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How the management of processes can help organizations to achieve competitive advantage?
Wiki User
∙ 8y ago
Process management is the ensemble of activities of planning and monitoring the performance of a process, especially in the sense of business process, often confused with reengineering. [1]
Process Management is the application of knowledge, skills, tools, techniques and systems to define, visualize, measure, control, report and improve processes with the goal to meet customer requirements profitably. It is different from program management in that program management is concerned with managing a group of inter-dependent projects.
that was from wikipedia, i guess answer needed for tma03, if so welcome to the club , have any one thought about binder?
ready for discution about it?
Wiki User
∙ 8y ago
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How does strategic management differ in profit and non profit organizations?
a. relationship between IMC processes and marketing strategy in profit and not-for-profit organizations.
What are Fundamental roles if information systems in business?
•Support of business processes and operations. •Support of decision making by employees and managers. •Support of strategies for competitive advantage.
Four phases of strategic management?
Strategic management is an ongoing process organizations apply to analyze internal processes and resources that deliver products. The four phases are formulation, implementation, evaluation, and modification.
Why are organizations trying to integrate their business process?
Many organizations realized that they can become more productive by coordinating their business processes more closely. When organizations integrate their business processes, they want to enhance the performance of the organizations as a whole. Organizations always want to maximize the efficiency and operate in an ever-increasing competitive and global environment. Operating in a global environment requires an organization to focus on the efficient execution of its processes, customer service, and speed to market. when a firm does not coordinate its business activities that led to high operation cost, so the management could not made rational decisions because the lake of information and no coordination among the business activities. To accomplish the company goals, the organization must exchange valuable information across different functions, levels, and business units. By integrating the processes, the Company can more efficiently exchange information among its functional areas, business units, suppliers, and customers. Bassam Aljamrh
Why are organizations trying to integrate their business processes What are the four keys enterprise applications for organization wide process integrations?
Today organizations/firms are finding that they can become more flexible and productive by coordinating their business processes more closely and in some cases integrating these so they focus more on efficient management of resources and customer services.
What does competitive advantage have to do with business process analysis?
Examining your business processes to ensure that they are efficient will help you get a competitive edge. The faster your machines are able to produce products, the faster consumers will have them; this gives the business a competitive advantage.
Enable organizations to better manage processes for capturing and applying knowledge and expertise?
Knowledge management systems
How does strategic management differ in profit and non profit organizations?
a. relationship between IMC processes and marketing strategy in profit and not-for-profit organizations.
What are Fundamental roles if information systems in business?
•Support of business processes and operations. •Support of decision making by employees and managers. •Support of strategies for competitive advantage.
Why do organizations use information systems?
Organizations use information systems to improve efficiency, streamline operations, enhance decision-making processes, and facilitate communication. Information systems help in storing, organizing, and analyzing data to support day-to-day operations and long-term planning. They also enable better collaboration among employees and provide a competitive advantage in today's digital age.
Four phases of strategic management?
Strategic management is an ongoing process organizations apply to analyze internal processes and resources that deliver products. The four phases are formulation, implementation, evaluation, and modification.
What do you mean by total quality management in enterprise?
Total Quality Management (also known as TQM) is a way of managing used by organizations. Total Quality Management is an integration of all the methods and processes in an organization, that are used to improve quality of the organizations services and goods. TQM is basically about quality in all aspects and functions in an organization.
Why are organizations trying to integrate their business process?
Many organizations realized that they can become more productive by coordinating their business processes more closely. When organizations integrate their business processes, they want to enhance the performance of the organizations as a whole. Organizations always want to maximize the efficiency and operate in an ever-increasing competitive and global environment. Operating in a global environment requires an organization to focus on the efficient execution of its processes, customer service, and speed to market. when a firm does not coordinate its business activities that led to high operation cost, so the management could not made rational decisions because the lake of information and no coordination among the business activities. To accomplish the company goals, the organization must exchange valuable information across different functions, levels, and business units. By integrating the processes, the Company can more efficiently exchange information among its functional areas, business units, suppliers, and customers. Bassam Aljamrh
The importance of benchmarking and outsourcing in organization?
Benchmarking is a proven method of discovering the best performance - whether in a particular company, by a competitor, or in an entirely different industry. The information gathered can be used to identify gaps in processes or practices to achieve competitive advantage. By continuously and systematically evaluating the organizations products, services and work processes against recognized industry leaders, you are able to identify your businesses negative points and performance gaps against the competition.
Why are organizations trying to integrate their business processes What are the four keys enterprise applications for organization wide process integrations?
Today organizations/firms are finding that they can become more flexible and productive by coordinating their business processes more closely and in some cases integrating these so they focus more on efficient management of resources and customer services.
What information from subsidiary plans is inculded in the project management plan?
Procurement processes Quality management processes
Nature and scope of stratgic operation management?
Strategic operations management involves aligning operational activities with long-term business goals to gain a competitive advantage. It includes analyzing resources, processes, and systems to drive efficiency and effectiveness in delivering products or services. The scope covers areas such as supply chain management, quality control, process improvement, and innovation to meet customer needs and organizational objectives.
