al-Mart Inc., Company`s Success
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Business 499 Module 3 SLP: Wal-Mart Inc., Company`s Success Instructions:
Once you’re reasonably clear on what’s involved, think about your organization and its business processes, and then:
Identify at least three objectives for improving the organization`s internal business processes
For each objective, develop at least one meaningful performance measure (metric). For each objective, identify at least one expected level of performance (target). For each objective, identify at least one new action or program that needs to be developed to ensure successful implementation of the organization`s strategy (initiative). Comment briefly on the relationships of the process objectives that you`ve identified here to the finance objectives that you identified in the Module 1 SLP assignment and/or the customer service objectives that you identified in the Module 2 SLP assignment. How do they help to fulfill those objectives? If they don`t (and they don`t have to), what makes them more important than objectives that would relate to finance or customer service? Finally, do you wish to make any changes to your Module 1 or Module 2 objective write-ups in light of your Module 3 experience?
Content:
Wal-Mart Inc. Insert Name: Institutional Affiliation: Due Date: Any company’s success relies on the performance of the three key factors: people (workers and suppliers), services and products (known as deliverables), and business processes which provide the approach to support the two factors (people and deliverables). Business processes are necessary connections linking the needs of consumers with the delivery of services and products (Martin, 2014). Business processes create an approach that enables workers to achieve their individual responsibilities and consequently fulfills the company’s mission and vision. The perspective of workers as a crucial organizational component is vital since they determine the company’s performance by focusing on their needs and performance. This paper examines Wal-Mart’s mission, vision, and strategy based on its internal business processes perspective by assessing measures and objectives which are significant to this perspective. For Wal-Mart to accomplish efficient performance, it has to ensure that its internal business processes are integrated to achieve its objective
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