Archive For The “Operations Management” Category
Business Process Reengineering (BPR) is the fundamental rethinking and radical redesign of business processes of the organization, which brought the organization to achieve dramatic improvements in business performance (Hammer and Champy, 1993). Reengineering can also be interpreted as the innovation process, or the planning of strategic vision and competitive strategies and the development of new business processes that support [...]
Business Process Improvement (BPI) is a systematic method, developed to help a company gain a significant advantage in how to run their business processes. BPI was developed by H.James Harrington, an International Quality Advisor in the 1980′s from Ernst and Young. Ernst and Young is a professional consulting firm that is very popular with 80,000 employees worldwide. Companies like IBM, [...]
Decision means a choice, that choice of two or more possibilities. Decision-Making is hardly a choice between right and wrong, but precisely what often happens is a choice between the “almost right” and that “maybe one”. Decision-making within an organization (company) is the result of the communication process and continuous participation of the entire organization. The results of these [...]
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