Business Agility with ERP Systems, or How to React to Business Changes
In today’s ever-changing world, successful business leaders know that just-in-time decision making is of high value because their business environments appear to be very sensitive to real-time changes. And their ability to quickly and cost-effectively react to those changes makes it possible to ensure business agility. The way to make the businesses agile and highly responsive to both internal and...
Reaching Effective Policy Management in Five Steps
Author: Mary Lewinson · Tags effectiveness, policy, steps, tips
A corporate policy provides a broad understanding of the opportunities and issues an organization deals with. It is a strategic tool that governs the organization’s behavior in the long-term period. Effective policy management creates a framework for directing and restricting that behavior. Through managing the corporate policy effectively the organization determines the rules of conduct for its...
ERP Warning Signals, or Why Companies Fail with Their ERP Solutions
Today most business organizations that use Enterprise Resources Planning (ERP) solutions look for way to increase their efficiency and performance. Although ERP in its essence means a better way to reach these mission-critical goals, the real situation proves that not all of the systems available ion the market really simplify and accelerate business operations for a sustainable competitive advantage....
Achieving Business Value through Talent Management in 3 Steps
Because of increasing competition and demands, most organizations today have to involve more talented human resources in their activities to ensure successful achievement of their business values. Achieving business value is not a small task; it is a real challenge that requires the organizations to strengthen their talent pool and improve their HR management policies. In this context, effective talent...
Business Success through Project Risk Management
Author: Mary Lewinson · Tags business, risk, success
Any business is a kind of project. Any project encounters a portion of risk. If we link business management to project management, then we’ll get a framework for ensuring business success through project risk management. I know that many successful business owners and entrepreneurs understand and follow this sound idea. They realize that their business initiatives are best managed as projects, because...