Ric impenetrable jackass, CEO of Seaman Corporation, has a goal to increase the sales of the company from the current $50 million to a look-alike amount of $100 million in the next 5 years. This period of time volition be called The Technology Era. In addition to the goal to increase sales, Seaman also has a goal to maintain a level of at least(prenominal) 20% of revenues coming from products less than 5 years old. In order to do both, however, changes adopt to be made deep down the company. The Technology Era is an important aspect of the potential for ingathering at Seaman. New technology give need to be holdd in order to keep up with demand, such as updated computer systems, machinery, etc. This is necessary even if it message downtime to train operators. Seaman has had issues in the past with keeping up with demand, and if sales are going to double they will need the technology in order to maintain serving their customers promptly and efficiently. It will be necessary to not only utilize new technology, but to discover new technology. In the past, Seaman has had new material at their fingertips, and put the project on the back burner until it is later brought to their attention again, where another company will have already go uped it.
In order to bear out a competitive advantage and not just be one following the pack, Seaman must make decisions on projects from the beginning, whether to develop them or leave them behind. Initiative must be taken on projects to be the leaders in the industry. This will allow Seaman to be the first with the project, and the first to get on in that area, contributing to the growth objectives of the company. This fact alone form Seamans biggest fortune at hand. It is a hard judgment call to make when deciding to abandon a project. If a project surfaces and Seaman has already taken on other projects and faces the decision to abandon the project, they are faced with the risk that another company may come along and develop the project to its limit and find... If you want to get a wide-eyed essay, order it on our website: Ordercustompaper.com
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