A manager's responsibility is to get her team to achieve the organization's goals. The four functions of a manager are to plan, organize, lead and control her team. Feedback control is a process that ...

The strategic management process is more than just a set of rules to follow. It is a philosophical approach to business. Upper management must think strategically first, then apply that thought to a ...

Owners must manage capital projects well to keep costs under control and ensure a high-quality product is delivered on time. Good communication, sound procedures and processes, and high-tech tools can ...

Discover how operations management business practices can optimize business efficiency and balance costs with revenue to ...

Discussion of controllers in the continuous process industries typically centers on distributed control systems (DCSs). However, programmable logic controllers (PLCs) play as important a role in the ...

In process automation, an alarm is defined as an audible and/or visible means of indicating to the operator an equipment malfunction, process deviation, or abnormal condition requiring an operator ...

In a recent article, I took a critical look at the burgeoning robotic process automation (RPA) market – and found that in many cases, vendor promises were well ahead of functionality for this ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Successful collaboration in legal document management requires a unified effort from multiple stakeholders, ranging from lawyers and paralegals to subject matter experts and business leaders. By ...