Definition of compliance: observing statutory provisions, internal company policies and ethical principles. Sustainable growth requires integrity. Compliance management is concerned with the management of regulatory requirements (or for ...
HRM Strategy: Performance Management and Expectancy Theory
2015-09-20Operations, Talents, Culture, HR, PerformanceRunning a successful and growing business depends on the ability of the organization to react and be proactive in developing its assets including its employees. Human Resource Management (HRM) is essential for achieving organisational ob...
Enterprise Resource Planning (ERP) solutions are like the ‘central nervous system‘ of the organization, providing the ‘sensory‘ input to management – so that they understand what is happening with their finances, employees, suppliers and...
More with Less: Getting More from Existing Operations
2015-09-12Excellence, Operations, Change, Kaizen, LeanThe world of Manufacturing has moved from 1) craft manufacturing, 2) mass production, to 3) modern Manufacturing – which replaced the mass production paradigm with a combination of: Flexible specialization – leveraging open innovation an...
Factors to Business Success [adapted from King, 2005]
2015-09-05Business, Innovation, Leadership, Manufacturing, CSFManufacturers are managing the development of innovative products and services that are required to succeed in an increasingly competitive and distributed global marketplace. Ten critical factors determine the ability of today’s busine...
Big data is a popular buzzword, or catch-phrase, used to describe a massive volume of both structured and unstructured data that is so large it is difficult to process using traditional database and software. Data is dead. Long live big...