Organizational approaches to financial management

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List 2-3 advantages and challenges for the following (3) organizational approaches to financial management using operations management tools:

A centralized department that has experts (black belts) who charter and lead projects throughout an organization

A centralized department that provides training in process improvement only and maintains the project management office (All projects are led by line staff who have been trained in process improvement tools.)

The use of consultants to lead process improvement projects

Reference no: EM131159351

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