Group items tagged

Doing a static business in today's cut throat competition is like living on the edge of a mountain. One miscalculated step, and everything would go down the cliff. Technologies to techniques, everything is changing the speed never even wondered and thus everyone has to be on their toes to quickly adapt and get going with the change. With a tremendous roar happening around Business process improvement, there are many theories and concepts being constantly adapted, molded and remolded.One concept which works well for one enterprise may just flip another enterprises and bring nothing good out of it. It is therefore very essential to understand each concept and choosing the best one to incorporate in your business. There are two basic concepts which are used interchangeably by everyone but have a huge difference in terms of their application. Two such concepts are: Business Process Management and Business Process Re-engineering. Let's first begin by understanding the two concepts. Business process management is described as a process and management discipline that analyzes, implements, documents, monitors, controls and sometimes redesigns the business processes. On the other hand, Business Process Re-engineering is a "radical approach" to current business process. Business process reengineering necessarily means replacing the existing system. Business process re-engineering does not prophesize on documenting or implementing certain changes in the existing business processes. It only takes into consideration the input and the desired output and comes up with an efficient process to achieve the aim. Business Process Management can be looked at as a soft approach which considers the current processes, and believes in flexibility. However, the business process reengineering strives to create a perfect process from scratch and lays emphasis on replacing manual labor by automation. Business Process Management is a continual process which aims at attaining efficienc

In last few decades, Businesses have diversified themselves so much. From once a barter system to now crypto currencies in trend, Business has evolved leaps and bound. So has the approach of doing business. Business is no more a mere commerce between two enterprises but has become a science and subject of study. A lot of thought and research goes into developing a good business trait and efficient business processes. Business doesn't only mean a huge company with huge machinery and a grand infrastructure, with time and technology as a business can be as compact as a website or just a mobile application. However, the one thing that creates a business is its execution! For a business to bloom and flourish, it is extremely important that its processes are optimized and function smoothly. To add value to the business processes it is important to develop a strong understanding of the business processes. There are different methods and techniques to deal with a human resource intensive business and a different approach to enhance an automated process. Since the processes are different in nature, the optimization aim and methods are different too. Before using any technique it is thus essential to first understand the types of Business Processes your line of business falls in. The business processes typically are of three types: * Primary Process ( also termed as essential process) * Support process * Management process. Primary process: The primary process is the fundamental line of business of the enterprise. It deals closely with the core values of the business and the value chain. As the name suggests, a primary process is a basic process through which the enterprise delivers services/ products to its clients. Dealing this process is very crucial as this is the fundamental process as it directly affects the deliverables to the clients. These processes form an integral part of an organization and need to be paid close attention to. The aim in optimizing this p

Fruition Business Group is a Business Development Consultancy and provides you Consulting Services to grow your business. We also provide full-service business development services for technology companies in North America. Fruition Business group is a business development consultancy and helps you in international business development consulting, business development and consulting services, Startup sales consulting.

Digital Transformation - Why Should It Be Your Strategic Priority? As businesses languish amid competition, Digital Transformation is no less than a Superhero that helps businesses scale increasing competition and emerge victorious. Here's a lowdown about the role of digitalization on different factors affecting your business: 1. Customer Experience Modern consumers value nothing more than their personal convenience, productivity, time and flexibility. They're more likely to conduct research before buying, rely on consumer reviews, seek quicker resolutions and move to other providers if their expectations are not met. Digital technologies enable an end-to-end sales cycle, right from opening conversations with prospects to closing a sale. Customers are spoilt for choices, and they engage with businesses on channels of their choice. Businesses need to have Omni-channel presence so that they can cater to the needs of their customers with lesser response time, thereby gaining customer loyalty. We reduced online complaints from 15 cases per day to none within just 3 months for the India's first large-format specialist retail chain for consumer electronics and durables. Click here to read how we helped them retain high-value customers by implementing digital technologies for complaint closure. The Digital Age is hence, the age of customers and it has become all the more important to ensure your customers are happy. Digital transformation as a strategic priority can enable you to shift towards customer-driven communications, which can maximize your reach and delight your customers too. 2. Productivity With an increased focus on Digital transformation, businesses are likely to reach Digital Maturity, with an effective strategy in place. This could translate to increased productivity in the form of: Streamlined operations Effective marketing Stronger customer interactions Greater focus on innovation Lesser room for error Increased speed-to-market No wonder, stud

Top 5 Technology Trends That Will Drive Business Success In 2018. Enterprises new technologies in order to drive their business to new heights like AI, Blockchain, Cloud Computing, IoT etc.

Top 5 Technology Trends That Will Drive Business Success In 2018. Enterprises new technologies in order to drive their business to new heights like AI, Blockchain, Cloud Computing, IoT etc.

Robotic Process Automation Technology has replaced and restored many old ways of communication, transportation, and way of doing things. So much so that now, technology is all set to take over human workforce also. No, it's not exaggeration. It is near future. By employing software, based on artificial intelligence using machine learning, all the redundant tasks like keeping records, performing basic calculations and innate transactions, can be made human free. The technology that works to robotize the jobs which require humans is called as Robotic Process Automation. Robotic Process Automation can be very convincingly labeled as 'the driver of the future'. RPA aims at automating the processed which are otherwise carried out by humans in a business. The machines (or the software) are designed in such a way that they are capable of interpreting the message and manipulate the data in the required way. Process automation has always been a part of many organizations, reducing the job of employees and making machine operation independent has always been one of the many functions of Business Process Management. Robotic Process Automation takes it to another level, Robotic Automation makes the machines smart, and enables them to gather, calculate, report and sometimes manipulate data thus reducing human interference by automating problem understanding and decision making. What is RPA? RPA is the process of enabling a system to function in the same way as it would function with human logic without actually employing any human. It is a derived from three technologies, namely: workflow automation, screen scaping and artificial intelligence. Huge and complex but rule-based processes are tailored and automated with RPA. Where is RPA used? RPA sits at the top of all processes; it synchronizes all the processes together and generates results which are overwhelming. RPS is employed in almost all the phases of business processes. Front-end operations: RPA finds it

Fruition Business Group is International Business Development Consultant. We also provide full-service business development services for technology companies in North America. Fruition Business group is a business development consultancy and helps you in international business development consulting, business development consulting services, Startup sales consulting

We can help you increase the valuation of your startup through the validation that comes from additional customers and pilot programs.As a startup in the North American market your first customers and POCs are crucial. Fruition Business Group can help you achieve your initial goals faster and more cost effectively. As a technology company that has begun to do business in North America. Fruition Business Development services can help you ramp up your business, increase market penetration and awareness.

Know why a secured unified team communication is important and facilitates significant business growth and success for a startup business?

Rating is a core function of a carrier's business and directly impacts its revenues. Rating involves the implementation of complex algorithms as required by the actuarial and product management groups. These objectives are achieved by employing rating engines that are built on various technological platforms. Implementation of unique and the most advanced technologies is a major differentiator for an insurance company in a crowded industry. Many companies have already transitioned or are in the process of migrating from legacy software systems to more advanced technologies. In line with such technological advancements, areas associated with 'Rating' too are seeing major changes.

Five important ways how a mobile device management solution benefits businesses.

How do I extract data from the web without any violations?Why Web Scraping To Collect Data?Many businesses today depend on public data to grow business quickly. Regardless of the industry, you work...

QR code is a new technology for businesses to reach their potential customers directly in their mobiles... And track their status....

Get your business to customer directly with the new technology QR....

Implementation of BPM - Three Key Aspects Business Process Management If we go a level deeper, there are three main benefits business process management delivers to an organization. First, BPM helps to focus on what really matters. Studies and research show, that a company only competes with 15 to 20 percent of their processes. 80+ percent are commodity processes that you need to have, that you need to perform, but they can be performed on an industry average level. You cannot gain a competitive advantage by being the best, e.g. in ordering your toilet paper. You need to focus your innovation and optimization activities on what really matters, the 15+% of high impact processes. BPM helps to set the right focus by providing the necessary transparency over the operations of an organization and related specific tools and approaches. The second big impact of BPM is to "Improve in the appropriate context". Process management is not about just applying one improvement method. Many organizations still think they can apply Six-Sigma everywhere and that's the solution. No, not at all. In our digital world, there are areas where you lead with technology, where you automate and other areas where you can try first your people-centric more traditional methods. And there are lots of areas where you combine both. There are processes where you need to innovate, where you apply techniques like design thinking. BPM helps you to select the right approaches, for a specific process in a specific company context. That's improvement the right way. That is the second very important ingredient that BPM brings to an organization. The third aspect is that BPM, BPM helps to sustain those improvements. Again many organizations struggle with the fact that they improve for example their customer relationship process and half a year later they have the same or similar problems again. A value-driven BPM-Discipline puts the right governance around those processes in place to keep them on

The worldwide Aerospace Hardware-in-the-Loop Market is conscientiously looked into inside the report while generally focusing on top players and their business strategies, topographical development, advertise sections, serious scene, assembling, and evaluating and value structures. Each area of the examination study is extraordinarily arranged to investigate key parts of the overall Aerospace Hardware-in-the-Loop Market. for instance…

Vive Printing is one of the leading companies with decades of experience in printing and packaging sleeves. We are the ones who provide you with a variety of packaging and printing services in one location, making it simple for your company to grow. We are one of the top businesses using cutting-edge technology and are adept at maintaining sustainability to satisfy the demands of the digital age.

Vive Printing is one of the leading companies with decades of experience in printing and packaging. We are the ones who provide you with a variety of packaging and printing services in one location, making it simple for your company to grow. We are one of the top businesses using cutting-edge technology and are adept at maintaining sustainability to satisfy the demands of the digital age.

The worldwide Blow Fill Seal (BFS) Technology Market is conscientiously looked into inside the report while generally focusing on top players and their business strategies, topographical development, advertise sections, serious scene, assembling, and evaluating and value structures. Each area of the examination study is extraordinarily arranged to investigate key parts of the overall Blow Fill…