Business Management


Feature Writer: Gopinathan Thachappilly
Photograph of Gopinathan, Gopinathan T.

The goal of business management is to create wealth for business owners by providing some value that consumers need. The process of business management involves

* Researching the market for profitable business opportunities,

* Developing strategies for marketing management, operations management, financial management and human resources management, and

* Implementing the strategies through planning, organizing, motivating and control.

Long-term survival requires that businesses be managed in a responsible and ethical manner by addressing environmental issues and employee career goals. There is also the issue of complying with the law of the land.

Business management topic at Suite101.com aims to cover all the issues involved in business management.

feature articles
Gopinathan Thachappilly

Revenue Forecasts Initiate Business Planning

In: Business Management (general)

Forecasting future markets and revenues is critical for successful planning of business operations. Forecasts are uncertain, however, especially for new businesses. more...

IT Management Optimizes Use of IT in Business

In: Business Management (general)

Information Technology Management with its greater focus on technology is distinct from Management Information Systems (MIS) that are more business-oriented. more...

Innovation Management for Business Survival

In: Business Management (general)

A major product innovation can create short-term success for an organization while a culture of continuing innovation can create long-term competitive business advantage. more...

Knowledge Management Involves Sharing Insights

In: Business Management (general)

Knowledge about business operations is an intangible, yet the most valuable, asset of the organization because without it, the tangible assets will be used inefficiently. more...

SWOT Analysis Helps Strategic Plan Development

In: Business Management (general)

SWOT analysis involves analyzing internal and external factors that help or hinder the achievement of specific project or business objectives, which must be specified. more...

CEO Roles Differ in Large and Small Companies

In: Business Management (general)

The CEO is mainly responsible for creating a vision for the company, and aligning the internal and external functioning of the company to this vision. more...

Facility Management is changing with Technology

In: Business Management (general)

Using sensors and controllers, modern day intelligent buildings can optimize power consumption by switching on lighting and heating systems only when needed, for example. more...

Crisis Management has to Tackle Varied Disasters

In: Business Management (general)

The kinds of crises that can affect a business are varied, and new kinds of crises are appearing with progress of technology and communications. more...

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