Business Management (or managing) is the administration of a commercial organization, whether it be a business, a society, or a corporate body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. in line with the business norm and rules. The term "management" may also refer to the people who manage an organization.
The business manager can be divided into three levels, namely, upper, meddle and lower levels. They provide the clients with a systematic business management services including value chain management, running process management, personnel management, financial management, asset management, public relation management, business communication management, paperwork management, business risk management, corporate resource management, time sequence management, spatial expansion management and human ideology management, Tannet offers all kinds of management services systematically, logistically and coherently. Tannet can work as your personnel manager, financial manager, marketing manager, capital manager, project manager, and provide all the corresponding services.
Why do we need manager’s service? Because the ultimate objective of business manager’s service is to realize the normalization and streamlining of the business value chain and business process, so as to make business running more smoothly, corporate profit more stable and fruitful.
Value Chain Management (VCM)
Value chain management (VCM) is a strategic business analysis tool used for the seamless integration and collaboration of value chain components and resources. VCM focuses on minimizing resources and accessing value at each chain level, resulting in optimal process integration, decreased inventories, better products and enhanced customer satisfaction. It includes several aspects, such as business process management, supply management, market management, profit management, cost management and efficiency management, etc.
The core-competency strategy of VCM is designed to help streamline operations and make them more profitable by moving less-efficient and non-core competency tasks and operations outside the enterprise. VCM calls for repeatable and measurable business processes to better manage the product master data to ensure that customer expectations and commitments are met. Active VCM enables release and change processes to be better managed from concept to implementation. Standard, reliable and repeatable value chain processes contribute significantly to reducing overall operational inefficiencies and waste.
Running Process Management
Process management is the ensemble of activities of planning and monitoring the performance of a business process. It is the application of knowledge, skills, tools, techniques and systems to define, visualize, measure, control, report and improve processes with the goal to meet customer requirements profitably. Business process management is a field in operations management that focuses on improving corporate performance by managing and optimizing a company's business processes. It is conducive to eliminating risks, making operation run smoothly, and minimizing enterprise's failure rate.
Tannet's process services consist of macro process services and micro process services. Macro process services include Industrial value chain design, supply chain design, marketing process design and management process (administrative process and business process) design; while micro process services include products flow design, capital flow design, bill flow design, clients flow design, personnel flow planning, paperwork flow planning.
Personnel management can be defined as obtaining, using and maintaining a satisfied workforce. It is a significant part of management concerned with employees at work and with their relationship within the organization. Personnel management is the planning, organizing, compensation, integration and maintenance of people for the purpose of contributing to organizational, individual and societal goals.
In other words, personnel management may be understood from the perspectives of task management, leadership and implementation interaction and business culture and ideology formation. Managers are not only responsible for the work of its staff, but also should be responsible for the performance of the enterprise. If he/she wants to improve performance, he/she needs to guide the staff to complete the task well. Efficient allocation of work is the focus of management tasks. To allocate tasks, on the one hand, managers need to act as employees' coaches and commanders to help them choose the better way to complete the tasks and allot relevant resources in accordance with goals, standards and procedures; on the other hand, employees must have a certain ability to execute. That is to say, the management and employees need to communicate and interact in an effective way.
Tannet's personnel management services include, but are not limited to, human resource planning, recruitment and allocation, training and development, performance management, compensation and welfare management, employee relationship management; psychology management (mentality Management), behavior management, communication management, relationship management, moral responsibility, paperwork management, post management, etc.
Financial management refers to the efficient and effective management of money in such a manner as to accomplish the objectives of the enterprise. It includes how to raise the capital and how to allocate capital. Not only for long term budgeting, but also how to allocate the short term resources like current liabilities. It also deals with the dividend policies of the share holders.
Financial management consists of cost management, balance sheet management, profit and loss management, tax planning and arrangement, as well as asset management. For new enterprises, it is important to make a good estimation on costs and sales, profits and losses. Consideration on appropriate length sources of finances can help businesses avoid the cash flow problems even the failure of setting up. There are fixed and current sides of assets balance sheet. Fixed assets refers to assets that cannot be converted into cash easily, like plant, property, equipment etc. A current asset is an item on an entity's balance sheet that is either cash, a cash equivalent, or which can be converted into cash within one year. It is not easy for start ups to forecast the current asset, because there are changes in receivables and payables. Tax planning and arrangement, which reduces enterprises’ taxes directly or indirectly according to the tax law, is very significant for the improvement of enterprises’ benefits and ensures tax efficiency.
Tannet’s Financial services include, but are not limited to, international framework design, market entity design (tax), financial and tax analysis, financial and tax budgeting, fiscal planning, tax training, enterprise asset management and personal asset management,etc.
Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group. It may apply to both tangible assets (such as buildings) and to intangible assets such as human capital, intellectual property, goodwill and/or financial assets). Asset management is a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively.
Asset management can be understood from two aspects, namely, personal asset management and corporate asset management. Private asset management is delivered to high-net-worth investors. Generally this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock. With an increase in the number of affluent investors in recent years, there has been an increasing demand for sophisticated financial solutions and expertise throughout the world.
Corporate asset management is the business of processing and enabling information systems that support management of an organization's assets, both physical assets, called "tangible", and non-physical, "intangible" assets. Corporate asset management is to reasonably arrange plan and related resources and activities by means of informatizaiton measures, with improving asset utilization rate and reducing operation and maintenance costs as the goal, and optimizing the enterprise resources as the core.
Tannet’s asset management services include, but are not limited to, personal asset allocation, personal tax planning, personal foreign real estate investment, personal insurance financing, family assets inheritance; enterprise asset trust, asset allocation, equity design, asset transfer, registration and recording, stock holding, etc.
At present, There are more than 100 countries in the world that have joined the CRS. How to choose the best asset management countries or asset management areas is a problem that both individuals and enterprises should face. How to carry out a reasonable allocation of overseas assets? How to declare and dispose of offshore accounts legally? How to do personal tax management, family asset management, enterprise asset management? How to reasonably plan identity and allocate wealth...? More and more high net worth individuals are now concerned about there questions.
Public Relation Management
Public relation management (PRM) is the practice of establishing, maintaining and managing relationships with an organization's target audience, the media, and other opinion leaders, through which, enterprises establish a harmonious social relationship with the specific public objects (including the relationship with supplies, relationship with customers or clients, relationship with local authorities, and other related parties) via a series of purposeful, designed and ongoing communication in order to create a favorable survival environment and development environment.
To better manage the public relations, business individuals and enterprises must have a good knowledge of communication skills, which include oral communication skills and written communication skills. Enterprises are totally reliant on communication, which is defined as the exchange of ideas, messages, or information by speech, signals, or writing. Without communication, enterprises would not function. Effective Communication is significant for managers in the organizations so as to perform the basic functions of management, i.e., Planning, Organizing, Leading and Controlling.
Common responsibilities include designing communications campaigns, writing news releases and other content for news, working with the press, arranging interviews for company spokespeople, writing speeches for company leaders, acting as an organization's spokesperson, preparing clients for press conferences, media interviews and speeches, writing website and social media content, managing company reputation (crisis management), managing internal communications, and marketing activities like brand awareness and event management.
Business Communication Management
Business communication management is the systematic planning, implementing, monitoring, and revision of all the channels of communication within an organization, and between organizations. Business communication encompasses topics such as marketing, brand management, paperwork management, customer relations, consumer behavior, advertising, public relations, corporate communication, community engagement, reputation management, interpersonal communication, employee engagement, and event management. It is closely related to the fields of professional communication and technical communication. Business communication can also be said to a tool of public relation management, which needs high-level of speaking and writing abilities.
Enterprise communication management is the business communication and control within the main body of the enterprise and related parties. Communication is the bridge to establish business relations. Without good communication, there must be no good business relationship. Good communication is the foundation of further cooperation.
Tannet's business communication services include, but are not limited to, communication elements design, communication model design, communication skills design, presentation skills training, communication environment design, communication atmosphere design, communication content design, consultant training, eloquence skills training, speech skills training, marketing eloquence training, communication report design, annual report preparation and monthly report preparation.
Business Paperwork Management
Paperwork management is a series of process management of document preparation, receive-send, application, keeping secret, filing and file transferring. Paperwork management is the centralized management of archives and the distributary management of documents. Paperwork can run through any link of the business. It is also an important business communication tool. Simply speaking, paperwork management plays an important role in enterprise standardization.
Tannet’s paperwork management service include, but are not limited to, business contracts, employee handbook, application file design, solution planning, paperwork planning, due diligence report, business plan, investment plan, documents compilation, annual report, special edition publication, company brochure, as well as file management, offshore storage, cloud storage, etc.
Business Risk Management
Risk management is the identification, assessment, and prioritization of all kind of business risks. Risks can come from various sources including uncertainty in financial markets (market risk), threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities (legal risk), credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause.
Risk management’s objective is to assure uncertainty does not deflect the endeavor from the business goals. coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risk management is important in an organization, because without it, a firm cannot possibly define its objectives for the future. If a company defines objectives without taking the risks into consideration, chances are that they will lose direction once any of these risks hit home.
The uncertain economic times of the past few years have had a major effect on how companies operate these days. In recent years, many companies have added risk management departments to their team or turn professional institutions to manage business risks, the objective of which is to identify risks, come up with strategies to guard against these risks, to execute these strategies, and to motivate all members of the company to cooperate in these strategies. Tannet, with 18 years of development, has helped plenty of business individuals and enterprises set up, operate and manage their businesses. We are surely to provide clients with professional and satisfying risk management services.
Corporate Resource Management
Resource management refers to the process of using a company's resources in the most efficient way possible. These resources can include tangible resources such as goods and equipment, financial resources, and human resources such as employees, and intangible resources, such as market&marketing resources, human skills, or supply&demand resources. In organizational studies, resource management is the efficient and effective development of an organization's resources when they are needed. Large organizations usually have a defined corporate resource management process which mainly guarantees that resources are never over-allocated across multiple projects.
In the realm of project management, processes, techniques and philosophies as to the best approach for allocating resources have been developed. One kind of resource management technique is resource leveling, which aims at smoothing the stock of resources on hand, reducing both excess inventories and shortages, which can be understood as the aforementioned supply&demand resources. The required data are: the demands for various resources, forecast by time period into the future as far as is reasonable, as well as the resources' configurations required in those demands, and the supply of the resources, again forecast by time period into the future as far as is reasonable.
Resource management can include ideas such as making sure one has enough physical resources for one's business, but not an overabundance so that products won't get used, or making sure that people are assigned to tasks that will keep them busy and not have too much downtime. Large organizations usually have a defined corporate resource management process which mainly guarantees that resources are never over-allocated across multiple projects.
Tannet's resource management services mainly include ERP service, ERM service, human resources development service, supply resources development service, demand resources development service, administrative license reporting services, technology resources transfer service.
Time Sequence Management
Time sequence management is to achieve quantitative management and be value-centered. Ensuring that everyone has something to do, what he/she has done is worthwhile, the value achieved can meet the standard and without any risks, so as to truly reflect that time is money and efficiency is life. In fact, both individuals and enterprises have to go through the process of time extension. Time keeps running away seconds by seconds, therefore time value becomes particularly important.Time management for enterprise is the concrete manifestation of the enterprise's management of time cycle management, time effectiveness management and time value management.
Tannet's time sequence management service include, but are not limited to, annual goal setting, monthly goal setting, annual plan, annual summary report, annual budget report, work time standardizing, overtime management, cycle plan management, job evaluation, work efficiency, efficiency management, employee performance management design,etc.
Spatial Expansion Management
Spatial expansion management is the control and management of enterprise development space. For example, market development space, strategic development space, existing application space, commodity application space, personal growth space, value-added space. Space management requires dimensional thinking and strategic thinking. Enterprise space management includes globalized, systematic, process-oriented and model-oriented space management.
Spatial expansion management can also be divided into different levels, such as group management, department management, branch management, independent operation management. In addition, space management can also be sliced, cutting big space into small space.
Tannet's spatial expansion management service include, but are not limited to enterprise development space design, market space development design, network market space development design, product space development services, employee growth space design, urban development space design, strategic development space design, space design of enterprise capability development. With successful and tailored-made space management, any enterprises are able to better manage their businesses and better to survive, thus getting a firm foothold.
Human Ideology Management
Philosophically, ideology can be understood as the understanding and cognition of things. It is a sense of things. It is the sum of factors such as ideas, views, concepts and values. The human ideology is a comprehensive concept of normative beliefs, conscious and unconscious ideas, that an individual, group or society has. Therefore, human ideology management stresses on the norm and influence on the ways of human thinking and behavior.
Human ideology management refers to carry out different levels of management in a logical and orderly way according to the different needs of different people, so as to release potential capabilities and productivity. This is human-centered management under the premise of revival of human nature.
Human ideology management focuses on motivating people's consciousness rather than militarization management. Different people have different needs. By using Maslow's (a famous American psychologist) Hierarchy of Needs, Tannet has already discovered a set of effective humanistic management model, which can integrate those different requirements in an orderly and harmonious way, thus building core competitive advantage of enterprise to promote the all-round development of human beings to boost the overall development of enterprises. This is the core purpose of human ideology management.
Tannet's human ideology management services include, but are not limited to, life orientation and career mentoring, potential stimulation, confidence cultivation, mentality adjustment, corporate culture and team culture design, written and oral communication skills improvement, thinking mode and behaviour norms standardizing and independent operator shaping.
In summary, business management is a kind of activities associated with running a company, such as controlling, leading, monitoring, organizing, and planning. It is a really long and ongoing process. The objective of business management is to better operate a business so that it can better develop and grow. Apart from the business manager's service and business incubator's service & business operator's service introduced before, Tannet also provide another three services, namely, business accelerator’s services, capital investor’s services and business solutions provider’s services. We are a multinational and cross-industry business agency who provide world wide clients with professional and tailor-made services.
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling HK hotline at 852-27826888, China hotline at 86-755-82143181, Malaysia hotline at 603-21100289, or emailing to email@example.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
Post time: Apr-04-2023