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Articles by Dr. Rasmy Kiran
Page 2 of 2
Ethical Issues in Operations Management
Introduction The term ‘ethics refers to moral philosophy that emphasizes on the aspects of values and distinguishes between the better and worse. It is all about the rules of human behavior and the foundations of moral principles of life. The conceptual meaning of ethics revolves around three main divisions that include descriptive morality, ethical theory, and applied ethics. When the first division deals with the cultural background the second one focuses on moral concepts and principles. The third division of applied ethics deals with the ethical issues in our society. This applied ethics is related to the business arena where ...
Read MoreDifference between Business Process Management and Business Process Reengineering
Introduction Business process improvement is the constant effort of every organization alike. Process improvement leads to better efficacy and success. There are many management concepts developed and remodeled with a view to achieve optimal business outcome. Two such concepts related to boosting performance are Business Process Management (BPM) and Business Process Reengineering (BPR). Though both BPM and BPR facilitate business improvement, they are significantly different from each other. The various characteristics that distinguish BPM from BPR are detailed here. Business Process Management vs. Business Process Reengineering A group of activities that help to achieve a business goal ...
Read MoreCompetitive Advantage of Small Businesses Over Big Brands
Introduction Anything that helps a company to attain an edge over its competitors and attract more customers to spread its market space is termed as competitive advantage. There is a general misconception that only big business houses and global brands enjoy competitive advantage. In reality, small businesses have its own competitive advantages in the market. Small businesses are practically more agile than big businesses. They adapt quickly to volatile markets and customer preferences. Small business operates closer to its customers and hence enjoys the advantage of observing changing preferences of customers and acquiring real time customer feedbacks. This article discusses ...
Read MoreBusiness Process Reengineering in Operations Management
Introduction Operations management is the area of management that caters to the entire system of operations in an organization. It deals with all the activities that range from planning and organizing to ensuring efficiency in entire business operations. It has its role spread across all verticals of organizations whether manufacturing or service industries. Basic inputs of operations management involve tangible and intangible resources. Here, various tasks are carried out to convert these set of resources into a fruitful output through a transformation process. This process of converting labour and raw materials using correct tools and techniques into final products or ...
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