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:

    “Think of the importance of Friendship in the education of men.... It will make a man honest; it will make him a hero; it will make him a saint. It is the state of the just dealing with the just, the magnanimous with the magnanimous, the sincere with the sincere, man with man.”
    —Henry David Thoreau (1817–1862)

    “Shall we then judge a country by the majority, or by the minority? By the minority, surely. ‘Tis pedantry to estimate nations by the census, or by square miles of land, or other than by their importance to the mind of the time.”
    —Ralph Waldo Emerson (1803–1882)

    “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)

    “From Nature’s chain whatever link you strike,
    Tenth or ten thousandth, breaks the chain alike.”
    —Alexander Pope (1688–1744)