Planning for a sustainable future means first synchronising watches

Article Abstract:

Every culture, which includes management culture, has its own way of understanding time. The understanding of time used as a business tool is called scenario planning. Scenario planning clarifies options to prepare for the known and become aware of the unknown in a particular business situation. Large global companies utilize scenario planning.

Methods, Analysis, Time perception, Strategic planning (Business)

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Hail the 'age of access'

Article Abstract:

Issues concerning the ownership of tangibles versus ownership of intangibles are discussed. Particular attention is given to the management strategies of ownership, including shared ownership. It is emphasized that despite the growing importance of intangibles, tangible assets are lower in risk.

Management, Capital assets, Intangible property, Intangible assets, Property

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The D should go from R and D

Article Abstract:

Some observers of Australian business and industry have suggested the cost of developing a new idea far outweighs the cost of research and therefore the two activities should be separated. Some 80% of the budget for research and development will be spent on developing a new idea or product.

Finance, Industrial research, Product development, Aeronautical research

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