Management project needs to
accommodate for complexity, how organized the work and learning, the practice
management and its evolution taking to the projects even to the host organization
(Artto et al.,2011). It is important to understand that the project managers
have to work for corporate strategy through projects ( Loch & Kavadias,
2011). It seems to be a general challenge to a company the gap between strategy
and its performance. (Lockwood & Walton, 2008).
As Lockwood (2010) note, an
organization needs to empowered the creativity and strategy to enable the
evolution of its culture. With the business goals, dealing to different
opportunities, unmet client needs and emerging ideas the design strategy should
resonate (Stone , 2010). Strategic design has to be manage; it wont just
happen (Lockwood and Walton, 2008). In
terms of employing design to the business and its process, the attitude of the
top management plays the major role (Kootstra, 2009). Such businesses or
companies probably use design in most successful and broadest manner to perform
the important role for its corporate culture. Design activities and business
strategies viewed as the collaboration of design strategy (Stone, 2010 , Canada
et. al.,2008). To perform trial-and-error learning and to make comparison of
experiments are the two approaches to be identified in making design strategy
(Loch et al.,2006, Loch Kavadias, 2011)
and Narendran (2015), stated that proper mixture of stake towards business
between the owners and the creditors have to be made in which the future cash
flow can be avoid to improve the financial stability of a company. The company
should identify the weaknesses of an investment with regards to capital in
order to a company to increase its financial performance because it is the
indicator to management’s decisions (Prateempkanth, 2011). One of the most
important factor is managing money for financial capability and to make ends
meet and to keep track of expenses (Atkinson, McKay, Kempson and Collard,
2006). In building business, first thing to do is to secure the customer base.
Without having to pay for space, it can put together a fairly extensive
advertising campaign (Beattie, 2015).
An effective manager does not force
the employees to work, because it can breed resentment and disloyalty. Being
too favorable to employees can lead to bad habits and laziness (Demers, 2016).
stated that proper financial management is needed for the success and
development of the business including expulsion through franchising.