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Manufacturing

When managing a project, the project management team really needs to understand the expectations of top management as well as those of the key stakeholders who have a vested interest in the project.

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A lack of driving innovation puts any organization at risk of failure. Xerox is a great example. They were first to invent the PC a decade before mass-market GUI machines became available. Unfortunately, management thought going digital would be too expensive and wouldn't be able to replace the Xerox copy machines so they didn't explore the opportunity further.

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