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What is a business process?
A series of interconnected activities or tasks that collectively achieve a specific organizational goal by taking an input, adding value to it, and providing an output to an internal or external customer.
What are the 3 values of business process?
Consistency, Efficiency, and Scalability.
Consistency
Standardized processes ensure uniformity in operations, leading to predictable and reliable outcomes
Efficiency
Streamlined procedures reduce waste and optimize resource utilization, enhancing productivity.
Scalability
Established processes facilitate growth by providing a framework that can be expanded or adapted as the organization evolves
Characteristics of a good process
Goal-oriented with good intentions, reproducible results, and measurable outcomes.
Fill in the blank: A business process is an activity or group of activities that takes an ______, adds ____ to it, and provides an _______ to an __________ customer.
input, value, out, internal or external
Common reasons business processes fail
Process was never good
Process used to be good
Process had limitations
Process was never good
Poor goals and/or poor priorities
Misalignment of goals and actions
Unreasonable expectations
Process used to be good
Poor or no training
Miscommunication
Market evolution
Process had limitations
Demand is too high
Human resource challenges
Fill in the blank: The __________ Theory suggests that sometimes processes are insufficient, and urgent demands can hinder improvement efforts.
Cow Path.
What does it mean for a process to be scalable?
Established processes facilitate growth by providing a framework that can be expanded or adapted as the organization evolves.