BUSMGMT - 6 Successful Business Operations

Ability of an individual to influence, motivate and enable others to contribute toward the effectiveness and success of the organization

• Leadership
• Training
• Planning
• Organizational Structures

Allows an individual to understand the exact process of a task and enables them to explain and demonstrate to others

• Leadership
• Training
• Planning
• Organizational Structures

Required in order for a business to achieve its goals; involves an organizational structure, a business plan and a set of strategic guidelines

• Leadership
• Training
• Planning
• Organizational Structures

Define the various roles of company employees; set limits on employee work behavior; create rules and regulations

• Leadership
• Training
• Planning
• Organizational Structures

Document which outlines a business’ goals and strategies and shows the startup and growth of a business; a complete and detailed overview of a business

• Business Plan
• Strategic Guidelines
• Management
• Communication

Operating policies and procedures

• Business Plan
• Strategic Guidelines
• Management
• Communication

Comprises the directing and controlling of a group of people for the purpose of coordinating and harmonizing the group toward accomplishing a goal

• Business Plan
• Strategic Guidelines
• Management
• Communication

Vital in customer service and employee management; involves being able to clearly carry out the communication process

• Business Plan
• Strategic Guidelines
• Management
• Communication

Should be completed in order to ensure efficient production and distribution of products; often includes the activities which are critical to the completion of a product or project

• Scheduling
• Gantt Chart
• PERT Diagram
• Risk Management

Graphic schedule of a project’s phases, activities and tasks plotted against a timeline

• Scheduling
• Gantt Chart
• PERT Diagram
• Risk Management