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Presentation transcript:

Business Operations

Business operations 1 Business operations

Business operations 1 The outcome of business operations is the harvesting of value from assets owned by a business. Assets can be either physical or intangible. An example of value derived from a physical asset, like a building, is rent. An example of value derived from an intangible asset, like an idea, is a royalty. The effort involved in "harvesting" this value is what constitutes business operations cycles.

Business operations - Overview 1 Business operations encompasses three fundamental management imperatives that collectively aim to maximize value harvested from business assets (this has often been referred to as "sweating the assets"):

Business operations - Overview 1 The business model of a business describes the means by which the three management imperatives are achieved. In this sense, business operations is the execution of the business model.

Business operations - Generating recurring income 1 This is the most straightforward and well- understood management imperative of business operations. The primary goal of this imperative is to implement a sustained delivery of goods and services to the business's customers at a cost that is less than the funds acquired in exchange for said goods and also self employe services—in short, making a profit.

Business operations - Increasing the value of the business 1 How much income it generates for the amount of assets its business operations employ—its business return.

Los Angeles County Fire Department - Business Operations 1 The Los Angeles County Fire Department's Business Operations are currently commanded by Chief Deputy Ron Watson, and contains three bureaus: The Prevention Services Bureau(Forestry, Health HazMat, and Fire Prevention Divisions); Administrative Services Bureau (Human Resources, Orgaizational Development, Materials Management, and the Financial Management Divisions); Special Services Bureau (Command and Control, Fleet Services, Construction and Maintenance, and the Information Management Divisions); the Employee Relations Division and Professional Performance Section, are also under the Business Operations Chief Deputy.

Rural Electrification Corporation Limited - Business Operationshttp://content.indiainfoline.com/Admin/ResearchPdf/ _LS_ Power_Financing_Electrifying_India_ pdf 1 Business operations in India are supported by a network of 19 offices headquartered in New Delhi.

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