Plc process 3 stages12/28/2023 ![]() ![]() Continued Reduction in Costs: Just as economies of scale in the Growth stage helped to reduce costs, developments in production can lead to more efficient ways to manufacture high volumes of a particular product, helping to lower costs even further.This decrease in profits could be compounded by the falling prices that are often seen when the sheer number of competitors forces some of them to try attracting more customers by competing on price. Profits will have to be shared amongst all of the competitors in the market, and with sales likely to peak during this stage, any manufacturer that loses market share, and experiences a fall in sales, is likely to see a subsequent fall in profits. Profits Start to Decrease: While this stage may be when the market as a whole makes the most profit, it is often the part of the product life cycle where a lot of manufacturers can start to see their profits decrease.With this stage of the product life cycle often seeing the highest levels of competition, it becomes increasingly challenging for companies to maintain their market share. Decreasing Market Share: Another characteristic of the Maturity stage is the large volume of manufacturers who are all competing for a share of the market.The majority of the consumers who are ever going to purchase the product have already done so. Sales Volumes Peak: After the steady increase in sales during the Growth stage, the market starts to become saturated as there are fewer new customers.However, during the Maturity stage, the primary focus for most companies will be maintaining their market share in the face of a number of different challenges. In the first two stages companies try to establish a market and then grow sales of their product to achieve as large a share of that market as possible. ![]() The third of the product life cycle stages can be quite a challenging time for manufacturers. By creating learner-centered PD, the learning is more meaningful and mirrors the type of learning you hope to see in the classroom.After the Introduction and Growth stages, a product passes into the Maturity stage. It also gives a voice to every staff member. When you create and nurture this culture of sharing, you benefit from the collective intelligence of the group. A true PLC is a community of learners, all contributing and collaborating toward a common goal. It is important to note that if done correctly, creating a PLC is not about simply moving traditional professional development to an online format. While my experiences with online professional development came out of a need to reach several teachers while working within a limited time frame, the additional benefits and improved learning that happened because of it were a pleasant surprise. The reality is that we must offer more (and better) professional development with fewer resources. As we increase the number of digital opportunities for students, unfortunately the number of professional development staff does not always increase at the same rate. One of the first reasons many schools and districts begin thinking about online professional development is to save time and money. A critical part of our revitalized PD plan has been the use of professional learning communities (PLCs), which are essentially groups of educators that work collaboratively and share ideas, often in an online format. note: Innovation In Action is a new monthly column from the International Society of Technology in Education focused on exem plary practices in education.Īt my district, the MSD of Wayne Township in Indianapolis, we have found that changing the way we think about teacher training not only benefits staff developers and administrators, but schools, the district as a whole, teachers, and ultimately students. Practical tips for building PLCs that serve every educatorĮd.
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