Category: Business & Finance
During the recession, many attempts to plan and follow an ERP implementation strategy have been put on hold. Today we’re getting out of the recession, and developing a successful ERP implementation planning strategy becomes one of the prioritized management activities in many business companies.
Within the business management discipline, the term “Business Management System” is used to describe the high-level tools for strategic business planning and implementation. The Business Management System term gives a description of the foundation for initiating business activities, making critical decisions, introducing business solutions, and employing business tactics. In this article, the definition of Business Management System and the functional groups within its structure are outlined.
Business process improvement is critical to a growing organization that needs to continuously analyze and refine its business processes and ensure the effectiveness and efficiency of business management activities. When the processes are well tuned and adjusted to current needs of the organization, the probability of success gets higher, and the organization is about to earn more competitive advantages in the marketplace. Business process improvement is one of the prioritized management activities to create a foundation for continuous development of the organization