Work - Operations processes id 277 created 2008-09-16 modified 2009-06-30 Business operations are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders. They are contrasted with project management, and consist of business processes. 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. 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"): - Generate recurring income.
- Increase the value of the business assets.
- Secure the income and value of the business.
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. Wikipedia GNU Free Documentation License
| Diagram Steps This work unit is decomposed into the following Work units, Events and Decisions Customer service Roles Operations process owner
Preparing a metoCube migration proof of concept
IT service operations Roles Operations process owner
Customer upgrade from metoCube v1x to v2x
Complete back-up restore on metocube.com
Software update process on EC2
Setting maintenance mode on metocube.com
Updating www.metocube.com
Software development Roles Operations process owner
Inputs This Work uses the following Objects as inputs This Work steps use the following Objects as inputs Outputs This Work produces the following Objects as outputs This Work steps produce the following Objects as outputs Tools This Work is uses the followingt Tools Objectives and indicators This Work is measured by the following Indicators for which the following States have been set as goals People carrying out this work This Work is carried out by Roles assumed by the following Person(s)
Element data, outgoing and incoming relations Alerts and notifications Alerts have been set to notify the following Roles or Persons when Changes are made to this page Approvers: Operations Manager ( Operations processes alert ) Reviewers: CEO ( Executive level alert ) Acknowledgers: Others: Operations department member ( Operations processes alert ) Comments: Activity stream for this element This element has undergone the following Changes 2009-04-20 14.33.20 - Operations processes lucas@metocube.com 2009-04-20
Activity stream for related elements The following related Elements have undergone the following Changes |