Strategic Planning is a very important aspect of business activities and is practiced widely – if not always so satisfactorily. Well designed and executed planning provides an overall strategic direction to the management and employees of an organization and also enables functional areas such as finance, marketing, organizational development, and human resources to achieve [...]

Reserves are common in military applications, but largely unknown in the business world outside of things like financial reserves and reserve capacities. Despite the fact that they are not commonly considered in the business world, they are of great importance, for the whole concept of reserves is based on the premise that it is impossible [...]