Business process management (BPM) uses the process approach to achieve planned results, objectives, and your strategic vision. If you manage what you measure, then the process approach to business process management is the method used to determine what to measure, monitor, and take action on as you define your business processes. What is the process approach to business process management? Continue reading What Is the Process Approach to Business Process Management?
I am going to let you in on an industry secret. I’m sure you have heard consultants offer to make your organization more money by saying they can increase your business productivity. Then they produce clearly defined job tasks, work instructions, reports, forms, and job descriptions for every employee or business process – also known as a Policy and Procedure Manual. The thing is these manuals are derived from internal templates. Learn how to increase your business productivity. Continue reading How to Increase Your Business Productivity
Many problems with procedures that crop up after they’ve been implemented are traceable to inadequate or no policy review process. Let’s say a procedure as written describes an deal process, performed under ideal conditions (i.e., real-world conditions aren’t taken into account). If this isn’t caught in the policy review process, the end product will meet requirements only through luck. Luck being notoriously unreliable, inconsistent, and uncontrollable, you’re clearly better off if you review business policies. Learn how to Review Business Policies.
Tracking operational metrics is an excellent place to start to keep watch on how your business is running! What gets measured, gets managed; but, what should you measure? There are many operational metrics that you should be measuring to enhance operations and keep your business working. Read on to find out what operational metrics are uses to run a business?
Continue reading What Operational Metrics are Used to Run a Business?
Whether you’re looking for a business valuation to sell your business or merely wondering what it’s worth in the current market, you may be at a loss as to where to start. In this post we are going to explain how to determine the value of your business? Continue reading How to Determine the Value of Your Business?
Starting a supply chain management business can be challenging but not impossible. You need to understand your market, have the right skills, and set out to attract your first customer. Read on to learn more about how to run a successful supply chain management business. Continue reading How to Run a Successful Supply Chain Management Business
If you have an online Ecommerce business most of the choices you will make for the packaging are tradeoffs and sustainable alternatives are not any different. The good news is that there is normally a good place to make a beginning. How to create a sustainable brand packaging for your business Continue reading How to Create Sustainable Brand Packaging for Your Business
The big question you must ask yourself as an accounting and bookkeeping business owner is why anyone will engage in your services when there are so many options out there? Well, they should opt for you because you offer excellent service and a great price. That’s perfect! But how do they even know that your services exist if your business isn’t using online marketing? How do you grow your accounting business? Continue reading How do you Grow Your Accounting Business?
Starting an eCommerce supply train can be tricky and requires some experience before getting the hang of it. Supply chain processes are different for every industry, and following another businesses approach may not work for your business model. Experimentation is essential, and you will have to put a lot of planning and research into developing your own supply chain to make your eCommerce business thrive. Here are some do’s and don’ts that will answer the question: How do you manage an eCommerce supply chain? Continue reading How Do You Manage an eCommerce Supply Chain?
A business credit score is an indicator of your overall business financial health. It lets lenders and suppliers know you can pay your debts, and is a useful tool for cementing a reliable reputation. But it is your credit policy that protects your business cash. Why is a business credit score important? Continue reading Why is a Business Credit Score Important?