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A business function is an organizational unit of a business with a specific set of responsibilities and activities that it executes to help the business carry out its overall objectives and processes.Business process management is a strategy that organizations employ to oversee their business processes to ensure they are operating smoothly.Business process management activities include steps like business process modeling, execution, monitoring and optimization.
Davenport defined the business process as a set of logically related tasks performed to achieve a defined business outcome.
According to Davenport, processes make up the structure that helps organizations complete the tasks required to produce value for its customers.
A business process is an activity or set of activities that can accomplish a specific organizational goal.
Business processes should have purposeful goals, be as specific as possible and have consistent outcomes.
It helps management teams determine whether their processes are aligned with key business objectives and goals, and whether the accompanying procedures that help make a process successful are operating accurately.
Business process monitoring can also help improve business process visibility by helping to identify possible problems.Managing the vendors you've hired to deliver IT services to the business goes beyond procurement and standard IT contract negotiations.Learn 4 best practices for maximizing service delivery from experts and 5 key steps for developing ITSM SLAs that work in an environment with multiple service providers.He is credited with transforming the workplace with his ideas on organizing work, task fragmentation and job measurement.Drucker -- described as the father of modern management -- focused on the simplification and decentralization of processes and introduced the concept of outsourcing.While a business process is a series of related tasks that result in the desired output, a business procedure is a clearly stipulated way of undertaking a business process.A business procedure details teams and the people responsible for each part of the process, as well as the specifications applicable to each of these parts.Business process improvement (BPI) is a management exercise in which enterprise leaders use various methodologies to analyze their procedures to identify areas where they can improve accuracy, effectiveness and/or efficiency and then redesign those processes to realize the improvements.Business process improvement, or BPI, works by identifying the operations or employee skills that could be improved to encourage smoother procedures, more efficient workflow and overall business growth.This process can also be referred to as functional process improvement.Enterprises use BPI to find ways to reduce the time it takes to complete processes, to eliminate waste and friction in those processes, and/or improve the quality of the products or services that are produced through these processes.