revitalizedprocesses.com
Marketing | Revitalized Processes
https://revitalizedprocesses.com/departments-functions/dept-part-first-10/marketing-department
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Marketing department is entrusted with a function to identify new customers and retain the present. Customer is king and they look after the king’s needs. Therefore, the department holds an important position in any organisation. Deliverables (i.e. expectations from the Department). Communication of Product Value to the customer (prospects and new). Resolving customers’ concerns vis-à-vis other departments.
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Basic Elements | Revitalized Processes
https://revitalizedprocesses.com/basic-elements
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Basic Elements are the elements with which the organisation is created and built-up of. They are also referred as 5Ms (Man, Machine, Money, Method, Material) alongwith and Entrepreneur, who collects all these elements. Machines and Tangible Assets. Processes Who, what, when, why, where and How. New Entrepreneur (essential practices in brief). Leave a Reply Cancel reply. Enter your comment here. Email check ...
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Processes | Revitalized Processes
https://revitalizedprocesses.com/basic-elements/processes-2
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Process in simple words means series of steps to perform actions to achieve the desired results . It gives motion to any stationary object. Can we ever live. The best example is human body. Till the time, life is present which means that all organs are in process or working condition, there is no issue; but, the moment life goes or there’s no process …. nothing is left. In the organisational context. Proces...
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Finance | Revitalized Processes
https://revitalizedprocesses.com/departments-functions/dept-part-first-10/finance
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Finance department is entrusted with the responsibilities of arranging the funds for the organisation. Funds requirement could be short-term to long-term. Short-term needs could be for meeting immediate or current liabilities or investment in short-term assets (i.e. inventory, short-term loans and advances, etc.) and long-term for investment in fixed assets or repaying long-term debts. Moreover, the top man...
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Manpower | Revitalized Processes
https://revitalizedprocesses.com/basic-elements/manpower
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Manpower plays an important role in realising the dreams of an organisation. There can’t be any fight for machineries since these are available for price from their manufacturers who in any case want to sell. Moreover, machines are pretty good followers of the instructions fed into their memories. Q: What consists of manpower? A: Manpower consists of every person employed directly or indirectly (on contract...
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Departments / Functions | Revitalized Processes
https://revitalizedprocesses.com/departments-functions
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Departments / functions are created to deliver value / product / services to customers once basic elements are organised / collected. Each function has been analysed in detail (pls. visit the individual page). First – 10. Production (Value creation) department. Accounts other than Compliances. Treasury (Working Capital management, leveraging). Investment (for inorganic growth). Leave a Reply Cancel reply.
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New Entrepreneur | Revitalized Processes
https://revitalizedprocesses.com/basic-elements/new-entrepreneur
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Is the person who ventures into manufacturing of goods OR providing services without any previous background of running and managing the entire organisation. The person may have passed out of the school or college or university or may have left the existing job to begin the entrepreneurial career. Some of the important practices have been summarised in this article for sake of convenience. The funds start b...
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Investment | Revitalized Processes
https://revitalizedprocesses.com/departments-functions/dept-part-first-10/investment
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Investment department is concerned with decisions of funds investment (already invested / to be invested) by the organisation in other businesses. While we are discussing Investment department, we will discuss about Long-term investment. There are other times when funds are available for short periods only. We have discussed the same in Treasury (working capital management) function separately. Exploring bu...
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Capital / Funds | Revitalized Processes
https://revitalizedprocesses.com/basic-elements/capital-funds
Strong Processes Healthy Organisation’s Lifeline. Asset and Data Security. Mgt Info. System (MIS). Capital other than human capital is the most important element in the existence of any organisation and can be considered as single most goal of the organisation, i.e. making money. Capital can be described as anything which is ready money and capable of buying resources for the organisation. Funds are required for all purchases all the times at all the places:. Raw material cost;. Land buy / lease cost;.
