Managing, Motivating and Developing People
General Management
Management Accounting
MC Execution
Marketing
Business Planning
Figure 3: BME Module Application Figure 3: BME Module Application
“ A System is a collection of parts which interact with each other to function as a Whole”-
Craper L. Kauffman, Jr execution of MC by applying the BME module as illustrated in Figure 3. The BME application can be described as follows:-
Module 1 – General Management
• Leadership for Innovation: The future Business Model This leadership mindset is not only focused on outcomes but also on the know-how and the process taking place. Creation of a systematic MC will also result in the creation of the right leader at right time and a place for nurturing new leadership.
•“ Silo” Elimination Breaking down silo barriers between individuals and departments will ensure smooth and effective MC and the attainment of a common objective, affirming further the spirit of unity among members of the organisation. The silo mindset is eliminated through horizontal communication, empowerment, teamwork building, and continuous improvement. Past experience in MC execution reveals that interdepartmental co-ordination is a difficult barrier to manage if there is no standard or systematic approach to be followed in executing an MC activity.
Module 2 – Management Accounting
• The Balanced Scorecard Systematic MC is involved as one of the linkages of performance measures shareholders’ and the customers’ perspective or goals become the objective to be achieved. A systematic MC execution provides a good performance management tool for a project team to improve decision making and problem solving and ensure a speedy and proper handover to the operation team.
Module 3 – Marketing( Customer / Client Relationship)
• Where to compete A systematic MC execution will initiate the marketing strategic objective by identifying the strengths and opportunities in
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