Posts Tagged Competitive
What is Total Competitive Management ?
Posted by Admin in Management on November 10, 2009
For someone that has a difficulty to explain what is TCM this articles is for you. The TCM (Total Competitive Management) Management means overall competitiveness. It is as much a philosophy as a system and method of administration which pursues the highest absolute and relative competitiveness by finding the optimum of the organization as a whole.
It is therefore to balance the various functions, areas and processes, as well as between the short and long term. It also seeks to achieve the best balance between the objectives, management skills, resources and environment. This is also the optimum relationship between logic and rationality, and creativity and innovation.
An organization can not innovate without creativity, without innovation there is no chance of being competitive. Nor can it be exclusively devoted to innovation aside the rationality of numbers, which are behind the financial, productivity and quality.
Thinking in the short term to achieve rapid benefits is necessary, but do apart from improving medium and long term for the various processes is suicide.
Directing involves decisions, and it is always necessary to know to find the optimum. So, if it controls, poor control leads to the generation of huge losses because of lack of control or what is the same for the excess of control. On the opposite side, over-control leads to paralysis of business, excessive bureaucracy and high costs associated with them. We then managers need to find the optimal level of control.
Just as in the previous case can emphasize the need to find the optimal time to automate or automate processes, computerization activities and manage any other activity or resource.
So also when analysis is necessary to take into account that not everyone behaves rationally. There is both rational and irrational behavior. We are also subject to this reality. We must act rationally, but always taking into account that consumers, investors and competitors can, and often act irrationally.