Search

The article discusses the correlation of the three key areas which include people, process and technology to the development of a strong business platform. It emphasizes that balance of the three areas can stabilize a platform and the insufficiency of any can lead to the difficulty of balancing it. This is because, each area showcases different levels of importance depending upon the situation and are equally important. With this, ways to balance them are being discussed as well as the representation for each to understand them better.

This article presents information on some of the articles published in other journals on industrial management. The features in the September/October issue of the journal "Industrial Management" focus on success. Author Fariborz Ghadar discusses sustainability on a global level in "Population: Shifting Demographics." He writes that some countries that can least afford to support a burgeoning citizenship will find their resources stretched to the limit. In "Strategy Sustains Success," James E. Cashman asserts that becoming successful isn't the end of the journey; rather, remaining successful is the goal. He discusses the staying power of simulation software provider Ansys, which credits its success to a strategic vision that focuses on customers and fuels the company drive to develop innovative technology.

The article informs that time is an important factor in operations. With the changing economic conditions, it becomes even more essential to capture the amount of time required for activities and associated expenses. The author downloaded a trial version of Best Software's TimeSheet Professional for review. He found it to be a very useful tool for capturing time details and expense information. The software can serve as an add-on, enhancing existing financial, project management, and payroll systems, or it can function as a standalone time management tool.