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.