As a direct consequence of this fact, we perceive the planning, monitoring, and control processes to take place inside closed loops. In what specific ways do managers plan, monitor, and exercise control over the processes that they are responsible for?
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As a direct consequence of this fact, we perceive the planning, monitoring, and control processes to take place inside closed loops. In what specific ways do managers plan, monitor, and exercise control over the processes that they are responsible for?
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- Comparing two threads inside the same process to two distinct processes. What is the optimal course of action given the existing circumstances?A fundamental trade-off in the design of any business system is between efficiency and flexibility: one can't have ultimate efficiency and infinite flexibility at the same time. The simplification and standardization required to improve the efficiency of an operation inevitably restrict the things the system can do. In addition, the short-term changes and decisions needed to make an operation more flexible inevitably disrupt the smooth and predictable process flow needed for optimal efficiency. In the readings, you have seen that different system design philosophies and tools tend to generate different balances between efficiency and flexibility, which, in theory, allows you to design a system with the optimal balance between the two. As you have learned, the optimal balance between efficiency and flexibility depends on the competitive environment an organization expects to face in the future. You have also learned in this course that the future is notoriously hard to predict,…The ability to renew your driver's license online will be provided. Explain the inputs, the processing steps, the outputs, and the inputs that this system receives.
- One crucial aspect of management involves fostering a culture of continuous improvement within organizations. Continuous improvement, also known as Kaizen in Japanese management philosophy, refers to the ongoing effort to enhance processes, products, and services incrementally over time. This approach emphasizes the involvement of employees at all levels in identifying inefficiencies, generating ideas for improvement, and implementing changes to achieve better outcomes. By fostering a culture of continuous improvement, organizations can increase efficiency, reduce waste, enhance quality, and stay competitive in rapidly evolving markets. However, implementing continuous improvement initiatives requires commitment from leadership, effective communication, and a willingness to embrace change. Additionally, overcoming resistance to change, sustaining momentum, and measuring the impact of improvement efforts are common challenges faced by organizations. How can managers effectively promote…A significant question that faces all analysts is how much effort to expend studying and documenting the existing system (if one exists). Excess attention to an existing system can consume considerable time and can result in simply updating that system with newer technology. As a result, no matter how inefficient the current system is, system developers simply reimplement the procedures that are already in place. On the other hand, if a new system inherits many or all of the requirements of an existing system, then an analyst risks missing important requirements through insufficient study of the existing system. To minimize both risks, analysts must balance the review of current business functions with discovery of new system requirements. It is still critical to have a complete correct set of system requirements, but in today’s fast-paced world, there is no time or money to review all the old systems and document all the inefficient procedures. In fact, in today’s development…What is SMED? What are its phases? Explain in detAIL.
- What is the goal of ensuring a simple, smooth, error-free flow?what logistocs strategies and decisions will you take to a smooth flow of its materials and products from the suppliers to the customers keeping that uncertainity in mindRuth is reviewing her organization’s business continuity and disaster recovery plans. In it, she comes across the following statement: “In the event that the payroll system fails, the IT team must restore access within 48 hours to avoid unacceptable levels of damage to the business.” What type of statement is this?
- One of the benefits of business process management is “enhanced process agility”. Which of the following isnot an appropriate example of this benefit?A. Payment through cash, credit card, or e-cash (e.g. GCash)B. Food delivery through FoodPanda, GrabFood, or Food NinjaC. Food service through dine-in, take-out, or deliveryD. None of the aboveExplain in detail and in your own words the meaning and process of controlling functionHow is motion economy important in implementing methods for improvement of every certain process or operation? Discuss