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The Business Management System

A Framework for International Competitiveness

image of The Business Management System

This guide presents the concept of business management system (BMS) as a generic structure for managing business enterprises. It explains principles of BMS and describes BMS components and how they interact with each other. The guide also reviews various phases of the strategy cycle of business management; deals with developing business capabilities and its importance for the business and outlines the transaction cycle of business management, explaining the tasks involved and their importance in exporting business. The appendices include BMS’s failure mechanisms, a glossary of related terms, and Nomenclature of BMS.

English Spanish, French

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Business definition, strategy and management

The BMS specifies the job of managing a business in the form of a grid where managerial activities are applied to business tasks. In the Business Management Grid®©, the 45 example activities are applicable to the 26 business tasks in the BMS. Let us examine how the BMS helps managers by designing strategies.

English Spanish, French

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