(Business) Process (BP) - Procedure
Table of Contents
1 - About
A business process is a natural business activity performed in a organisation that typically is supported by a source data-collection system.
Example business process :
- raw materials purchasing
- general ledger
It's not referring to an organizational business department or function
Management processes should be organized more like operational processes, such as order-to-cash and procure-to-pay. Tried, tested, efficient and reliable.
A business process or business method is a collection of related, structured activities or tasks (that produce events) in order to deliver a specific service or product (serve a particular goal) for a particular customer or customers. It often can be visualized with a flowchart as a sequence of activities.
2 - Articles Related
3 - Serial vs Parallel
- Daisy Chain, one person must ask to another to be able to get something.
4 - Performance Management
A business process must supports all three aspects of performance management:
- Shaping strategy through financial and operational planning
- Taking action to execute the strategy across the business operations
- Measuring the results to enable fact-based decisions
With this closed-loop process, business process continue to improve over time and realize business outcomes.