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  2. List of business terms - Wikipedia

    en.wikipedia.org/wiki/List_of_business_terms

    Productive or successful in a short time [1] Moving forward Making progress on an idea or scheme Move the goal posts Change the criteria for success [1] Pick the low-hanging fruit Go (initially) for the easiest options [1] Power to the elbow Get additional backup information to make your case stronger Pull the plug

  3. Business process - Wikipedia

    en.wikipedia.org/wiki/Business_process

    A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels ...

  4. Control-flow diagram - Wikipedia

    en.wikipedia.org/wiki/Control-flow_diagram

    Example of a "performance seeking" control-flow diagram. [1] A control-flow diagram (CFD) is a diagram to describe the control flow of a business process, process or review. Control-flow diagrams were developed in the 1950s, and are widely used in multiple engineering disciplines.

  5. Artifact-centric business process model - Wikipedia

    en.wikipedia.org/wiki/Artifact-centric_business...

    Artifact-centric business process model represents an operational model of business processes in which the changes and evolution of business data, or business entities, are considered as the main driver of the processes. The artifact-centric approach, a kind of data-centric business process modeling, focuses on describing how business data is ...

  6. Business process management - Wikipedia

    en.wikipedia.org/wiki/Business_process_management

    The Workflow Management Coalition, [6] BPM.com [7] and several other sources [8] use the following definition: Business process management (BPM) is a discipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers and partners within and beyond the ...

  7. Continual improvement process - Wikipedia

    en.wikipedia.org/wiki/Continual_improvement_process

    Some see continual improvement processes as a meta-process for most management systems (such as business process management, quality management, project management, and program management). [3] W. Edwards Deming , a pioneer of the field, saw it as part of the 'system' whereby feedback from the process and customer were evaluated against ...

  8. Change management - Wikipedia

    en.wikipedia.org/wiki/Change_management

    The process became known as Work-Out, which was similar in concept to Quality Circles that were made popular by Japanese companies in the 1980s. “In small teams, people challenge prevailing assumptions about ‘the way we've always done things’ and come up with recommendations for dramatic improvements in organizational processes.

  9. Process-based management - Wikipedia

    en.wikipedia.org/wiki/Process-based_management

    The general management system focuses on specific work-knowledge and direct solutions for cost and budget; on the other hand, process based management applies these financial measurements but in an operational way considering how each performance affects the company as an amalgam of different processes. As a result of recent advances in ...