Change Management Paper
January 19, 2015
Seemingly, business underwriting guidelines have loosened over the last decade, thus customers have been reaping the benefits. In this tone, major organizations have driven to spend their earnings in developing process for improvements. Yet, others were forced to relocate or closed their doors for good. Indeed, customers are taking advantage of their turn to be in control, utterly force businesses to reconstruct their As-Is-approaches to better To-Be methodologies.
According to one of Dr. Napoleon Hill’s books “Learning from Adversity and Defeat” he expresses that individuals and organizations simply achieve improvements when they learn from diversity and defeat. As such, making gradual improvements because of those experiences is the key to achieve success. The focus of this paper is to illustrate three targeted category of improvements implemented and utilized by firms intending to develop viable improvements.
Oftentimes, we hear this saying “time is money” Indeed, we have to agree that time is vital in personal and business existences. Business owners and management, thoroughly consider time as the heart and soul of their enterprises. Thus, it is more important than other performance measures. Plenert, G (1999). For example, in marketing a product's success or failure often depends on "time-to-market," or how quickly a new product becomes available to the customer.
From a management perspective, cycle time is used to evaluate performance in all aspects of a business. Moreover, cycle time is the measure of key areas of the business cycle from beginning to end For example, production cycle time refers to production activities, such as the total time required to produce a product. Order processing cycle time is used in the front office to determine the total time required to process an order. Due to...