Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What are the constraints on the business today?

user-image
Question added by Kim Banatanto , Business Process Analyst , SPI Global Solutions
Date Posted: 2013/08/12
Nadia Ahmed Mohammed Saeed
by Nadia Ahmed Mohammed Saeed , T/L. Credi t& Risk , Canar Telecommunication Co. LTD.

The one thing that we need to understand is that all people want the same things.
They want the company to do well and to grow so that they can realize their personal goals.
For all of this to happen, the company must be profitable and always show higher productivity, and while doing all of this, the company must simultaneously keep costs down.
When there is a hit economy all companies go on one way cutting cost ,cut jobs, and do whatever else they can do save money.
In fact, many companies that practice shown growth during the worst economic conditions.
will focus on the growth of the company during slow times, consequently improving productivity and revenue.
The company will not try to increase the volume of sales; instead it will try to increase the profits.
hey might improve performance by using newer technology.
They would rather do this than cut their workforce and then have to re-hire when the economic storm passes.
They will keep current employees, so that when the economy gets better they will be able to immediately go to full production because they will have quality people that they can rely on to produce a quality product.
The Theory of Constraints is essential for today’s businesses wishing to weather the slow economy and come out on top when things get better

Binod Timsina
by Binod Timsina , Human Resources Business Partner , CG Corp Global │ Chaudhary Group

Access to and cost of finance.
Tax rates and/or administration (including direct and indirect taxes, double taxation policies and harmonisation).
Access to skilled labour (including issues related to the free movement of people in the region).
Economic and regulatory policy uncertainty.
Fluctuations of the exchange rate/foreign currency regulations, including with respect to remittances.
Customs regulations, procedures and bureaucracy.
Supply of reliable and efficient infrastructure, including transport, telecommunications, IT and energy.
Corruption.
Inefficient bureaucracy, including transparency of rules and regulations, business licensing and investment permits.
Non-tariff and other trade barriers, including technical barriers to trade (TBT), sanitary and phytosanitary measures (SPS) and standards, quality assurance, accreditation and metrology (SQAM) issues.

Nanana Nanana
by Nanana Nanana

Instable economical and political environment.
Changes in the taxes or entrepreneurship policies that can happen "overnight" and impact the business significantly.
They are hard to envisage and almost impossible to impact - that is why they are the biggest constraints.

SEOLYEONG JEON
by SEOLYEONG JEON , instructor , Design #

In cases of multinational coporations, I think it is 'cultural difference'.
negotiation is performed interpersonally.
there might be various people who have different cultural background each other.
If it is not improved, it will come into conflict.
The main point is interactive communication.

abobaker Mohamed Mahmoud sarsour
by abobaker Mohamed Mahmoud sarsour , ادارة مشتريات ومبيعات (تسويق) , NG Information System

تراكم الاعمال .
عدم التنظيم الجيد للاعمال .
عدم ادارة الوقت بشكل صحيح.
عدم استخدام الموظفين بشكل صحيح البيروقراطية في المنظمة تقسيم خاطئ للاعمال داخل الوحدات الادارية.

IRPHAN GHANI
by IRPHAN GHANI , Senior Management , A

In my view, currently, cash crunch is becoming the biggest constraint in business as the flow of liquid cash is squeezing.
Every body is holding back on their liquid cash and are very judiciously spending.
Be it an individual or an organisation.

Samin Sunny
by Samin Sunny , Deputy Manager - Retail Banking , HDFC Bank

The main constrain of a business or the success of a business depends upon the customer or the end user who really has the need for it.
So the customer satisfaction and reliability counts as the main factors.

Mutaz Ali
by Mutaz Ali , CX Simulation Specialist & Digital UAT Specialist , SBM- MOBILY

Financial and trust

More Questions Like This