CHAPTER 4
MEASURING THE SUCCESS OF STRATEGIC INITIATIVES
In this chapter I learned that organizations spend enormous sums of money on IT to compete in nowadays fast-paced business environment.Effectiveness focuses on how well an organization is achieving its goals and objectives while efficiency focuses on the extent to which an organization is using its resources in an optimal way. however, success in one area does not necessarily imply success in the other.I also realized that supply chain management metrics can make an organization understand how it's operating over a given time period. A good performance in one part of the supply chain is not sufficient. A supply chain is only as strong as its weakest link.thank you miss
MEASURING THE SUCCESS OF STRATEGIC INITIATIVES
In this chapter I learned that organizations spend enormous sums of money on IT to compete in nowadays fast-paced business environment.Effectiveness focuses on how well an organization is achieving its goals and objectives while efficiency focuses on the extent to which an organization is using its resources in an optimal way. however, success in one area does not necessarily imply success in the other.I also realized that supply chain management metrics can make an organization understand how it's operating over a given time period. A good performance in one part of the supply chain is not sufficient. A supply chain is only as strong as its weakest link.thank you miss
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