The Fastest Growing Business Management Discipline - Business Administration - 4

Publishing Guidelines: You may publish my article in yourWhat is MBA of Business Administration?: Over the
newsletter, on your website or in your print publicationpast fw years, many enterprises have implemented
provided you include the resource box at the end.operational Customer Relationship Management [CRM]
Notification would be appreciated but is not required.systems, and these enterprises are now analyzing
By S. MaurerCustomer behavior to plan and optimize marketing
What is MBA of Business Administration?: Whether atactics and improve Customer service programs.
Projct Management involves constructing a building,What is MBA of Business Administration?: In business,
releasing a product, or launching a rocket, projectProject Managment is an art, a skill, and a demanding
managers make sure everything comes together in afull-time job. Project managers are key employees in
timely, cost-effective mannerand take the heat if [IT]such industries as construction, engineering,
doesn't. Their high-profile, high-risk work demandsarchitecture, manufacturing, and real estate
multitasking ability, analytical thinking, and excellentdevelopment, but many opportunities for PMs exist
communication skills.outside these areas. In high tech, for example, or
What is MBA of Business Administration?: In defining abiotech or pharmaceuticals, project managers are
Project Managment [also called defining the "scope" ofresponsible for launching new products, developing
the project], you are setting parameters - building thenew technologies, and managing alliance programs
box to hold the project plan. The plan is the detail ofwith strategic partners.
how the Project Management will be accomplished.What is MBA of Business Administration?: CIOs can
The Project Management definition tells you what isplay a much larger role than in th past. But if they don't
inside and what is outside the box. [IT] sets limits on thestep up to that role, if the Chief Information Officer
Project Management.[CIO] isn't willing or able - and [IT] can be both - then
What is MBA of Business Administration?: A Projectwe believe [IT] is still important for some entity to fill
Managemnt Rule: Listen generously. People are able tothat role, either internally or externally.
say what they can in the moment. For the most part,What is MBA of Business Administration?: enterpriss
people are well-intended. Give them the benefit of thethat stay prevail beyond [CRM] integration challenges
doubt. Take the time to listen. Ask questions. Seekto create Customer-centric systems are rewarded
others opinions. And while youre at it, dont be so harshwith better support for existing customers and the
on yourself.ability to establish long-lasting, financially rewarding
What is MBA of Business Administration?: Where dosbusiness relationships.
technology fit? [IT] s a tool, nothing more. [IT] s theWhat is MBA of Business Administration?: As a Chief
means, not the end. Properly focused andInformation Officer [CIO] you ned to hone your
implemented, [CRM] software applications supportleadership skills with a particular emphasis on
more effective marketing, sales, and Customer carerelationship Management and communications skills
processes, enabling a Customer experience that buildswith executive peers, at the same time they continue
loyalty and long-term profitability.to gather expertise in how technology and process
What is MBA of Business Administration?: With Chiefinnovation can improve their enterprise and
Information Officer [CIO] and financ working together,manufacturer.
we see CFOs and CIOs working closely as part ofWhat is MBA of Business Administration?: A good
executive- and operations-Management teams andProject Managemnt is the most important tool for
decision-making committees.successfully delivering a complex project, but even the
What is MBA of Business Administration?: There armost knowledgeable Director/Manager needs more
[CRM] success stories, but success in a Customerthan experience and gut feelings to close intricate
Relationship Management [CRM] implementation mayimplementation of a Project Management successfully.
best be measured by the restraint an organizationWhat is MBA of Business Administration?: In today's
shows in its goals and expectations.competitive businss environment, a successful
What is MBA of Business Administration?: It isCustomer Relationship Management [CRM] strategy
concerning that poor project managment is often givencannot be implemented by only installing and integrating
as the excuse for project failure. Similarly, Poora software package designed to support [CRM]
Resource and Cost Management are a direct result ofprocesses.
mismanagement of our organizations assets, oftenWhat is MBA of Business Administration?: The Chief
resulting in poor project performance, cost andInformation Officr [CIO] is responsible for setting his
schedule overruns, and even catastrophic projectenterprise's technology direction and making sure [IT]
failures.aligns with the enterprise's business goals.