Business Network Management in the Aspects of Factors That Affect the Success of Business Operations

Abstract

          This academic article is a review of relevant literature and research to present business network management in the aspects of factors that affect the success of business operations, which is a potential development that starting from a strengthening model that is beneficial to the private sector entrepreneurs. Therefore, business network management is one of its key factors affecting the success of business operations, as well. Understanding, whether dealing with buyers of goods and services or a manufacturer to add value, as well as creating innovative strategies and innovations to manage the network affects internal factors, this is considered a significant part of building a business network relationship. Network management results in the variety of factors, including 1) financial strength, 2) organizational structure, 3) experience management, 4) technical competence and 5) organization culture. When network management results in a directional component that positively affects the business, it creates a competitive advantage strength. It can also increase productivity that is very important to the success of business operations to differentiate itself from competitors.