Business Studies, asked by salaaruddin64, 1 month ago

a) Create a relationship (in hierarchy form] between Activities – Operations - System
b) comment- How Understanding of this relation can bring the operational excellence.

Answers

Answered by mad210219
0

The operational excellence.

Explanation:

  • The concept of a process hierarchy and the usage of levels to define the subdivision of processes.
  • The process hierarchy is divided into three segments, with specific levels corresponding to problems and analysis approaches.
  • To rethink or improve upper level processes, one set of process analysis methodologies is used.
  • The types of process challenges we discover in the middle of the process hierarchy are dealt with by a different set.
  • Operational excellence is defined as executing a business strategy more consistently and reliably than the competitors, with fewer operational risk, lower operating costs, and more revenue.
  • It's more important than ever in today's technology-driven, fast changing business models, which necessitate end-to-end business transformation.
  • Execution excellence is another term for operational excellence.
  • Operational Excellence, on the other hand, focuses on a long-term transformation in organisational culture, rather than on typical continuous improvement methods.
  • Companies that strive for operational excellence do two things very differently than the rest of the industry.

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