Enterprise management governs the daily operations and resources of an organization on a grand scale, such as its staff, finances, technology, and growth strategies. For instance, a manufacturing enterprise’s management oversees production, supply chain, and marketing.
Given the complexity and scale of modern organizations, enterprise management is crucial for efficiency, profitability, and agility. Key benefits include streamlined operations, improved decision-making, and increased adaptability to changing market conditions. Historically, the rise of information technology has significantly transformed enterprise management, enabling data-driven insights and automation.