RALEIGH, N.C., June 20, 2013 /PRNewswire-iReach/ -- Back in 2004 Author Chris Stern has already revolutionized the SWOT methodology in his book "Total Customer Focus". Now Stern has added another major step to improve usability of this indispensable business administration tool.
In chapter nine on BizIsSimple.Com, author Chris Stern first advocates for a pragmatic approach to situation analysis and compares advantages and disadvantages of traditional and new ways in company analysis.
The author then reiterates the morphological approach of his proprietary SWOT methodology to develop optimistic (opportunities / strengths), pessimistic (threats/weaknesses), opportunistic (opportunities/weaknesses), and cautious (threats/strengths) strategies. Stern then goes on to discuss two situations that in his opinion traditional strategizing does not cover. These are super-optimistic situations that just need a "go", and super-pessimistic situations that warrant immediate abort.
Stern details the new scenarios as follows: "Super-aggressive strategies often arise out of extreme situations and allow organizations leverage where there has been none before. These are the no-brainer moments and all you need to do to succeed is to go fast." He then continues, "There are ventures that inevitably have to fail, either because of their setup, the people involved, conflicting interests, or all of the above combined. These need specific handling, including but not limited to structured retreat and elimination of negative leverage.
This chapter provides readers with an innovative way to use the SWOT in developing strategic options.
The goal of BizIsSimple.com is to look at business administration in an extremely pragmatic way and to help readers find tools they can immediately apply in day-to-day business.
The web book will be an ongoing work. In contrast to paper publications, the author can add and change content based on readers' input or updated knowledge. The new chapter is called "Future Identity" and is available for immediate reading at http://www.bizissimple.com.
Every chapter comes with a downloadable presentation and the author plans to add video sequences in the near future. Until further notice, access to the site is free of charge.
IFEM Management Consultants Inc, doing business as Institute For Efficient Management, is a management-consulting firm delivering integrated business administration solutions for organizations needing to simplify the processes of strategic and business management. IFEM helps its clients design and implement strategic plans that are highly efficient and effective. IFEM's founder Chris J. Stern is best known for his statement that "business is simple until academics and consultants make it complicated". IFEM serves corporate customers throughout the United States and Europe, and specializes in improving the performance of U.S. subsidiaries of European companies and EU subsidiaries of U.S. companies. Click here to read the IFEM Website and to contact IFEM. To read the web book on bizissimple.com, click here.
Caution Regarding Forward-Looking Statements
This news release contains certain forward-looking statements by the company that involve risks and uncertainties and reflect the company's judgment as of the date of this release. These statements include the expansion of development of IFEM consulting services and the timing of the introduction of new consulting offerings. The forward-looking statements are subject to a number of risks and uncertainties including matters beyond the company's control that could lead to delays in new service introductions and customer acceptance of these news services, and other risks and uncertainties as any small business typically is exposed to. The company disclaims any intent or obligation to update these forward-looking statements beyond the date of this release. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
The web book www.bizissimple.com is an educational business publication and not a factual report. Unless events, persons, or situations are described and quoted based on public knowledge, all events, persons, or descriptions are strictly fictional. Any resemblance to existing companies, people, or situations is unintended and purely coincidental. Citations for third party sources used in this publication are available in the publication, in the accompanying slide shows, or available upon request from the author. The owner of the website and blog on www.bizissimple.com makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information. These terms and conditions of use are subject to change at anytime and without notice.
Copyright 2013 Chris J. Stern, all rights reserved.
Media Contact: Chris Stern, IFEM Management Consultants, Inc, 919 521 8907, firstname.lastname@example.org
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE IFEM Management Consultants, Inc.