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“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” (Colin Powell)
What FINAO stands for? It is an acronym for Failure Is Not An Option. In the military or in hospitals, indeed failure cannot be an option because there are so many lives depending on every decision.
Knowledge has an important impact on performance level in various ways and in different situations, such as changing and adapting organizational processes when requirements shift (Kogut & Zander, 1992; Nonaka &Takeuchi, 1995; Teece et al., 1997).
The world is increasingly knowledge centric. Rapid technological developments coupled with the ever more challenging economic conditions characterized by fierce competition, increased financial uncertainty and changing customer needs and expectations force organizations to consider learning and development activities as critical for their organizational performance and success.
Due to the economic instability, 2010 has been a year with significant challenges for Chief Marketing Officers (CMOs) and marketers around the world. 2011 is also expected to be challenging, as the effects of the economic recession continue to be felt in many economies, as well as changes in customer’s expectations and demands.
The process of creation is very important in music. In order to create great symphonies you have to be results-orienteted, metrics driven and always think outside the box. The same applies to performance management.
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