Business Process - Importance of The Process Chain

Importance of The Process Chain

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 sent to other business processes, other organizational units, or internal or external stakeholders.

Business processes are designed to be operated by one or more business functional units, and emphasize the importance of the “process chain” rather than the individual units.

In general, the various tasks of a business process can be performed in one of two ways – 1) manually and 2) by means of business data processing systems such as ERP systems. 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.

Read more about this topic:  Business Process

Famous quotes containing the words importance of the, importance of, importance, process and/or chain:

    Society is the stage on which manners are shown; novels are the literature. Novels are the journal or record of manners; and the new importance of these books derives from the fact, that the novelist begins to penetrate the surface, and treat this part of life more worthily.
    Ralph Waldo Emerson (1803–1882)

    The importance of its hat to a form becomes
    More definite. The sweeping brim of the hat
    Makes of the form Most Merciful Capitan,
    If the observer says so....
    Wallace Stevens (1879–1955)

    Any novel of importance has a purpose. If only the “purpose” be large enough, and not at outs with the passional inspiration.
    —D.H. (David Herbert)

    Any balance we achieve between adult and parental identities, between children’s and our own needs, works only for a time—because, as one father says, “It’s a new ball game just about every week.” So we are always in the process of learning to be parents.
    Joan Sheingold Ditzion, Dennie, and Palmer Wolf. Ourselves and Our Children, by Boston Women’s Health Book Collective, ch. 2 (1978)

    Man ... cannot learn to forget, but hangs on the past: however far or fast he runs, that chain runs with him.
    Friedrich Nietzsche (1844–1900)