Trust In Business Is A Means For Greater Business Efficiency

Every company is striving to improve efficiency. The capitalist economy is characterized by its own interests and competition, but cooperation is also needed to further improve efficiency and productivity. In order for a business to be successful, people who need to establish relationships with each other and with the outside of the organization can work together. These relationships are functions of trust. Trust is the dependence on the integrity, ability, or personality of an individual or object.

Form connectivity. Business process reengineering 1/2 BPR ®. 1/2 is an organizational approach that requires a thorough redesign of business processes to achieve higher efficiency, better quality, and more competitive production - Hammer and Champy, 1993. This means analyzing and changing the business processes throughout the organization. Business processes include activities and tasks across functions and organizational units. Information technology 1 / 2IT 1/2 is the most important element to achieve the new design process. Modern information technology is referred to as Process and Information Technology - Oldd, 1995 because it targets communication between business processes and those using these processes. In this way, BPR can be described as a redesign of an organization process that directly affects IT.

Croatia, Department of Business Computing, University of Zagreb Economics Business Vesna Bosilj Vuksic and Mario Spremic

Process and SOP development is essential to business success and growth. Business process management helps organizations and owners organize, streamline, and effectively manage key business functions. On the other hand, SOP specifies the system procedure for executing daily business activities. Process orientation and SOP work together to help entrepreneurs improve the quality of business management at both macro and micro level. The bad process, business process audit, and symptoms of SOP are explained in detail in previous blogs and articles. After implementation, the entire business activity will be executed through these processes and SOP.

Information is a complex in business to combine various departments of business systems, different business organizations, different business functions and processes, and to enable effective coordinating and control of the entire business. As valuable intangible business resources, information is not just a thing. The ERP system does not allow data of business partners involved in aggregation of almost all forms of transaction data and business operations. . It is totally different way. Without human behavior or organizational changes, the implementation of the new ERP system will not produce the expected benefit. Implementing a new ERP system is meaningless if the enterprise continues to use its old, inefficient approach.

Croatia, Department of Business Computing, University of Zagreb Economics Business Vesna Bosilj Vuksic and Mario Spremic