Importance Of Business Process

Importance of business process

Introduction

Process is a set of collected activities covering one or more types of inputs in order to create an output which is of value to customers, this is referred to an ordering service across place and time, from the beginning to the end with a specified input and output detailed. Also experts define this to be a collection of related structured task that produce a specific product for customers.

Importance of business process

A business process goes across the organization when starting any process, firstly setting the targets to your goal, getting the price right, closing the deal, getting the invoice right and paid on time. Business process holds it all together like glue between assets, it is a comprehensive systematic approach to achieve the best and most effective use, leading to a business outcome. It is able to put in order the function in a business with the demand of customers which helps to know how to deploy, monitors and measures the resource of a company. This has the ability for gaining efficiency enhancement, cost reduction, controls risk management. This also has the ability to control and provide visibility of an organization success to the satisfaction of their customers.

Steps in a Business Process

A business process flows in a linear sequence. It needs direction and a fixed route in order to arrive at a specified destination. Below are certain steps that are universally common to all business processes. Defining Your Goals, Planning and Mapping Your Process, Setting Actions and Assigning Stakeholders, Testing the Process, Implementing the Process, Monitoring the Results and repeating the process.

Why are business process needed

A process forms the lifeline for any business and helps it streamline individual activities and make sure that resources are put to their optimum use. It is important to improve the efficiency of the company to ensure the business process goes according to plan. (Chris martin, 2012) If employee and change management strategies are implemented there is a possibility to source regular improvements to any process to those who carry it out more often. To ensure a business is truly process driven, a business must follow the three key step which are:

• Document all current processes.
• Provide a managed platform for employees to develop process improvements and submit suggestions to a central implementation team.
• Create a dedicated business analysis function with a mandate and the equipment to improve processes within the organisation.

Conclusion

This is standardized to accomplish request of customers and has internal and external users. In order to accomplish this measure what matters to customers, monitor performance to key business processes and assign accountability for process improvement. Which goes across organization’s based on task and completely modelled.