MANAGING INTERNAL OPERATIONS: ACTIONS THAT PROMOTE GOOD STRATEGY EXECUTION

In this topic learn instituting best practices and employing process management tools:

From benchmarking and best-practice implementation to operating excellence, first engage in benchmarking to identify the “the best practice” for performing an activity and then adapt the “best practice” to fit the company’s situation; then implement it. Thus, continue to benchmark company performance of the activity against “best-in-industry” or “best-in-world” performance and have move closer to operating excellence in performing the activity. The more that organizational units use best practices in performing their work, the closer a company moves toward performing its value chain activities as effectively and efficiently as possible.

Reengineering the organization it involves radically redesigning and streamlining work effort, flows and processes to achieve dramatic improvements in performance. Then Uses cross-functional teams, cutting-edge technology and information systems to reset and refocus the organization’s strategy.

Total Quality Management (TQM) creating a total quality culture bent on continuously improving the performance of every task and value chain activity. Thus, Is a long-term race without a finish in which success comes slowly in small steps forward (kaizen).

Six sigma quality programs its mean Utilize statistical methods to improve quality by reducing defects and variability in business processes.