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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 efficiency throug

Awareness of Business Process Management is spreading like fire. Everyone is talking about bringing about change in their business Processes either to sustain the business or to book their profits. Considering the increasing interest in improving Business Process, there are a lot of agencies which have created a business out of it. Many agencies have come up with a variety of plans which claim to improve the business processes and bring about the desired change in the company's existing performance through efficient business processes. There are different schemes that these companies come up with, business process consultancy, project based business process management, business process outsourcing, and many other luring terms. These plans offered may seem promising and potent, but there are many flaws that these companies generally have. Of all the schemes, the most insisted scheme is Business Process outsourcing. As easy and convenient outsourcing of Business Process may sound, it has potential to many threats. Here are a few insights on BPM Outsourcing that explain how it will not benefit your company: 1. Integral to Business: A business process is never one that fits all. Each organization is unique and has its own way of functioning. In fact the uniqueness in these processes is the one that makes each enterprise different from the other. If business processes are outsourced, the uniqueness will have no meaning. 2. Confidentiality: In the cut throat competition where all the businesses procure at the same rate as well as all the products are priced at the same rate. The difference in profit margins is due to the difference in business processes of organizations. The cost cutting, and cost saving all are the outcomes of efficient business processes. No organization would want to make their profit earning secrets public. Outsourcing BPM means relieving all your business secrets to an outsider, making your ideas public! 3. Involvement: Any agency that offers Busin

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 process i

Sensex slips 340 pts on global woes; Q2 nos lift Infosys 7% Sensex Down: 339 pt. Nifty Down: 100 pt. 1. Failed Circuit Filter SEBI Pulls NSE Sebi diredted nse to be carful and cautions in its dealings in the securities market and comply with all the legal requirements that govern its functions as a stock exchange. on october 5, 2012, a dealer at Emkay Global Finance has erroneously put in an order to sell a niftybasket consisting each of the 50 index constituents worth rs 950 crore, within a few seconds of the order being put into the system, nifty had crashed 16% before tradeing was stopped by the exchange. 2. Infosys posts 28% Q2 net profit Infosys yet again have done better in its second quarter and cheered investors by announcing bonus shares. Murthy wants to avoid conflicts and maintain corporate governance standards at the firm he co-founded 33 years ago. 3.Vodafone wins 3,200crore tax case Bombay high court ruled in its favour in the transfer pricing case relating to undervaluation of share capital issued by vodafone india Services Private Limited(Vodafone India) to its Mauritius parent. 4. Only limited Sahara investers claim refund from Sebi The low demand will bolester sahara's argument before courts that it had repaid most of the investers who had come forward app. 4,600 to claim investments they had made in two groups cos's bonds. Trade4target : stock to buy Shreyas Shipping & Logistics Ltd CMP:69rs Target:130rs Duration:6-10 months Percentage return:85% Shreyas Shipping & Logistics Ltd (SSLL) is a dominant multimodal container logistics operator using land-sea-land route. Their claim is they are No.1 Coastal Operator in India with 51% market share, in handling domestic coastal cargo. It is also the India's largest container feeder vessel owning and operating company & first co to link all key ports of India for containerised trade.Shreyas begun in 1994 as a container feeder operator between Indian ports and international co

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 its appl

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Buy yelp Reviews Are you a small business owner looking to boost your online presence and attract more customers? In today's digital age, online reviews have become an essential factor in consumer decision-making. One platform that dominates the review space is Yelp, with millions of users relying on its reviews to make informed choices. However, getting positive reviews on Yelp can be a challenging task for many businesses. This has led to the emergence of a market where businesses can buy Yelp reviews to improve their reputation and visibility. In this article, we will explore the concept of buying Yelp reviews, discussing the benefits, risks, and ethical considerations associated with this practice to help you make an informed decision about enhancing your online presence. What About Yelp? In today's internet-dominated world, online reviews have become an integral part of our decision-making process, whether it's choosing a restaurant, booking a hotel, or buying a product. Among the many platforms available, Yelp has emerged as a popular and influential website when it comes to sharing customer experiences and opinions. With millions of reviews covering various businesses, Yelp has amassed a considerable user base, making it a valuable resource for consumers and businesses alike. However, like any other platform, Yelp is not without its controversies and challenges. Over the years, several concerns have been raised regarding the legitimacy and reliability of Yelp reviews. This raises the question: What about Yelp? One significant concern is the authenticity of reviews on the platform. As Yelp's popularity grew, so did the temptation for businesses to manipulate their ratings by posting fake reviews or soliciting positive reviews from friends, family, or even paying for them. This unethical practice not only misleads consumers but also undermines the credibility and usefulness of Yelp as a reliable source of information. To address this issue, Yelp ha

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It is often seen that people purchase shares just because some friend purchased it or have recommended it. Even though this news may be true but it is not necessarily it is a next big thing, and you accumulate the shares in huge quantity. There are also few commercial TV channels that express their views about some stock of a particular company. It may turn out that they are paid to break such news so that prices rise / fall. And once you buy /sell share prices will fall/rise. A point here is you are not the only one watching that particular channel. There are thousands out there viewing the same channel as yours. Such things are nothing more than tentative talks.

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trade4target read in the history of Indian stock exchange; the stock exchange, Mumbai, popularly known as BSE. BSE was established in 1875 as The Native Share and Stock Brokers Association. It is the oldest one in Asia, even older than the Tokyo Stock Exchange, which was established in 1878. It is a voluntary non-profit making Association of Persons and has converted itself into demutualised and corporate entity. It has evolved over the years into its present status as the Premier Stock Exchange in the country. It is the first Stock Exchange in the Country to have obtained permanent recognition in 1956 from the Govt. of India under the Securities Regulation Act, 1956.

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World Bank Chief Economist Kaushik Basu said Tuesday, Yes its a difficult period, but two years later India should be back again what it was attempting to be, which is 8.5-9.0 percent growth. I really feel that this is possible. Basu, former Chief Economic Advisor in the Finance Ministry, is here in connection with a conference on youth employment being organized by the World Bank. Stock Tips by optiontips.in Script: Pantaloon Retail Current: 195 Target: 235 Stop Loss: 189 Time Frame:7-10 Days Script: Jyothy Laboratories Ltd. Current: 175 Target: Read More on: http://www.kyachadega.com/2012/11/optiontipsin-yes-its-difficult-period.html

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