- Business Basics
- Financial Analysis
- Business Strategy
- Management By Objectives
Business operations refer to activities that a business engages in, on a daily basis, to increase the value of the enterprise.
The jobs of the managers in the enterprise is to accomplish the goals of the business by performing certain functions.
The activities can be optimized to generate sufficient revenues to cover expenses and earn a profit.
The operations of a business vary across industries, and they are structured according to the requirements of each specific industry. To help the business achieve success, managers need to master the specific operations for a specific industry.
Business operations is teamwork across many departments in the organization.
Alignment is key to running any business efficiently. Managing business operations essentially means creating the cross-team alignment that allows predictable, systematic growth of the business.
The ultimate goal of Business Intelligence is data-driven decision making. By understanding the current status and forecast of the data, business managers can make data-oriented decisions about the results.
Few companies will reach this level of completely Data-led decisions. After all, not many companies can guarantee the authenticity and credibility of data, and human experience and judgment must play a decisive factor. But there is no doubt Data analysis can assist the managers make good decisions.
Business could either prosper, or just survive or fail completely in the face of competitions.
Good business decisions made by the managers will determine the outcome.
Learn with me the essential skills for managing business operations and make sound business decisions to accomplish business goals.
Author, educator, and corporate trainer. Course coordinator and lecturer of Fundamentals of Management at Nanyang Technological University, Singapore. Multilingual (English, Chinese, Japanese) business executive. Vast experience managing multinational businesses in three continents. Intimately knowledgeable of Western, Chinese and Japanese business methods and cultures. master in Industrial engineering and Bachelor in Electrical and Electronic Engineering. Recipient of prestigious Colombo Plan Scholarship of the British Commonwealth.