Chris Stern discovers fundamental flaws in the business administration portfolio methodology In his evolutionary Web Book on http://www.BizIssimple.com, Chris Stern explains why the traditional portfolio methodology can be a major contributor to business failures.
RALEIGH, N.C., Aug. 12, 2013 /PRNewswire-iReach/ -- In yet another breakthrough move, author Chris Stern uses his web book on BizIsSimple.Com to publish why one of the most common tools of business administration methodology does not work. "There are some methodologies in business administration that survived critical thinking much too long; the portfolio methodology is one of them", states Stern "but of course, portfolios are illustrations with bubbles and colors and their simplicity is appealing to decision-makers who have no time or clue to examine the real background of a situation."
In chapter ten on BizIsSimple.Com, Stern first gives a detailed overview of strategic and tactical segmentation. He then moves on to explain why the business administration portfolio methodology is flawed and what potential fallouts or misuse could arise. The author goes on to offer supplementary and alternative methodologies to help overcome the shortcomings of traditional portfolio methodology. Stern, who is also an experienced entrepreneur and runs his own ventures, goes on to say, "In business, managers seem to prefer the use of tools over the use of common sense. It is time to reinvent the business of business administration, take it away from academics and consultants and put it back into the hands of competent executives."
The goal of BizIsSimple.com is to look at business administration in an extremely pragmatic way and to help readers find tools they can immediately apply in day-to-day business.
The web book will be an ongoing work. In contrast to paper publications, the author can add and change content based on readers' input or updated knowledge. The new chapter is called "Portfolio" and is available for immediate reading at http://www.bizissimple.com.
Every chapter comes with a downloadable presentation and the author plans to add video sequences in the near future. Until further notice, access to the site is free of charge.
IFEM Management Consultants Inc, doing business as Institute For Efficient Management, is a management-consulting firm delivering integrated business administration solutions for organizations needing to simplify the processes of strategic and business management. IFEM helps its clients design and implement strategic plans that are highly efficient and effective. IFEM's founder Chris Stern is best known for his statement that "business is simple until academics and consultants make it complicated". IFEM serves corporate customers throughout the United States and Europe, and specializes in improving the performance of U.S. subsidiaries of European companies and EU subsidiaries of U.S. companies. Click here to read the IFEM Website and to contact IFEM. To read the web book on bizissimple.com, click here.
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The web book www.bizissimple.com is an educational business publication and not a factual report. Unless events, persons, or situations are described and quoted based on public knowledge, all events, persons, or descriptions are strictly fictional. Any resemblance to existing companies, people, or situations is unintended and purely coincidental. Citations for third party sources used in this publication are available in the publication, in the accompanying slide shows, or available upon request from the author. The owner of the website and blog on www.bizissimple.com makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information. These terms and conditions of use are subject to change at anytime and without notice.
Copyright 2013 Chris J. Stern, all rights reserved.
Media Contact: Chris Stern, IFEM Management Consultants, Inc., 9195218907, firstname.lastname@example.org
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SOURCE IFEM Management Consultants, Inc.