What is Business Process? A business process is a series of steps carried out by a group of stakeholders to achieve a concrete goal. Business Process Management, Process Automation, etc. It is the basic building block for many related ideas as well.
What is Business Process?
It is hard to find a clear answer to the question, “What exactly is a business process?”, Even if it is part of what is said and said about business process management .
Let’s open it even more.
The Importance of Business Processes
The needs and advantages of a business process are quite evident in large organizations. A process creates a life line for any job and helps to put individual activities into action and ensures that resources are used in the most appropriate way.
Some of the main reasons for having well-defined business processes are:
- Determine which tasks are important for your larger business goals
- Arrange them to improve efficiency
- Facilitate communication between people / functions / departments to fulfill specific tasks
- Set up a hierarchy where appropriate to ensure accountability and optimal use of resources
- Prevent the leak of your rusty daily operations.
- Standardize a set of procedures to complete tasks that are really important to your business
Steps in a Business Process
A business process flows on a linear system. It needs a direction and a constant route to reach a specified destination.
A sales process can look very different from a finance process, but there are certain steps that are universally common across all business processes.
Step 1: Define Your Goals
What is the purpose of the process? Why was it created? How will you know if you are successful?
Step 2: Plan Your Process and Map
What are the strategies to achieve the objectives? A broad roadmap for this process.
Step 3: Set up Actions and Assign Stakeholders
Describe the individual tasks that your teams and machines must perform to carry out your plan.
Step 4: Test Operation
Run the process on a small scale to see how it works. Watch out for gaps and make adjustments.
Step 5: Implement the Process
Start running the process in a live environment. Communicate and educate all stakeholders in the right way.
Step 6: Track results
Monitor the process and analyze the patterns. Document the process history.
Step 7: Repeat
If the process can reach the specified targets, multiply it for future processes.