Ever wondered why some organizations are moving up the success ladder faster; getting better assignments, interesting projects and reaching out to more and more prospects. It may not be because they are technically superior or have an organized team or are more skilled but may be because they operate with a different mindset. What might be making them effective is the way they present their work and organization making a clear connection with the customers,
The outcome of business operations is the harvest in terms of value from the assets owned by a business. An example of value derived from a physical asset, like a building is rent. An example of value derived from an intangible asset, like an idea is a royalty. The effort involved in “harvesting” this value is what constitutes business operations cycles. Business operation encompasses three fundamental management imperatives that collectively aim to maximize value harvested