The document discusses operations and processes. It examines key assets like human resources and what value is added. It also discusses activities that are customer centric, how processes can be innovated, led in a predictable sequence and made repeatable. Process transformation, technology, performance objectives, sequencing, scheduling, monitoring and control are discussed for improving operations. Meetings, initiatives, milestones and metrics are reviewed along with adherence to policies, customer reviews and business performance assessments. The roles of an entrepreneur, corporate leader and manager are compared in how they commit to ideas and make decisions within organizational hierarchies.