Business process definition can be a collection of tasks linked to delivering a service or product to a client.
Simply put, processes are basically the set of activities or tasks, which once completed leads to the accomplishment of the business goals.
Clearly defined processes yield the best results. In order to add value to the business process management it is important to develop a strong understanding of the business processes. There are different methods and techniques to deal with a human resource-intensive business and a different approach to enhance an automated process.
Since the processes are different in nature, the optimization aims and methods are different too. Before using any technique, it is thus essential to first understand the types of Business Processes your line of business falls in.
The core business processes in any organization are:
In the highly competitive industry, there is the talk of Business Process Improvement everywhere. And a clear BPM makes that happen.
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