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By David J Silk (Auth.)

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Sample text

The dwellings are characterized by thirty-eight neighbourhood types, ranging from agricultural villages to private flats for single pensioners. More detail is in, for example, Parkinson and Parkinson (1987). The ACORN data is based upon publicly available sources, but is of great commercial value in the targeting of marketing efforts such as direct-mail. The added value lies in the classification scherte, designed for specific business purposes, and in the processing of the data into a manageable form.

The CSFs should be expressed in quantified terms (say turnover, profit, or market share at a certain date), so that they are objective measures and there will be no doubt or argument as to whether they have been achieved or not. Performance indicators (Pis) are management measures which can be used to check progress along each part of the voyage: from one CSF to the next. CSFs might be spaced a year or more apart in time; Pis check progress at the tactical level within a shorter timescale. Pis might monitor the same quantities, such as market share, as are used to define the CSFs.

It appears from the work of Jaques and others that the transition to a 5-year planninghorizon can occur roughly between age 28 (for those with potential for Stratum VII) and age 48 (for those whose comfortable ceiling is at Stratum V). 3 Cognitive states. (Source: Jaques, 1986) increasing even after normal retirement age. Perhaps that's reassuring, when considered from the viewpoint of the mature manager! The skills needed for managers to operate effectively at this level have been surveyed and listed by Dulewicz (1989).

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