8Process_Thinking

8Process_Thinking - Process Thinking for Strategic Success Dr Than K Nguyen What is a Process Chemical Process Flow Chart Flow of molecules and

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Process Thinking for Strategic Success Dr. Than K. Nguyen
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What is a Process? Chemical Process Flow Chart Flow of molecules and atoms via a Process to induce chemical reactions under heat and compression in presence of catalyst Improve yield by re-designing and fine tuning chemical process Business Process Chart Flow of energy, resources (labor, knowledge, materials, financial) to create value Design and fine tune Process to make things work more efficiently to create superior value under impact of changing external forces
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Business Process Activities ( Throughput ) Resources ( Input ) Product/Service ( Output ) Suppliers Buyers Company Superior “Value” Proposition Production Factors Efficient “Value- adding” Process Land, Facilities, Equipments (capital) and Materials (cost) Labor (human input - work) Knowledge (technology, know how, skills) Attitude, Motivation Money (cash, credit) Relationship, Corp. Image (Corp responsibility, brand) Price (Low Cost)
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This note was uploaded on 10/24/2011 for the course ECON 101 taught by Professor Abcd during the Fall '11 term at RMIT Vietnam.

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8Process_Thinking - Process Thinking for Strategic Success Dr Than K Nguyen What is a Process Chemical Process Flow Chart Flow of molecules and

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