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, importance, process and/or chain:

    “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)

    “One’s condition on marijuana is always existential. One can feel the importance of each moment and how it is changing one. One feels one’s being, one becomes aware of the enormous apparatus of nothingness—the hum of a hi-fi set, the emptiness of a pointless interruption, one becomes aware of the war between each of us, how the nothingness in each of us seeks to attack the being of others, how our being in turn is attacked by the nothingness in others.”
    —Norman Mailer (b. 1923)

    “... in the working class, the process of building a family, of making a living for it, of nurturing and maintaining the individuals in it “costs worlds of pain.””
    —Lillian Breslow Rubin (b. 1924)

    “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)