How should organizations allocate scarce resources in a competitive environment?
97217
To the highest bidder.
406291
When it came to building the Pyramids one first must develop the idea, make the decision based upon planning and available resources. The man power required and the support teams. Before recruitment of the labor force study the cost of transport and gathering of materials and employment of the managers in order to get things moving. You have to feed these people too. Additional resources in social behavior is a plus.
1036019
Perfectly optimal, not really.  That's just in textbooks where everyone has perfect information and the rest of the unrealistic assumptions.  It's possible to have a highly efficient firm, though, where it is always trying to cut costs and increase revenues as much as possible.  Where humans are involved, there's a lot of room for non optimal results.
494634
Before making any decision (such as whether to acquire another business, build another plant, hire more people, invest in a new product, etc.), management should weigh the costs (potential risks included) vs. the benefits to be gained (profits).\n\nThus, for example, if you could make $500/unit of some new product that costs $1000 to develop, you would only need to sell 2 units to break even.  If it is feasible to sell 3 or more, according to this cost/benefit analysis, developing the new product is a good business decision. (bad example, but it should illustrate the point)
177929
I assume you are talking about strategic planning? If so and are an enterprise sized firm there are ton's of resources- try the OGSM (Objectives Goals Strategies and Meausres) approach from EMM Group. E-mail someone there to ask about it- they are very accomplished at using the process.
407599
It is not a competitive advantage any longer. It is a matter of survival. The competitive advantage ended in the 70's. A modern enterprise can not be properly managed or run without an information system. The days of the rooms full of people with green eye shades is over.  Even individuals rely on information systems today. Quicken, MS Money, spread sheets. I have a gross of spread sheets. \n\nLet us take for example of just one business, the grocery store. Actually, today it is called the supermarket.  30 years ago, they had scores of clerks stamping prices on cans of beans, etc. Then they had scores of clerks keying those prices into cash resisters and other scores of clerks going through the isles trying to determine what they needed to restock. Then they had scores of clerks typing up purchase orders for more beans. Informations systems have eliminated all of that. The bar code on the product, tells the information system the product that was just bought. The information system calculates the price, deducts the item from inventory, and checks against the reorder point, and if that is reached issues an order for more of that item from the vendor and transmits the order to the vendors computer. \n\nDo you think that a company such as Walmart could even exist today without information systems?
426083
A market system is driven by supply and demand.  Price of goods is thus determined by the balance between supply of goods and the demand for those goods.  High supply with low demand creates a low price (think 'SALE!').  A low supply and high demand creates a high price (think heart transplants).  The pursuit of profit will always lead to the lowest price with the highest level of supply (this is called 'competition').\n\nBest wishes and good luck.
276042
Leveling resources - often results in pushing out the end-date\n\nCompressing (if you mean putting things in parallel)- increases risk of rework, increases communications challenges, and may require more resources\n\nCrashing (adding more resources to critical path tasks) often requires more money and so increases the risk of going over budget.  Can also reduce the effectiveness of the existing resources.)
72048
Sounds like you need to find better people for your staff. You need to offer compensation attractive enough to get the right people. Figure out what those delays are costing you and tack on a good percentage of that value to what you offer potential employees.
532310
For one, measuring availability.  How does your business value their availability of e-mail, applications, data, communications, etc?  A great IT team can prove it.\n\nRead more about it from a Microsoft strategy called MOF.
775300
If it were me, I would look at countries with a high population that do not have adequate transportation.  More countries are expanding and you're going to have needs there as more and more people join the workforce.  What you need to do, is research to identify what countries, what their needs are and how your company can supply those needs, in a profitable manner.
439332
species or members of a species vying for the same limited natural resources, like say people for a job or deer for food.
831746
Tie the managers' financial rewards to the company's performance.  Stock options are one way to do that.  If the company does well, the stock received by the manager is worth more.  If the managers run the company into the ground, the stocks are worthless.
30983
There are lots of reasons why a manufacturer might be interested in this. For example, suppose that a manufacturer wants to produce a container with a given capacity that uses as little material as possible, so it is inexpensive to produce. This could easily lead to characterizing potential product designs with parameters like the ratio of volume to surface area; designs with larger ratios will potentially be more profitable.
696210
Give more than you take. Love as much as you can and often. \nExpress yourself. and budget;)\n(oh and prioritize-PEOPLE PEOPLE PEOPLE over things and $$$)
863538
Thanks to Big Blue and their being the pioneers in "downsizing", this is a common scenario nowadays. \n\nSpread the workload as evenly as possible, ask for and pay attention to their input and implement ideas worthy of consideration where possible. BE HONEST if at all possible. Understand that workers today are wearing several hats and stress is so thick in the workplace it can be sliced up for sandwiches. Reward loyalty and do not encourage suckups.
449192
Some companies think it will save them money (although rarely are all the costs including opportunity costs considered) some companies do so because they do not have the necessary resources in house