There are many ways to measure the performance of a company so as to determine if it is doing well. The most common method is to look at its gross or net profit. This, however, isn't always a reliable ...

Operational objectives differ from strategic objectives in that they focus more on "how" than "what." For example, a business might decide it needs to improve profits by improving its margins, rather ...

The process of operational goal-setting is a critical step when it comes to business planning. It's the step that transforms strategic plans into actionable items. I previously wrote about operational ...

Director of operations jobs in any organization is responsible for managing the day-to-day operations necessary to ensure that the organization achieves its objectives. In a manufacturing business, ...

In this installment of the “Real Words or Buzzwords?” series, orchestration emerges as the next step beyond integration by coordinating technology, information, people and workflows around common ...

Speed the flow of information though the department so that everyone has the relevant data by 10 a.m. each Monday morning. The next step is to break down each objective into a series of separate tasks ...

Challenging times present an opportunity for organizations to perform detailed assessments of their operations. While recent stock market turmoil has many organizations worried about both short and ...