Knowledge (XXG)

Business process

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1193:. The appropriate level of task division was defined through experimental design of the production process. In contrast to Smith's view which was limited to the same functional domain and comprised activities that are in direct sequence in the manufacturing process, today's process concept includes cross-functionality as an important characteristic. Following his ideas, the division of labor was adopted widely, while the integration of tasks into a functional, or cross-functional, process was not considered as an alternative option until much later. 1380:(BPR) was originally conceptualized by Hammer and Davenport as a means to improve organizational effectiveness and productivity. It can involve starting from a "blank slate" and completely recreating major business processes, or it can involve comparing the "as-is" process and the "to-be" process and mapping the path for change from one to the other. Often BPR will involve the use of information technology to secure significant performance improvement. The term unfortunately became associated with corporate "downsizing" in the mid-1990s. 1470:
1980s saw the development of data-driven approaches as data storage and retrieval technologies improved. Data modeling, rather than process modeling was the starting point for building an information system. Business processes had to adapt to information technology because process modeling was neglected. The shift towards process-oriented management occurred in the 1990s. Enterprise resource planning software with workflow management components such as SAP, Baan,
1184:, one man would perform all the activities required during the production process, while Smith described how the work was divided into a set of simple tasks which would be performed by specialized workers. The result of labor division in Smith's example resulted in productivity increasing by 24,000 percent (sic), i.e. that the same number of workers made 240 times as many pins as they had been producing before the introduction of labor division. 2387:
of these different programs all parading under the same name. Few are alike, and those varied programs have a wide variety of features—a mixture of the old and the new—with, in more cases than not, very little of the new. ... However, I have forewarned you there are almost as many different TQM programs as there are companies that have started them because that creates confusion about what to do in your own case.
1396:, modeling, and optimization) that strives to support the goals of an enterprise within and beyond multiple boundaries, involving many people, from employees to customers and external partners. A major part of BPM's enterprise support involves the continuous evaluation of existing processes and the identification of ways to improve upon it, resulting in a cycle of overall organizational improvement. 989: 1139:. While decomposing processes into process classifications, categories can be helpful, but care must be taken in doing so as there may be crossover. At last, all processes are part of a largely unified customer-focused result, one of "customer value creation." This goal is expedited with business process management, which aims to analyze, improve, and enact business processes. 2661: 1490:(BMM) are widely used standards for business modeling. The Business Modeling and Integration Domain Task Force (BMI DTF) is a consortium of vendors and user companies that continues to work together to develop standards and specifications to promote collaboration and integration of people, systems, processes and information within and across enterprises. 1446:(74%) and social media (38%). Consequently, businesses need to have an effective online strategy to increase brand awareness and grow." (Paun, 2020) Customers engage and interact through social media and businesses who are effectively part of social media drive more successful businesses. The most common social media sites that are used for business are 1502:
their customers. The abundance of customer data collected through these channels as well as through call center interactions, emails, voice calls, and customer surveys has led to a huge growth in data analytics which in turn is utilized for performance management and improving the ways in which the company services its customers.
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across time and space, with a beginning and an end, and clearly defined inputs and outputs: a structure for action. ... Taking a process approach implies adopting the customer's point of view. Processes are the structure by which an organization does what is necessary to produce value for its customers.
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is the procedural movement of information, material, and tasks from one participant to another. Workflow includes the procedures, people and tools involved in each step of a business process. A single workflow may either be sequential, with each step contingent upon completion of the previous one, or
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model, which also builds on a division of primary and secondary activities. According to Rummler and Brache, a typical characteristic of a successful process-based organization is the absence of secondary activities in the primary value flow that is created in the customer oriented primary processes.
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of a sequence of activities with interleaving decision points or as a process matrix of a sequence of activities with relevance rules based on data in the process. The benefits of using business processes include improved customer satisfaction and improved agility for reacting to rapid market change.
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In fact, the term TQM has become so widely used that it has become the number one buzzphrase to describe a new type of quality-oriented management. Thus, the name TQM now covers a very broad tent encompassing all sorts of management practices. In my management advisory activities I run into scores
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Creating a strong brand presence through social media is an important component to running a successful business. Companies can market, gain consumer insights, and advertise through social media. "According to a Salesforce survey, 85% of consumers conduct research before they make a purchase online,
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One man draws out the wire; another straights it; a third cuts it; a fourth points it; a fifth grinds it at the top for receiving the head; to make the head requires two or three distinct operations; to put it on is a peculiar business; to whiten the pins is another ... and the important business of
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in the mid-1980s, first introduced by Motorola. Six Sigma consists of statistical methods to improve business processes and thus reduce defects in outputs. The "lean approach" to quality management was introduced by the Toyota Motor Company in the 1990s and focused on customer needs and reducing of
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Customer Service is a key component to an effective business business plan. Customer service in the 21st century is always evolving, and it is important to grow with your customer base. Not only does a social media presence matter, but also clear communication, clear expectation setting, speed, and
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a business process is a series of steps designed to produce a product or service. Most processes (...) are cross-functional, spanning the 'white space' between the boxes on the organization chart. Some processes result in a product or service that is received by an organization's external customer.
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This definition contains certain characteristics that a process must possess. These characteristics are achieved by focusing on the business logic of the process (how work is done) instead of taking a product perspective (what is done). Following Davenport's definition of a process, we can conclude
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Business processes comprise a set of sequential sub-processes or tasks with alternative paths, depending on certain conditions as applicable, performed to achieve a given objective or produce given outputs. Each process has one or more needed inputs. The inputs and outputs may be received from, or
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that a process must have clearly defined boundaries, input and output, consist of smaller parts and activities which are ordered in time and space, that there must be a receiver of the process outcome—a customer – and that the transformation taking place within the process must add customer value.
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For example, if a recommendation to replace a given policy with a better one is made with proper justification and accepted in principle by business process owners, then corresponding changes in the consequent processes and procedures will follow naturally in order to enable implementation of the
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and mobile technology, and the development of analytical techniques. Cloud-based technologies allow companies to purchase resources quickly and as required, independent of their location. Social media, websites and smart phones are the newest channels through which organizations reach and support
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This definition also emphasizes the constitution of links between activities and the transformation that takes place within the process. Johansson et al. also include the upstream part of the value chain as a possible recipient of the process output. Summarizing the four definitions above, we can
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The above definition distinguishes two types of processes, primary and support processes, depending on whether a process is directly involved in the creation of customer value or concerned with the organization's internal activities. In this sense, Rummler and Brache's definition follows Porter's
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performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels and may or may not be visible to the customers. A business process may
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Advances in information technology over the years have changed business processes within and between business enterprises. In the 1960s, operating systems had limited functionality, and any workflow management systems that were in use were tailor-made for the specific organization. The 1970s and
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a structured, measured set of activities designed to produce a specific output for a particular customer or market. It implies a strong emphasis on how work is done within an organization, in contrast to a product focus's emphasis on what. A process is thus a specific ordering of work activities
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A business process begins with a mission objective (an external event) and ends with achievement of the business objective of providing a result that provides customer value. Additionally, a process may be divided into subprocesses (process decomposition), the particular inner functions of the
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is the definition of the knowledge that employees and systems use to perform their functions and maintaining it in a format that can be accessed by others. Duhon and the Gartner Group have defined it as "a discipline that promotes an integrated approach to identifying, capturing, evaluating,
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A business made up of many process may be decomposed into various subprocesses, each of which have their own peculiar aspects but also contribute to achieving the objectives of the business. The business review analyzes processes, that usually include the mapping or modeling of processes and
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Ask ten people what TQM is and you will hear ten different answers. There is no specification or standard for it, or certification programme to proclaim that you have it. What we understand by TQM probably depends on which of the thought leaders, (often referred to as 'gurus') we have come
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reports, provided these are consciously used for day-to-day or periodical decision-making. With this understanding would hopefully come the willingness to invest time and other resources in business process improvement by introduction of useful and relevant reporting systems.
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Typically, some process tasks will be manual, while some will be computer-based, and these tasks may be sequenced in many ways. In other words, the data and information that are being handled through the process may pass through manual or computer tasks in any given order.
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a set of linked activities that take an input and transform it to create an output. Ideally, the transformation that occurs in the process should add value to the input and create an output that is more useful and effective to the recipient either upstream or downstream.
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The characteristic of processes as spanning the white space on the organization chart indicates that processes are embedded in some form of organizational structure. Also, a process can be cross-functional, i.e. it ranges over several business functions.
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occurring on the shop floor. This process should include systematic periodical analysis of rejections by reason and present the results in a suitable information report that pinpoints the major reasons and trends in these reasons for management to take
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The world of e-business created a need to automate business processes across organizations, which in turn raised the need for standardized protocols and web services composition languages that can be understood across the industry. The
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to control rejections and keep them within acceptable limits. Such a process of analysis and summarisation of line rejection events is clearly superior to a process which merely inquires into each individual rejection as it occurs.
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Operational processes, which are business processes, are of a productive or "missional" nature. These processes generate a product or service to be delivered to customers. These are considered to be unique or specific to each
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making a pin is, in this manner, divided into about eighteen distinct operations, which, in some manufactories, are all performed by distinct hands, though in others the same man will sometimes perform two or three of them.
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and the organization's infrastructure strategies related to it, are a theoretical cornerstone of the business process concept, requiring "a framework for measuring the level of IT support for business processes."
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retrieving, and sharing all of an enterprise's information assets. These assets may include databases, documents, policies, procedures, and previously un-captured expertise and experience in individual workers."
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We call these primary processes. Other processes produce products that are invisible to the external customer but essential to the effective management of the business. We call these support processes.
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As we can note, Hammer & Champy have a more transformation-oriented perception and put less emphasis on the structural component – process boundaries and the order of activities in time and space.
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Strategic processes, which are managerial, directive or steering processes. Management has an important role in each of these. This type of process is related to strategic planning, partnerships, etc.
2230: 1346:(i.e., the person responsible for the continuous improvement of the process) is considered as a prerequisite. Sometimes the process owner is the same person who is performing the process. 1946:"Book I. Of the Causes of Improvement in the Productive Powers of Labour, and of the Order According to Which Its Produce Is Naturally Distributed among the Different Ranks of the People" 1122:
Support processes, which are auxiliary in nature, support for operational and strategic processes. These are responsible for providing resources and are presented in most organizations.
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von Rosing, M.; Foldager, U.; Hove, M.; et al. (2015). "Working with the Business Process Management (BPM) Life Cycle". In von Rosing, M.; Scheer, A.-W.; von Scheel, H. (eds.).
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status reports for supplier delivery follow-up as described in the section on effectiveness above. There are numerous examples of this in every possible business process.
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von Scheel, H.; von Rosing, M.; Fonseca, M.; et al. (2014). "Phase 1: Process Concept Evolution". In von Rosing, M.; Scheer, A.-W.; von Scheel, H. (eds.).
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focused on standardization of processes, systematic training and clearly defining the roles of management and employees. His methods were widely adopted in the
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Sidorova, A.; Torres, R.; Al Beayeyz, A. (2014). "The Role of Information Technology in Business Process Management". In vom Brocke, J.; Rosemann, M. (eds.).
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sub-processes down to a group of activities at different levels. Processes can be modeled using a large number of methods and techniques. For instance, the
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parallel, with multiple steps occurring simultaneously. Multiple combinations of single workflows may be connected to achieve a resulting overall process.
1626:. Introducing a business process concept has a considerable impact on the structural elements of the organization and, thus also on the span of control. 1600:
and operatives should realise that process improvement often occurs with introduction of appropriate transaction, operational, highlight, exception or
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Sezenias, E.; Farmakis, A.; Karagiannis, G.; et al. (2012). "A Holistic Business Performance Measurement Framework". In Glykas, M. (ed.).
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process. Business processes may also have a process owner, a responsible party for ensuring the process runs smoothly from start to finish.
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Rummler & Brache (1995) use a definition that clearly encompasses a focus on the organization's external customers, when stating that
1210: 1427:(TQM) emerged in the early 1980s as organizations sought to improve the quality of their products and services. It was followed by the 1483: 1128: 716: 2594: 2561: 2536: 2511: 2433: 2371: 2323: 2281: 2187: 2158: 2116: 2030: 2003: 1976: 1923: 1898: 1862: 1833: 1799: 1763: 1721: 573: 1005: 622: 2691: 1377: 1372: 2424:
Palmer, N. (2015). "iBPM - Intelligent Business Process Management". In von Rosing, M.; Scheer, A.-W.; von Scheel, H. (eds.).
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Business processes are designed to be operated by one or more business functional units, and emphasize the importance of the "
2627: 1392:" (BPM) can generally be defined as a discipline involving a combination of a wide variety of business activity flows (e.g., 2686: 1601: 1416:
accuracy. If the customer service provided by a business is not effective, it can be detrimental to the business success.
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and create the primary value stream, e.g., taking orders from customers, opening an account, and manufacturing a component
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a collection of activities that takes one or more kinds of input and creates an output that is of value to the customer.
2269: 1679: 856: 642: 470: 1664: 1393: 1389: 846: 733: 683: 2665: 1326:: The transformation taking place within the process must add value to the recipient, either upstream or downstream. 1241:," as differentiated from manual workers – and how knowledge management would become part of an entity's processes. 876: 2132: 2681: 1487: 1132: 1045: 881: 660: 602: 304: 136: 2204: 1262:
Hammer & Champy's (1993) definition can be considered as a subset of Davenport's. They define a process as:
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Resources: Paun, Goran (2020). Building A Brand: Why A Strong Digital Presence Matters. Forbes. Sourced from
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focused much of his work on the simplification and decentralization of processes, which led to the concept of
1314:: It must consist of activities that are ordered according to their position in time and space (a sequence). 886: 866: 851: 806: 632: 377: 357: 308: 294: 289: 285: 246: 40: 2472: 1659: 1641: 946: 931: 861: 723: 627: 276: 176: 156: 146: 111: 1070:
Broadly speaking, business processes can be organized into three types, according to von Rosing et al.:
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A History of Managing for Quality: The Evolution, Trends, and Future Directions of Managing for Quality
1557: 1560:. There is a cascading effect of improvements made at a higher level on those made at a lower level. 1553: 1404: 1206: 1085: 891: 816: 801: 688: 678: 655: 595: 563: 465: 407: 169: 66: 2642:
Slack et al., edited by: David Barnes (2000) The Open University, Understanding Business: Processes
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Process-oriented organizations break down the barriers of structural departments and try to avoid
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Large organizations that are not organized as markets need to be organized in smaller units, or
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High Performance Through Business Process Management: Strategy Execution in a Digital World
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In general, the various tasks of a business process can be performed in one of two ways:
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Process Improvement and Organizational Learning: The Role of Collaboration Technologies
1577: 1332:: A process cannot exist in itself, it must be embedded in an organizational structure. 951: 480: 475: 402: 397: 387: 241: 216: 191: 2529:
The Complete Business Process Handbook: Body of Knowledge from Process Modeling to BPM
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The Complete Business Process Handbook: Body of Knowledge from Process Modeling to BPM
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The Complete Business Process Handbook: Body of Knowledge from Process Modeling to BPM
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The Complete Business Process Handbook: Body of Knowledge from Process Modeling to BPM
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The Complete Business Process Handbook: Body of Knowledge from Process Modeling to BPM
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Improving Performance: How to manage the white space on the organizational chart
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Business Enterprise, Process, and Technology Management: Models and Applications
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Smith also first recognized how output could be increased through the use of
2616: 2381: 2333: 2291: 2265: 1752:"Chapter 1: Business Process Management: What Is It and Why Do You Need It?" 1451: 1428: 1338:: A process regularly can, but not necessarily must, span several functions. 1111:
There are other definitions of the classification of processes proposed by
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Business Process Change: 2nd Ed, A Guide for Business Managers and BPM and
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The above improvement areas are equally applicable to policies, processes,
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The Five Pillars of TQM: How to Make Total Quality Management Work for You
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Business Process Reengineering: BreakPoint Strategies for Market Dominance
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technique that can be used for drawing business processes in a visualized
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Supporting processes, which support the core operational processes, e.g.,
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An important early (1776) description of processes was that of economist
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is the number of subordinates a supervisor manages within a structural
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to ensure effective action. An example of this is the availability of
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compile the following list of characteristics for a business process:
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Process Innovation: Reengineering work through information technology
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Information technology as an enabler for business process management
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Reengineering the Corporation: A Manifesto for Business Revolution
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emerged, as did business process management systems (BPMS) later.
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Another example from production is the process of analyzing line
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The most recent trends in BPM are influenced by the emergence of
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Effective Process Management: Improving Your Healthcare Delivery
1320:: There must be a recipient of the process' outcome, a customer. 1167:, Smith described the production of a pin in the following way: 2479:. Institute for Operations Research and the Management Sciences 2109:
Business Process Management: Concepts, Languages, Architectures
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Business Process Management: Concepts, Languages, Architectures
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An Inquiry into the Nature and Causes of the Wealth of Nations
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The Age of Discontinuity: Guidelines for Our Changing Society
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Though the term has been used contextually to mixed effect, "
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In the latter part of the twentieth century, management guru
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Business Process Engineering: Advancing the State of the Art
1308:: It must have clearly defined boundaries, input and output. 2178:. In von Rosing, M.; Scheer, A.-W.; von Scheel, H. (eds.). 1971:. Springer Science & Business Media. pp. 313–329. 1889:. In von Rosing, M.; Scheer, A.-W.; von Scheel, H. (eds.). 1857:. Springer Science & Business Media. pp. 187–212. 1828:. Springer Science & Business Media. pp. 187–212. 2647:
Operations and Production Systems with Multiple Objectives
2449: 1633:– which can be defined according to different principles. 2111:. Springer Science & Business Media. pp. 25–72. 2105:"Chapter 2: Evolution of Enterprise Systems Architecture" 1716:. Springer Science & Business Media. pp. 1–24. 1572:
Business processes must include up-to-date and accurate
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Nikolić, B.; Dakić, J.; Ružić-Dimitrijević, L. (2013).
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von Rosing, M.; Kemp, N.; Hove, M.; Ross, J.W. (2014).
1853:. In Elzinga, D.J.; Gulledge, T.R.; Lee, C.-Y. (eds.). 1824:. In Elzinga, D.J.; Gulledge, T.R.; Lee, C.-Y. (eds.). 1187:
Smith did not advocate labor division at any price or
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Creating a Strong Brand Presence through Social Media
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is a collection of related, structured activities or
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Business Process Management: Theory and Applications
2098: 2096: 1880: 1878: 1876: 1874: 1783: 1781: 1779: 1777: 1775: 2531:. Vol. 1. Morgan Kaufmann. pp. 265–341. 2428:. Vol. 1. Morgan Kaufmann. pp. 349–361. 2355: 2135:, page 6, published 2008, accessed 2 February 2020 1952:. University Press; Thomas Nelson and Peter Brown. 1939: 1937: 1935: 1893:. Vol. 1. Morgan Kaufmann. pp. 123–172. 1442:and among the most used channels for research are 1249:Davenport (1993) defines a (business) process as: 1822:"Chapter 8: BPR Methodologies: Methods and Tools" 1703: 1701: 1699: 1697: 1695: 2182:. Vol. 1. Morgan Kaufmann. pp. 79–88. 1815: 1813: 1811: 1745: 1743: 1741: 1739: 1737: 1735: 1733: 34:Systematic collection of tasks within a business 2176:"Phase 4: What Is Business Process Management?" 2131:Chartered Institute of Management Accountants, 1794:. Vol. 1. Morgan Kaufmann. pp. 1–10. 1205:greatly influenced and improved the quality of 2212:Online Journal of Applied Knowledge Management 1291:Johansson et al. 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(2013). 2613:Paul's Harmon (2007). 2019:Drucker, P.F. (2007). 1992:Drucker, P.F. (2017). 1660:Business method patent 1642:Information management 1298: 1280: 1268: 1256: 1174: 947:International business 932:Business judgment rule 277:Chief business officer 177:Annual general meeting 157:State-owned enterprise 147:Privately held company 1750:Kirchmer, M. (2017). 1532:by means of business 1429:Six Sigma methodology 1293: 1275: 1264: 1251: 1169: 1107:, and safety training 623:Customer relationship 559:Business intelligence 521:Financial institution 496:International finance 446:Cash conversion cycle 353:Development economics 314:Chief product officer 62:Management accounting 2687:Enterprise modelling 2668:at Wikimedia Commons 2310:Holmes, Ken (1992), 2266:Milwaukee, Wisconsin 1513:organizational units 1497:, the prevalence of 1405:Knowledge management 1400:Knowledge management 1207:industrial processes 1086:corporate governance 1082:Management processes 564:Business development 408:Economic development 170:Corporate governance 67:Financial accounting 18:Business Engineering 2145:Kock, N.F. (1999). 1554:detailed procedures 1336:Cross-functionality 974:Business statistics 957:International trade 942:Business operations 638:Electronic business 543:Types of management 431:Financial statement 413:Economic statistics 281:Chief brand officer 237:Corporate liability 152:Sole proprietorship 132:Joint-stock company 2270:ASQC Quality Press 2103:Weske, M. (2012). 1944:Smith, A. (1827). 1708:Weske, M. (2012). 1655:Business functions 1590:corrective actions 1201:American engineer 937:Consumer behaviour 739:Product life-cycle 526:Capital management 491:Managerial finance 182:Board of directors 2664:Media related to 2621:. Morgan Kaufmann 2064:, Harper Business 1820:Chen, M. (2012). 1558:work instructions 1245:Other definitions 1182:handcrafted goods 1105:technical support 1042:business function 1030: 1029: 917:Business analysis 486:Corporate finance 456:Capital budgeting 393:Knowledge economy 187:Supervisory board 29:Business strategy 16:(Redirected from 2699: 2682:Business process 2666:Business process 2663: 2601: 2600: 2574: 2568: 2567: 2549: 2543: 2542: 2524: 2518: 2517: 2495: 2489: 2488: 2486: 2484: 2468: 2462: 2461: 2459: 2457: 2446: 2440: 2439: 2421: 2415: 2414: 2412: 2411: 2396: 2390: 2389: 2361: 2348: 2342: 2341: 2307: 2301: 2300: 2299: 2298: 2256:Juran, Joseph M. 2252: 2246: 2245: 2243: 2241: 2226: 2220: 2219: 2209: 2200: 2194: 2193: 2171: 2165: 2164: 2142: 2136: 2129: 2123: 2122: 2100: 2091: 2084: 2078: 2071: 2065: 2058: 2052: 2043: 2037: 2036: 2016: 2010: 2009: 1989: 1983: 1982: 1960: 1954: 1953: 1941: 1930: 1929: 1911: 1905: 1904: 1882: 1869: 1868: 1846: 1840: 1839: 1817: 1806: 1805: 1785: 1770: 1769: 1747: 1728: 1727: 1705: 1536:systems such as 1495:cloud technology 1412:Customer Service 1350:Related concepts 1239:knowledge worker 1056:functional silos 1034:business process 1022: 1015: 1008: 992: 991: 969:Business process 511:Financial market 348:Labour economics 343:Public economics 102:Corporation sole 37: 21: 2707: 2706: 2702: 2701: 2700: 2698: 2697: 2696: 2672: 2671: 2656: 2610: 2608:Further reading 2605: 2604: 2597: 2576: 2575: 2571: 2564: 2551: 2550: 2546: 2539: 2526: 2525: 2521: 2514: 2497: 2496: 2492: 2482: 2480: 2470: 2469: 2465: 2455: 2453: 2448: 2447: 2443: 2436: 2423: 2422: 2418: 2409: 2407: 2398: 2397: 2393: 2374: 2350: 2349: 2345: 2326: 2309: 2308: 2304: 2296: 2294: 2284: 2254: 2253: 2249: 2239: 2237: 2228: 2227: 2223: 2207: 2202: 2201: 2197: 2190: 2173: 2172: 2168: 2161: 2144: 2143: 2139: 2130: 2126: 2119: 2102: 2101: 2094: 2085: 2081: 2072: 2068: 2059: 2055: 2044: 2040: 2033: 2018: 2017: 2013: 2006: 1991: 1990: 1986: 1979: 1962: 1961: 1957: 1943: 1942: 1933: 1926: 1913: 1912: 1908: 1901: 1884: 1883: 1872: 1865: 1848: 1847: 1843: 1836: 1819: 1818: 1809: 1802: 1787: 1786: 1773: 1766: 1749: 1748: 1731: 1724: 1707: 1706: 1693: 1688: 1651: 1639: 1620:span of control 1616: 1614:Span of control 1611: 1570: 1550: 1534:data processing 1508: 1467: 1438: 1422: 1414: 1410: 1409: 1402: 1386: 1375: 1369: 1357: 1352: 1247: 1227: 1199: 1150: 1145: 1064: 1038:business method 1026: 986: 979: 978: 922:Business ethics 912: 902: 901: 842: 834: 833: 544: 536: 535: 531:Venture capital 461:Commercial bank 451:Insider dealing 426: 418: 417: 368:Planned economy 333: 323: 322: 267: 265:Corporate title 257: 256: 232:Corporate crime 212: 202: 201: 197:Audit committee 172: 162: 161: 117:Holding company 97:Corporate group 92: 85:Business entity 77: 76: 57: 35: 32: 23: 22: 15: 12: 11: 5: 2705: 2703: 2695: 2694: 2689: 2684: 2674: 2673: 2670: 2669: 2655: 2654:External links 2652: 2651: 2650: 2643: 2640: 2633: 2628:Re-engineering 2622: 2609: 2606: 2603: 2602: 2595: 2569: 2562: 2544: 2537: 2519: 2512: 2490: 2463: 2441: 2434: 2416: 2391: 2372: 2343: 2324: 2302: 2282: 2247: 2221: 2195: 2188: 2166: 2159: 2137: 2124: 2117: 2092: 2079: 2066: 2053: 2038: 2031: 2011: 2004: 1984: 1977: 1955: 1931: 1924: 1906: 1899: 1870: 1863: 1841: 1834: 1807: 1800: 1771: 1764: 1729: 1722: 1690: 1689: 1687: 1684: 1683: 1682: 1677: 1672: 1667: 1662: 1657: 1650: 1647: 1638: 1635: 1615: 1612: 1610: 1607: 1598:process owners 1578:purchase order 1569: 1566: 1549: 1546: 1541: 1540: 1530: 1507: 1504: 1466: 1463: 1421: 1418: 1401: 1398: 1385: 1382: 1371:Main article: 1368: 1365: 1356: 1353: 1351: 1348: 1340: 1339: 1333: 1327: 1321: 1315: 1309: 1246: 1243: 1226: 1223: 1198: 1195: 1178:labor division 1149: 1146: 1144: 1141: 1124: 1123: 1120: 1116: 1109: 1108: 1089: 1079: 1063: 1060: 1028: 1027: 1025: 1024: 1017: 1010: 1002: 999: 998: 997: 996: 981: 980: 977: 976: 971: 966: 965: 964: 954: 952:Business model 949: 944: 939: 934: 929: 924: 919: 913: 908: 907: 904: 903: 900: 899: 894: 889: 884: 879: 874: 869: 864: 859: 854: 849: 843: 840: 839: 836: 835: 832: 831: 826: 821: 820: 819: 809: 804: 799: 794: 789: 784: 783: 782: 771: 766: 761: 756: 751: 746: 741: 736: 731: 726: 721: 720: 719: 708: 703: 702: 701: 691: 686: 681: 676: 671: 670: 669: 661:Human resource 658: 653: 652: 651: 640: 635: 630: 625: 620: 615: 610: 605: 603:Communications 600: 599: 598: 588: 587: 586: 576: 571: 566: 561: 556: 551: 545: 542: 541: 538: 537: 534: 533: 528: 523: 518: 513: 508: 503: 498: 493: 488: 483: 481:Public finance 478: 476:Financial risk 473: 468: 463: 458: 453: 448: 443: 438: 433: 427: 424: 423: 420: 419: 416: 415: 410: 405: 403:Macroeconomics 400: 398:Microeconomics 395: 390: 388:Market economy 385: 380: 375: 370: 365: 360: 355: 350: 345: 340: 334: 329: 328: 325: 324: 321: 320: 311: 302: 297: 292: 283: 274: 268: 263: 262: 259: 258: 255: 254: 249: 244: 242:Insolvency law 239: 234: 229: 224: 219: 217:Commercial law 213: 208: 207: 204: 203: 200: 199: 194: 192:Advisory board 189: 184: 179: 173: 168: 167: 164: 163: 160: 159: 154: 149: 144: 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1658: 1656: 1653: 1652: 1648: 1646: 1643: 1636: 1634: 1632: 1627: 1625: 1621: 1613: 1608: 1606: 1603: 1599: 1594: 1591: 1586: 1581: 1579: 1575: 1567: 1565: 1561: 1559: 1555: 1547: 1545: 1539: 1535: 1531: 1528: 1527: 1526: 1523: 1521: 1520:process chain 1516: 1514: 1505: 1503: 1500: 1496: 1491: 1489: 1485: 1479: 1477: 1474:, Oracle and 1473: 1464: 1462: 1459: 1457: 1453: 1449: 1445: 1439: 1437: 1433: 1430: 1426: 1419: 1417: 1413: 1406: 1399: 1397: 1395: 1391: 1383: 1381: 1379: 1374: 1366: 1364: 1361: 1354: 1349: 1347: 1345: 1344:process owner 1337: 1334: 1331: 1328: 1325: 1322: 1319: 1316: 1313: 1310: 1307: 1304: 1303: 1302: 1297: 1292: 1289: 1286: 1279: 1274: 1271: 1267: 1263: 1260: 1255: 1250: 1244: 1242: 1240: 1236: 1232: 1231:Peter Drucker 1225:Peter Drucker 1224: 1222: 1220: 1216: 1215:United States 1212: 1208: 1204: 1196: 1194: 1192: 1191: 1185: 1183: 1179: 1173: 1168: 1166: 1163: 1159: 1155: 1147: 1142: 1140: 1138: 1134: 1130: 1121: 1119:organisation. 1117: 1114: 1113: 1112: 1106: 1102: 1098: 1094: 1090: 1087: 1083: 1080: 1077: 1076:core business 1073: 1072: 1071: 1068: 1061: 1059: 1057: 1052: 1047: 1043: 1039: 1035: 1023: 1018: 1016: 1011: 1009: 1004: 1003: 1001: 1000: 995: 990: 985: 984: 983: 982: 975: 972: 970: 967: 963: 960: 959: 958: 955: 953: 950: 948: 945: 943: 940: 938: 935: 933: 930: 928: 927:Business plan 925: 923: 920: 918: 915: 914: 911: 906: 905: 898: 895: 893: 890: 888: 885: 883: 880: 878: 875: 873: 870: 868: 865: 863: 860: 858: 857:Communication 855: 853: 850: 848: 845: 844: 838: 837: 830: 827: 825: 822: 818: 817:administrator 815: 814: 813: 810: 808: 805: 803: 800: 798: 795: 793: 790: 788: 785: 781: 778: 777: 775: 772: 770: 767: 765: 762: 760: 757: 755: 752: 750: 747: 745: 742: 740: 737: 735: 732: 730: 727: 725: 722: 718: 715: 714: 712: 709: 707: 704: 700: 699:administrator 697: 696: 695: 692: 690: 687: 685: 682: 680: 677: 675: 672: 668: 665: 664: 662: 659: 657: 654: 650: 647: 646: 644: 641: 639: 636: 634: 631: 629: 626: 624: 621: 619: 616: 614: 611: 609: 608:Configuration 606: 604: 601: 597: 594: 593: 592: 589: 585: 582: 581: 580: 577: 575: 572: 570: 567: 565: 562: 560: 557: 555: 552: 550: 547: 546: 540: 539: 532: 529: 527: 524: 522: 519: 517: 514: 512: 509: 507: 504: 502: 499: 497: 494: 492: 489: 487: 484: 482: 479: 477: 474: 472: 469: 467: 464: 462: 459: 457: 454: 452: 449: 447: 444: 442: 439: 437: 434: 432: 429: 428: 422: 421: 414: 411: 409: 406: 404: 401: 399: 396: 394: 391: 389: 386: 384: 381: 379: 376: 374: 371: 369: 366: 364: 363:Mixed economy 361: 359: 356: 354: 351: 349: 346: 344: 341: 339: 336: 335: 332: 327: 326: 319: 315: 312: 310: 306: 303: 301: 298: 296: 293: 291: 287: 284: 282: 278: 275: 273: 270: 269: 266: 261: 260: 253: 250: 248: 245: 243: 240: 238: 235: 233: 230: 228: 225: 223: 220: 218: 215: 214: 211: 210:Corporate law 206: 205: 198: 195: 193: 190: 188: 185: 183: 180: 178: 175: 174: 171: 166: 165: 158: 155: 153: 150: 148: 145: 143: 140: 138: 135: 133: 130: 128: 125: 123: 120: 118: 115: 113: 110: 108: 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Retrieved 2476: 2466: 2454:. Retrieved 2444: 2425: 2419: 2408:. Retrieved 2404: 2394: 2385: 2357: 2352:Creech, Bill 2346: 2337: 2311: 2305: 2295:, retrieved 2260: 2250: 2238:. Retrieved 2234: 2224: 2215: 2211: 2198: 2179: 2169: 2150: 2140: 2127: 2108: 2087: 2082: 2074: 2069: 2061: 2056: 2046: 2041: 2021: 2014: 1994: 1987: 1968: 1958: 1949: 1915: 1909: 1890: 1854: 1844: 1825: 1790: 1755: 1713: 1640: 1628: 1624:organization 1617: 1595: 1582: 1571: 1562: 1551: 1542: 1524: 1517: 1509: 1499:social media 1492: 1480: 1468: 1460: 1440: 1435: 1434: 1423: 1411: 1403: 1387: 1376: 1358: 1341: 1335: 1330:Embeddedness 1329: 1324:Value-adding 1323: 1317: 1311: 1306:Definability 1305: 1299: 1294: 1290: 1281: 1276: 1272: 1269: 1265: 1261: 1257: 1252: 1248: 1228: 1219:Gantt charts 1200: 1188: 1186: 1175: 1170: 1165:Encyclopédie 1151: 1125: 1110: 1069: 1065: 1041: 1037: 1033: 1031: 968: 847:Architecture 841:Organization 807:Supply chain 633:Earned value 506:Stock market 383:Open economy 373:Econometrics 112:Conglomerate 2483:23 February 2456:23 February 2218:(1): 72–81. 1631:departments 1538:ERP systems 1486:(BPMN) and 1285:value chain 1235:outsourcing 1101:call center 1097:recruitment 962:Trade route 877:Engineering 872:Development 724:Performance 667:development 628:Distributed 501:Liquidation 142:Partnership 127:Corporation 122:Cooperative 2676:Categories 2410:2023-08-22 2297:2013-10-20 2272:, p.  1686:References 1585:rejections 1564:policies. 1476:JD Edwards 1472:PeopleSoft 1432:wastage. 1154:Adam Smith 1148:Adam Smith 1093:accounting 829:Technology 711:Operations 591:Commercial 584:innovation 574:Capability 466:Derivative 55:Accounting 2617:Six Sigma 2477:Analytics 1596:Business 1452:Instagram 1162:Diderot's 1051:flowchart 897:Structure 882:Hierarchy 802:Strategic 689:Materials 679:Knowledge 656:Financial 596:Marketing 441:Factoring 436:Insurance 338:Commodity 331:Economics 2382:28508067 2364:New York 2354:(1994), 2334:27644834 2292:32394752 2258:(1995), 2240:9 August 1649:See also 1529:manually 1448:Facebook 1444:websites 1360:Workflow 1355:Workflow 1318:Customer 1137:workflow 1062:Overview 887:Patterns 867:Conflict 852:Behavior 792:Security 769:Resource 754:Property 717:services 674:Incident 613:Conflict 569:Capacity 272:Chairman 227:Contract 2626:Making 2339:across. 1574:reports 1456:Twitter 1143:History 862:Culture 812:Systems 797:Service 776:  764:Records 759:Quality 749:Project 744:Product 734:Process 713:  694:Network 663:  645:  618:Content 425:Finance 107:Company 2630:Happen 2593:  2560:  2535:  2510:  2432:  2405:Forbes 2380:  2370:  2332:  2322:  2290:  2280:  2235:Forbes 2186:  2157:  2115:  2029:  2002:  1975:  1922:  1897:  1861:  1832:  1798:  1762:  1720:  1602:M.I.S. 1454:, and 1190:per se 824:Talent 780:crisis 706:Office 579:Change 2208:(PDF) 1312:Order 1131:is a 1046:tasks 1040:, or 910:Trade 892:Space 787:Sales 729:Power 684:Legal 554:Brand 549:Asset 72:Audit 2591:ISBN 2558:ISBN 2533:ISBN 2508:ISBN 2485:2018 2458:2018 2430:ISBN 2378:OCLC 2368:ISBN 2330:OCLC 2320:ISBN 2288:OCLC 2278:ISBN 2242:2021 2184:ISBN 2155:ISBN 2113:ISBN 2027:ISBN 2000:ISBN 1973:ISBN 1920:ISBN 1895:ISBN 1859:ISBN 1830:ISBN 1796:ISBN 1760:ISBN 1718:ISBN 1618:The 774:Risk 89:list 2583:doi 2274:596 1158:pin 516:Tax 2678:: 2589:. 2502:. 2475:. 2403:. 2384:, 2376:, 2362:, 2336:, 2328:, 2314:, 2286:, 2276:, 2268:: 2264:, 2233:. 2214:. 2210:. 2149:. 2107:. 2095:^ 1948:. 1934:^ 1918:. 1873:^ 1810:^ 1774:^ 1754:. 1732:^ 1712:. 1694:^ 1450:, 1221:. 1103:, 1099:, 1095:, 1058:. 1036:, 1032:A 2599:. 2585:: 2566:. 2541:. 2516:. 2487:. 2460:. 2438:. 2413:. 2244:. 2216:1 2192:. 2163:. 2121:. 2035:. 2008:. 1981:. 1928:. 1903:. 1867:. 1838:. 1804:. 1768:. 1726:. 1021:e 1014:t 1007:v 316:/ 307:/ 288:/ 279:/ 91:) 87:( 31:. 20:)

Index

Business Engineering
Business strategy
Business administration
Accounting
Management accounting
Financial accounting
Audit
Business entity
list
Corporate group
Corporation sole
Company
Conglomerate
Holding company
Cooperative
Corporation
Joint-stock company
Limited liability company
Partnership
Privately held company
Sole proprietorship
State-owned enterprise
Corporate governance
Annual general meeting
Board of directors
Supervisory board
Advisory board
Audit committee
Corporate law
Commercial law

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