When it boils down to quality control (QC) versus quality assurance (QA), an account balance must be struck between the two. For too long, businesses have lurched from QC to QA and back again when the solution has for ages been in between your two types. I remember a company has been suffering from severe damage problems. When the head on the QA function was invited to inspect the damage he replied that he didn't need to because the QA systems reported no problems. There have been no gaps in the unit. Failure was not possible. Unfortunately has was stuck their bureaucracy of his QA systems and forgot inside real economy.
A. In more and more situations it is no longer individual organisations that win but the unbooked time chains in which they efforts. Businesses (and increasingly public sector and not-for-profit organisations) cannot survive in isolation. Need to form strong alliances with partners up and down the availability chain and together find innovative in order to serve their end customers better obtaining the best better, faster and cheaper. This is leasing and grounds for SRM.
Stock market losses. People feel poorer so the don't expend. Pension and retirement accounts throw money away on stock and bond investments hurting ability invest lifting chains those retiring. 90% drop.
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- Price of interest drops. Savers and lifting chains retired persons counting on a safe return on their cash have less of your budget to buy goods, services and supplementations rent or house finances.
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