Balanced Business System:

Systems Thinking

Systems Approach to Management

Understanding and Managing the Interdependence of the Parts of Your Business System

Balanced Approach to Business Systems

A business is more than finance. Performance measures need to be aligned with the organization's strategy. The Business Systems approach considers business as system of interrelated factors of strategy, owners, investors, management, workers, finance, processes, products, suppliers, customers, and competitors... More

9 Signs of a Losing Organization

1. Poor Cross-functional Collaboration: functional mindset;  lack of cross-functional goals and cross-functional collaboration spirit; functional, no enterprise-wide business process management; no cross-functional management committees; lack of or powerless cross-functional teams... More

Systems Approach to Management Defined

The systems approach to management is based on general system theory – the theory that says that to understand fully the operation of an entity, the entity must be viewed as a system. This requires understanding the interdependence of its parts.¹

Subsystems

Subsystem is a system created as part of the process of the overall management system. A planning subsystem increases the effectiveness of the overall management system.

Management System

The management system is composed of a number of parts that function interdependently to achieve a purpose.

The management system is an open systems. It interacts with its business environment. Environmental factors with which the management system interacts include customers, suppliers, competitors, and government. Each of these factors can significantly change the future of the management system.

7-S Model

The 7-S model is a framework for analyzing organizations and their effectiveness. It looks at the seven key elements that make the organizations successful, or not: strategy; structure; systems; style; skills; staff; and shared values. To be effective, your organization must have a high degree of fit, or internal alignment among all the seven Ss. All Ss are interrelated, so a change in one has a ripple effect on all the others. Thus, to improve your organization, you have to pay attention to all of the seven elements at the same time.

The Growing Role of the Business Architect

In today's knowledge- and innovation-driven complex economy, business architects are in growing demand.  They are cross-functionally excellent people who can tie several silos of business development expertise together, create synergies, design winning business model and a balanced business system and then lead people who will put their plans into action... More

Harnessing the Power of Diversity

Diversity is a specialized term describing a workplace that includes:

• people from various backgrounds and cultures, and/or

• diverse businesses.

You can find a strategic competitive advantage in an organizational and cultural context by seeking to leverage, rather than diminish, opposite forces.

Cross-functional Management (CFM)

Cross-functional management (CFM) manages business processes across the traditional boundaries of the functional areas. CFM relates to coordinating and synergizing the activities of different units for realizing the superordinate cross-functional goals and policy deployment. It is concerned with building a better system for achieving such cross-functional goals as innovation, quality, cost, and delivery... More

Enterprise-wide Business Process Management (EBPM)

EBPM, representing the third-wave of Business Process Management, is "a deliberate and collaborative approach to systematically – and systemically – managing all of a company's business processes."¹

EBPM addresses the pressing need of the new knowledge-driven economy to integrate business process thinking with strategy, organizational structure and people issues. It requires that your executive team lead and manage differently and think more systemically about your business.

Systems Thinking

Systems thinking is your ability to things as a whole (or holistically) including the many different types of relationships between the many elements in a complex system.

Systemic Approach to Innovation

Until recently innovation has been seen principally as the means to turn research results into commercially successful products, but not all research leads to innovation and not all innovation is research-based. Innovation is systemic. It arises from complex interactions between many individuals, organizations and their operating environment. Firms which are successful in realizing the full returns from their technologies and innovations are able to match their technological developments with complementary expertise in other areas of their business, such as manufacturing, distribution, human resources, marketing, and customer service... More