In today's dynamic business environment, companies must adapt swiftly to changing market conditions and customer demands. Effective business process management (BPM) remains critical in ensuring this ...

From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

There is much discussion about continuous improvement, kaizen and operational excellence pursuits in operations management. Many times, the topic of process improvement neglects the more important ...

We propose an approach for the modeling, monitoring and control of operational risk in financial institutions based on a methodology that integrates business process modeling with statistical and ...

In his book "Bleeding Talent," Tim Kane argues that the U.S. military is "bleeding talent--and it's not just because of money. Talent is bleeding externally as top officers quit the ranks in ...

Businesses can get a decent idea of how they are doing in operations by examining internal company data through reports and graphs. However, sometimes those close to the company don't review this data ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Foundation is everything. Even for something as basic as pizza, the foundation needs to be ...

The goal of the Operational Review Committee (ORC) is to provide a framework for conversations between auxiliary and support units and the university community that focus on consistently improving ...

Comfort Conditioning announced the expansion of its commercial service offerings to include process piping for supporting industrial and commercial facilities across North Texas. The addition of ...