By Liam Simcha at September 23 2018 13:51:18
Retirement Plan Flowchart : One way of keeping track of the retirement plans is by using a retirement plan flowchart. Such a flowchart gives you a graphical view of all the activities that have and are going to occur in the whole process of retirement planning. There will be various lines and symbols all with their own meaning showing all the steps to go through the process. A retirement plan flowchart is a planning tool that an individual can use as well, then it will show you the whole process at one glance.
Multiple inputs to the process exist : Some of them would be competition, lifecycle stage of the market, brand image, budget, etc... ; Complex decisions are made : There are many possible ways to achieve the process objectives (reach planned sales, leverage brand image, etc...) ; Each decision implies different levels of risk and potential benefits : It is the responsibility of the worker to choose the best one (low price strategy, aggressive advertising campaign, etc...) ; There are three main characteristics that make knowledge processes different from highly structured processes: Focus is on communication instead of automation.
Linear Programming, mathematical and operations-research technique, used in administrative and economic planning to maximize the linear functions of a large number of variables, subject to certain constraints. The development of high-speed electronic computers and data-processing techniques has brought about many recent advances in linear programming, and the technique is now widely used in industrial and military operations. Linear programming is basically used to find a set of values, chosen from a prescribed set of numbers, that will maximize or minimize a given polynomial form and this is illustrated by the finished; the manufacturer knows that as many articles as are produced can be sold.
They are more difficult to implement through discipline than administrative human-centric processes (although some discipline is needed). It is better to focus on obtaining buy-in from the people affected by the processes through early involvement, communication and expectations management. It is a known fact that knowledge workers are reluctant to change their habits. Some say knowledge workers don't like following procedures because they feel it limits their creativity; but most of the time they will be happy to follow a procedure as long as they see value in it, perceiving that it helps them work better and produce a better process output.