Definition of Enterprise Wide

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The term "enterprise wide" can cover a lot of ground, ranging from software that offers a central storage system that can be accessed by everyone to a strategy for managing a particular project across all departments. More generally, enterprise wide is an expression denoting the fact a particular operation or process impacts all functions of a company.

Enterprise Wise Systems

  • Company leaders meet periodically to set objectives and formulate strategic plans. In doing so, they consider the way in which all functions of the business contribute toward enterprise wide goals. Common examples of enterprise wide business systems include customer relationship management and enterprise resource planning. With CRM, teams and workers share information on both prospects and customers designed to help improve the management of customers. With ERP, departments share resources and plan supply orders collaboratively.

Benefits and Challenges

  • Greater collaboration and efficiency are the primary benefits of an enterprise wide system. In a customer-centric company, for example, you want all employees to communicate ideas and solutions to deliver a quality customer experience. To achieve enterprise wide success, you must dedicate meeting time for managers to plan shared processes and activities. This requires time, patience, and an ability to get everyone involved to adopt an organization-first approach.

References

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