#dlmsays 20. Commercialize the IdeaProcess: Your business ideas - TopicsExpress

#dlmsays 20. Commercialize the IdeaProcess: Your business ideas must have a process model which is simply a collection of activities created or designed to achieve pre- determined business goals for a particular customer(s).You must consider the following:• Management Process: Which is the process that govern the separation of a system & this is basically includes corporate governance & strategic management.• Operational processes: which constitutes the core business & create the primary value stream? This includes: purchasing, advertising, marketing & sales.• Supporting process: which supports the core processes e.g. accounting, recruiting, call centre, technical support.Basically, a business process begins with a mission objective & ends with achievement of the business objectives. This enables you to control barrier chains & work within structures.