Strategic Business Management provides a framework to decision-makers, for anticipating and directing organisational activities. It reduces risk of a business’s operation by offering solutions to innovate and take early actions. It provides a clear picture to organisations directing them towards, what to do, when to do and how to do, ensuring better performance in businesses. Strategic Business Management has the following importance in an organisation: –…
Month: November 2020
Business Process Management
Business Process Management (BPM) is an ongoing activity that measures businesses by analysing, modelling frameworks, executing strategies, making improvements and monitoring processes. It is a systematic approach to improve an organisation’s business process. It simplifies the workflow within an organisation and includes Continuous Process Improvement (CPI) methodologies to optimise business productivity. BPM helps to:- Accelerate…