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Two focal objectives of low cost leadership and differentiation clash with each other resulting in no proper direction for a firm. In particular, Miller [10] questions the notion of being "caught in the middle". He claims that there is a viable middle ground between strategies.
The existence of the focal point is first demonstrated by Schelling with a series of questions. Here is one example: to determine the time and place to meet a stranger in New York City, but without being able to communicate in person beforehand. In this coordination game, any place and time in the city could be an equilibrium solution.
Focal point may refer to: Focus (optics) Focus (geometry) Conjugate points, also called focal points; Focal point (game theory) Unicom Focal Point, a portfolio management software tool; Focal point review, a human resources process for employee evaluation; Focal Point, a 1976 studio album by McCoy Tyner "Focal Point: Mark of the Leaf", a Naruto ...
If a focus group is held in a laboratory setting with a moderator who is a professor and the recording instrument is obtrusive, the participants may either hold back on their responses and/or try to answer the moderator's questions with answers the participants feel that the moderator wants to hear.
As the title of Kaplan and Norton's second book [15] highlights, even by 2000 the focus of attention among thought-leaders was moving from the design of balanced scorecards themselves, towards the use of the balanced scorecard as a focal point within a more comprehensive strategic management system. Subsequent writing on the balanced scorecard ...
Aspects of a business represented by a business architecture diagram [1]. In the business sector, business architecture is a discipline [citation needed] that "represents holistic, multidimensional business views of: capabilities, end-to-end value delivery, information, and organizational structure; and the relationships among these business views and strategies, products, policies ...
The project initiation documentation is a PRINCE2 [1] term representing the plan of approach in project management. It is assembled from a series of other documents, including the business case, the terms of reference, the communication plan, the risk register, the project tolerances, the project plan, and any specific project controls or inspections as part of a departmental quality plan or ...
UNICOM Focal Point is a portfolio management and decision analysis tool used by the product organizations of corporations and government agencies [1] to collect information and feedback from internal and external stakeholders on the value of applications, products, systems, technologies, capabilities, ideas, and other organizational artifacts—prioritize on which ones will provide the most ...