The strategic administration of production processes and personnel to maximize output, minimize errors and continually enhance product quality come under the general banner of "operations management." ...

There is much discussion about continuous improvement, kaizen and operational excellence pursuits in operations management. Many times, the topic of process improvement neglects the more important ...

We propose an approach for the modeling, monitoring and control of operational risk in financial institutions based on a methodology that integrates business process modeling with statistical and ...

With a blend of data science and process improvement, CIOs are mining data to transform business processes for efficiency, improved resource allocation, and better results. Following a legislative ...

Health care organization leaders are working hard to create, update and continuously improve on their processes to align with the Triple Aim initiative (see Figure 1. Triple Aim Model). Their top ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Foundation is everything. Even for something as basic as pizza, the foundation needs to be ...

The goal of the Operational Review Committee (ORC) is to provide a framework for conversations between auxiliary and support units and the university community that focus on consistently improving ...

The No. 1 job of any CEO is to own the organization’s vision and values. This is the one job the CEO cannot delegate. Additionally, as VF’s former CEO, Rob Gregory explains, CEOs must own their ...

Is your organization using the operations process for planning? When planning a project, there is no shortage of moving parts to keep in mind. However, by utilizing something like the operations ...

Alarm management is a critical aspect of industrial process control, ensuring plant safety and operational efficiency whilst minimising disruptions due to false or nuisance alarms. Modern alarm ...