1.       Changing & uncertain marketing trends.

2.      Globalization, continuous evolving Technology.

3.      End-users mindsets about a Brand/product and Diversity of people.

4.       Producing of Qualitative, Economical and competitive product with new innovative output.

5.       Give Quick Time to market

6.      Local Regulations & Rules, environmental conditions.

7.       Political Influence

8.       To get More ROI

Following are few major Technical challenges:

1.       Huge volume of data (Digital) generation across a product

2.       Searching right information at right time

3.       Change Management - Tracking change and history of a product

4.       Managing Complicated EBOM, MBOM, PBOM

5.       Collaboration across different business units in various geographies

6.       Avoiding duplication of data – Single Source of Truth

7.       Effective communication (DAMA concept) between departments (Workflow processes )

8.       Securing Organization’s Intellectual Property (IP)

9.       Innovation in NPD

10.   Keeping Skilled Resources

The above said challenges adversely affect the Organizations Product Output if not handled carefully and properly.

Now “a PLM Tool” comes into picture to address all the above said challenges, it will prove how the PLM Tool will help the Organizations to make Strategic Plan to success,

In next posts we will discuss about PLM tool and how it works to help Organization in getting more ROI.

Bye for now.

Anil Kumar JR

Passionate to PLM

Organization's Business Strategic Plan

Every human being has their own strategy to execute their tasks in daily life.

Strategy is Path and flow of collection of Plans to execute and reach any organizations or individuals vision & Mission,

“Vision is looking at planned future view and position what and how organizations want be in the future”

For example: My (organization) Vission is "to become a Pioneer in the world for PLM business &services".

“Mission is collection of objectives to execute and to reach Visionary statement “

For example: to make customers Happy in End to End PLM services, No compromise on Quality with best PLM service, Hassle Free PLM solutions for clients etc.

Most of the organizations undergo loss and will be failed to continue operations because of improper strategic plans.

Major point from Business Strategic Plan which should be planned well is, "To give Economical & Qualitative Product output with Customer satisfaction". To produce excellent Quality product, organizations need Skilled Employees, Good resources and excellent Materials and with that well manageable Project Team. To work with this strategic Plan Organization should save huge amount of time and money by trading off wastages in all resources and should work collaboratively to give Qualitative & Competitive Product output on time to Market to Delivery to Customer. By failing to execute this strategic Plan Organization will surly goes under loss or “Return on Investment” will be in negatives,

So making Business strategic Plan and executing this plan is very well important to win and survive in the Globalization competition world.

Next post we will discuss about PLM tools and how it will helps to reach the strategic Plan effectively.

Bye for now.

Anil Kumar JR

Passionate to PLM

Globalization Trend towards Moon and Mars,

In this Globalization Trend Technology is moving towards  “Moon and Mars” and humans are so diversified and talented in developing things for their convenient,, Human can do anything for his comfort by using his skills and the fast moving Technologies,,,

Because of this trend everybody in the race for becoming master in their own path and vision.

This race causes huge competition between humans and off course "survival of the fittest rule" for the competition they created,

The main competition areas are Education System, Engineering Industries and Production Systems, Technologies, Medical, Agriculture, Politics, Sports, now day’s human feelings are also in competition for

breakups, all the way there is Huge Competition,,

There are few areas like "Engineering Industries and Production Systems" which are building world, as Engineers build the world and more focus towards social responsibility by creating everything what Human needs to live with comfort. So competition is well built within this area to create Engineering things for human comforts.

There are few areas of Engineering which will create things for Humans are, Automotive Industry, Aerospace Industries, Construction Equipment’s Industry, Heavy Machinery Industry, Apparels Industry, Energy Industry, Life science Industry, Civil Architect Industry, Marine Industry, Mining Industry, Consumer Goods and Food Processing Industry etc etc etc,,,,,

All the above said Engineering Areas are contributing lot for human society with quality product and service. There are number of Players in the markets with respect to different above said areas and there is tremendous demand, pressure and competition to produce a Qualitative Product,,,

Those will give Excellent Products to market they will be winner in the global market competition, off-course there will be loser position even though there is Excellent product come out,,,,

So “Globalization Trend moving towards to settle in Moon and Mars” is taking humans beyond the technology and everyone wants to struggle for existence in the market trend change settings.

Every organization developed their own strategy to win the market. We will discuss in next posts that what is strategy and how Organizations works with strategy to win and survive.

Bye for now...

Anil Kumar JR

Passionate to PLM