Secrets for Successful Micromatic Company Operations
1. Ask good
questions. Quickly learn the rules and details.
2. Gain
information on the magnitude and variations of demand.
3. Make better
forecasts.
4. Find out what
marketing mix produces the desired cost-effective sales.
5. Buy the
"correct amount" of competitive information and use it wisely.
6. Keep all costs
under control.
7. Gain a
competitive edge or two.
8. Satisfy all
the various stakeholders in an ethical, responsive manner.
9. Develop your
analytical skills; become efficient and effective problem solvers. "To
know" rather than "to think" or "to feel" or "to
guess" or "to hope" or "to believe" or "to
pray" Do you have a strategy or are you gambling?
10. Learn from
your mistakes. Know something about damage control when things go wrong.
11. Have or
develop a "number cruncher" - someone with analytical and
quantitative skills, or financial management skills. Use your calculators. You must know how to calculate the economics
of the various options and to recognize their accompanying risks. The answer is usually in the numbers.
12. Develop your
human relation’s skills of cooperation, harmony, and teamwork, along with good
decision and time management skills. Team members must learn to develop
perseverance and determination, learn to work with the less motivated, and to
wrestle with issues of fairness.
13. Maintain good
relations with the game administrator.
14. Read and
re-read your manuals to discover new possibilities or to get “unstuck.”
15. Be a little
lucky and have fun with the work.