Coreporate Management for Innovative Profits

A corporation has a limited resource, including cash, technologies, manpower, business networks and brand. Now, it has encountered at least three challenges or barriers:

1. Market shares
2. Customer base
3. Innovation for Profits

Market shares are a volume of sales orders in target markets compared to other incumbent rivals. A corporation can rethink all processes to keep new orders coming from old and new clients. Products are designed and created through a business cycle of months and years. Values of products hold until a new cycle of newly developed and released products and services. Some features and values are valid in the past, but not in today's consumers' expectation. A corporation must change designs, qualities, prices and embedded technologies based on market analyses and observation.

Customer bases are specific groups of customers in one market or combined markets. Their expectations and demands also change from time to time. Their observation and sophistication about new products are quickly improved and mastered. Their yesterday favorite products will soon be replaced by new concepts and values. For instance, Smartphone, tablets and mobile media devices are developed and recycled in a vary rapid manner. That means a business needs to evaluate its budget of developing new products for a certain period of time - 1 year to 2 years, and then the former must invest a new model with a new budget. All features, functions and design are reviewed and evaluated for redesigning, re-engineering and modification for improvement, innovation and breakthrough. The more a producer can satisfy customers the more chance the former earn a larger marginal profit.

Innovation goes with new ideas, methods and deliveries. Consumers believe they have purchased the most of state-of-the-art products compared to alternative products in a same category. Innovation is implemented into three dimensional business models - a first dimension of product designs, a second dimension of product qualities, and a third dimension of product features. With all combination of three dimensional innovations, a producer can guarantee profits by maximizing values of innovation.

A corporation can adjust its budget for R&D programs based on today's market demands and future market demands. A domestic market demand is different to overseas market demands; therefore, a corporation can consider how to create one or more than one version to meet both markets.

Dynamic Management Concepts for both U.S. and Asian firms from November 15, 2011

Bloggers have defined dynamic management models based on objective and subjective judgments as well as integrated experiences. In the topic of developing a new dynamic management model, including new concepts, experts and consultants take some initiatives of matching past records and patterns with future projections in order to suggest new management models. Here is the new recommendation.

American firms have sought new spaces of sales revenues or minimize costs for more profits.

Asian firms have developed new products and services to offer local consumers who can purchase or establish new distributors in new markets - Central Asia, South Asia, Africa and South America.

Consumers can choose both American and Asian producers that can offer better products and services. Marketers also understand market sizes and physical conditions of target markets to customize and design products with win-win features and appealing outlooks.

New dynamic management models are reflected local markets' conditions in which producers can redirect funds and capitals for export primary deals into local business activities. Non-stop improvement processes of business operations can be explained to satisfy internal stakeholders' interests and external customers' expectations. Standardizing as many functions as possible is one of primary steps.

Building New Wealth on a Current Crisis

Updated news about Euro Zone – inflation 3%, unemployment 10.2%, business investment 20.9%, household saving 13.9%, 10 to 20 pupils per teacher in primary education in 2009, and industrial orders up by 1.9% - are most remarkable and understanding indexes. In comparison of GDP per capita in purchasing power PPS, used EU27 as a standard of 100. The changes are recorded from 2000 2010.

Country	2000	2001	2002	2003	2006	2007	2008	2009	2010
EU27	100	100	100	100	100	100	100	100	100
EU25	105	105	105	104	104	104	103	103	103
EU15	115	115	114	114	112	111	111	110	110
Belgium	126	124	125	118	118	116	115	117	119
Germany	118	116	115	115	115	116	115	115	117
U.S.A	161	156	154	154	154	151	146	145	149
Japan	117	114	112	110	110	109	105	103	107

(Source: http://epp.eurostat.ec.europa.eu Nov, 2011)

Wealth and Prosperity secured by Positive Economic Management

Based on investment sizes and market dimensions, a corporation and individual investor may choose to develop two investment and business platforms – (a) domestic market opportunities and (b) overseas market opportunities – in which their capitals are diversified and allocated at modes of risk-management and opportunity thresholds.

First of all, we look at a certain group of market and economic indicators that service both platforms – domestic and overseas. We need to evaluate opportunities and weigh risks before designing a package or baskets of capitals and business management tools to guarantee a high return and reduce risks. Our objective goals are set to our fundamental investment and management strategies.

Values and attitudes toward learning and human capital development

Learning is a non-stop process. That is a reason a company hires a qualified candidate with hands-on experience. Most business schools hire renowned professors and experienced guest lecturers to update enrolled students with both relevant knowledge and future-in-trend business practices. For a fundamental requirement, a student or employee all gets multi-dimensional inflow of information and news as renewal and refresh reservoir of knowledge. Social networks, blogs and mobile technologies have not only benefited business clients over effective and efficient marketing and product development platforms, but also connected customers and producers over virtually interactive environments. Text books are revised and re-published every three or four years to pocket profits into publishers and professors who use those books in curriculum. Daily and weekly lectures must be embedded with both online news and seminar discussions to enrich contents of those lectures. Students and employees can evaluate qualities and reality of their professors’ creditability and content-oriented lectures. Executives at multinational firms are not prestige school professors, but earn ten times or hundred times a salary a professor makes a year. But a professor knows how to deliver his or her messages to inspire and inform audiences. A dynamic learning environment is not limited to a school campus or classroom, but also a workplace.

Markets and Business Transactions

U.S. government granted $4.7 billion in forms of loan guarantees to major companies building solar panels and solar electricity-generating equipments in U.S market. The government hopes to provide a sufficient fund of promoting domestic solar energy technology development and production, while reducing risks of loss on unproductive and non-feasible projects. Not all green technologies are feasible and sustainable in terms of benefits versus investment, efficiency versus productivity. Three companies – First Solar, SunPower Corp, and Prologis Inc – are primary beneficiaries of using such loans to accelerate their rolling-out installment plans over industrial buildings and target segments. Technologies must be proved and tested to qualify all categories before mass production.Their stocks have more optimism on investors. 

Governmental agencies likely pay contractors to work on their projects rather than hire federal employees. There are at least two reasons – a commission on a contract for a representative, no attached incentives and benefits. Depending on qualities and nature of projects, a governmental agency may find more profits or less. If they evaluate benefits of concentration, specialization, and time-consuming, they will choose outside contractors.

Global talent pools and Entrepreneurs

Talents are not limited in one nation, but available worldwide. Google has focused its new funds of starts-up in London, can explain such investment strategies. London has a high immigrant population as well as diverse cultural environment. Such advantages can be boosted by flexibility and internally flowing capitals at London stock and currency exchange markets.

Capital markets have connected available funds to serve market demands, especially loans and bond buying transactions. JPMorgan & Chase has built its name in U.S. and Europe for centuries. China's banks and financial firms have accumulated their cash and funds over the last three decades. Underwriting and partnership are all sharing profit procedures and strategies to connect markets to markets. Expertise and global business networks also seek sustainable values from each member or partner in such deals.

President Obama and his job creation plan of $447 billion can diffuse economic and confident powers into U.S. market and interdependent markets for weeks to come. If breaking the number of $447 billion into corporate market capitalization and sales revenues, it will create a couple of multinational corporations with the total workforces of more than 1 million employees. But President Obama does not found new companies because he can pump money into stagnant economic sectors for new business orders and production capacity. If consumers continue buying, saving and investing, U.S. market will soon resume its positive economic growth.  

Market demands and Profit-oriented Opportunities

Japanese-type casino Pachinko can be seen in almost any city and town in Japan. Asian markets have both legal and illegal casino forms for centuries. Macau and Singapore have grown in sizes and quality to attract new customers on their trips to Macau and Singapore for billions-of-dollar revenues. Now Japanese Pachinko makers and investors have more reasons to expand their businesses in other Asian cities.

Employees like social networks. Customers like social networks. Finally corporations make a decision of jumping into those lucrative socially connecting platforms for marketing, customer services, direct sales and direct communication. Understanding values of social networks can help companies boost sales and increase productivity. 

A cycle of Innovation and Creativity

A corporation can take a lead in developing new products and services to win customers at home and abroad. But each corporation has also encountered so-called cycle of innovation and creativity. Sony used to lead the global market with two iconic products and models - Walkman and Trinitron in 1980s and 1990s. And then Apple has emerged to offer computers and entertainment products - iBook, iPod. Apple has continued expanding over Smartphone and tablet with iPhone and iPad. Will Apple end its cycle of innovation and creativity? Will there other new brands to emerge such as Google Smartphone and Microsoft Smartphone?

All corporations can do now is to cultivate seeds of innovative and creative spirits into their workforces. Either of using in-house talents or acquiring new brands, innovation and creative must be nurtured and persuaded at all levels from day to day. Consumers can compare qualities, designs, features, user-friendly-interface functions and easy-to-use rating for new products and services. Wrong investment and wrong management style can not only waste time, money and talents, but also lose market shares and market position. 

Evaluating Elements in Markets

Incremental price is a term of charging a little or proportionately to an extra quantity or quality of a product or service to a customer who request so. A business usually creates a sentiment of variety and more choices to customers who desire to change their orders in advance or at-a-moment. A business may choose different reasons to raise an incremental price on such requests or orders. Values of new adding materials or labor cost or skills are a first reason. A quantity of adding materials or labor or skills is a second reason. A physical image or impressive of adding materials or labor or skills is a third reason. Customers like to see more choices when they go shopping and be treated specially with respect. Incremental prices are choices and prestige customers expected to trade off for customized orders and special choices. In the end, customers have high satisfaction, while a business earns an extra profit. 

Affordable Solutions to Multinational Corporations

Debts have occurred simultaneously not only in one market, but also other markets – exposing interdependent and exchangeable functions. Demands start to decline as soon as a job market is frozen and consumers’ debts are rising. What are market-and-consumer-driven demands?

Fundamentally, consumers spend more in a situation they can see a brilliantly shining future – stable jobs and increasingly earning incomes. Investors can allocate funds or money from one less profitable sectors to lucrative and promising sectors at home and abroad. Any economy gets along with its typical patterns of business cycles – ups and downs from a first stage of slow business expansion to a second stage of low sales revenues in businesses, and then going to a third stage of hitting a bottom or dry for a new self-adjustment mechanism of capitals and series of mergers and acquisitions, and gradually moving up to a new cycle of a bull market before reaching a new record of an economic growing peak. Investors and stakeholders in one business firm can gain or loss through five stages of one business cycle. But money and assets are unchanged in terms of values. U.S. dollars can be less attractive and weaker in terms of buying goods and services. But U.S. dollars also behave two opposite roles at home and abroad for an American consumer to buy goods in U.S. or spend in a foreign country on a vacation. If more U.S. companies cut off their workforce sizes, U.S. economy will soon experience more painful sequences. But on the other hand, U.S. investors may anticipate such outcomes so that they have already moved their funds to foreign markets in different diversified investment portfolios with high returns and generous dividends. U.S. government immediately responds with economic stimulus plans of pumping more monetary packages into frozen economic sectors to provoke new demands and supplies. American consumers then hope to get jobs in those sectors to continue their spending behaviors and activities. 

Technologies and Marketing Approaches

Computer-aid financial tools have helped multinational firms generating billion dollars of profits; but software developers who have drawn all considered cases for outcomes cannot win market changes. A story of Goldman Sachs closing its Global Alpha Fund is convincing evidence. Most computer-aid financial tools can reduce human works and brainstorming processes at a lower fixed cost, but human managers and market-watchers are still on a payroll list to avoid a similar case. Online trading forms and market analytic tools are designed to meet customers with more effective and accurate results, but a final decision is still in a human decision-maker. Bloomberg, The Economist, Reuters and McKinsey&Company have invested in developing computer-aid tools for at least three advantages:

1. Lower analyzing and number-punching-process expenditure
2. Increasing computerized and standardized procedures and results
3. Transparency and globally interactive platforms 

Connecting to Customers

Producers always search for new tools of delivering sales messages to target customers. Print materials – flyers, newspaper, magazine, books and journals – are among the oldest media of connecting producers to customers in limited geographic and demographic dimensions. Since the advent of the internet ubiquitous, any modern society has been changed in one way or other way. Personal communication is a first benefit for less time-consuming, convenience, anytime and anywhere – emails. Business organizations and governmental agencies have also allowed employees to communicate by emails with ethical codes and regulation. Such fast-and-convenient features have increased effectiveness and brief of messages from one person to another over their purposes of using emails. Marketers have abused or exhausted all possibilities of delivering new sales messages to target customers without acknowledge of willingness and unwillingness from customers’ moods and curiosity. Customers now have opted-out spam emails or harassed emails to customize their own selections of information and news from favorite sources – Facebook, Goupon, Twitter, and others – to scan new lowest prices of newest products and services. Such trends of sophisticated customers have indirectly increased ad sales earnings for those social network companies.

Seven Core Business Concepts

When companies begin to implement new business management strategies to achieve three long-term goals - (1) sales revenues, (2) market shares and (3) market position - the formers have already approached domestic and overseas markets with particular investment strategies and business management models. Business firms can allocate resources for their short-term and long-term plans based on a combined output of profits, efficiency, effectiveness and productivity. Cost-based innovation, non-stop human workforce improvement, and up-to-date technological improvement are three essential forces driving a business organization forward. For a specific condition or situation, a business firm also needs capital resources of money and credits to maintain all business operations active and progressive serving internal and external customers at high satisfaction.  

Welcome

A nation has more than one market where business firms in all sizes and economic sectors offer goods and services to consumers - local and outside. Wealth is a form of prosperous achievements societal participants have gained through economic and political activities. Wealth-for-good is a permanent wealth by which a nation has reached under a massive scale of win-win business organizations. Any successful economy has groups of successful business firms and business entities that have built their wealth from a first day of founding a brand in a market to a mature time.

Core values of doing businesses and generating profits are roosted into motives of asset owners and investors. A business owner is one person or a group of partners or clustered investors worldwide. But generally a business has been founded on three values – (a) vision of business management, (b) philosophy of business operations, (c) priorities of business strategies.