Concept Management Quarter

Chief Execution Quarter (hereinafter, the Quarter) is the first of four lectures of Operations Quadrivium (hereinafter, the Quadrivium):

• The Quarter is designed to introduce its learners to enterprise discovery, or, in other words, to concepts related to obtaining data needed to administer the enterprise effort; and
• The Quadrivium examines concepts of administering various types of enterprises known as enterprise administration as a whole.

The Quadrivium is the first of seven modules of Septem Artes Administrativi, which is a course designed to introduce its learners to general concepts in business administration, management, and organizational behavior.

Outline

The predecessor lecture is Business Modeling Quarter.

• Policy. A guideline for making decisions.
• Incremental budgeting. Process starting with the current budget from which managers decide whether they need additional resources and the justification for requesting it.
• Idea management.
• Lessons learned. The learning gained from the process of performing the project. Lessons learned may be identified at any point. Also considered a project record.

1. Skunk works. A small group within a large organization, given a high degree of autonomy and unhampered by corporate bureaucracy, whose mission is to develop a project primarily for the sake of radical innovation.

• Marketing management.
• Business development.
• Social screening. Approving social criteria (screens) to investment decisions.
• Real goal. A goal that an organization actually pursues, as defined by the actions of its members.
• Stated goal. An official statement of what an organization says, and what it wants its various stakeholders to believe, its goals are.
• Strategic management process. A six-step process that encompasses strategic planning, implementation, and evaluation.
• Strategic management. What managers do to develop the organization's strategies.
• Top manager. A manager at or near the upper levels of the organizational structure who are responsible for making organization-wide decisions and establishing the goals and plans that affect the entire organization.
• Balanced scorecard. A performance measurement tool that looks as more than just the financial perspective.
• Outcome. A key factor that is affected by some other variables.
• Performance. The end result of an activity.

1. • Management. The process or activity of dealing with or controlling things or people.

• Range of variation. The acceptable parameters of variance between actual performance and the standard.
• Value chain management. The process of managing the sequence of activities and information along the entire value chain.

The successor lecture is Data Gathering Quarter.