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Process Management
Process management, also known as business process management (BPM), is a long-term management strategy for aligning business processes with business strategic goals. Process management's goal is to increase the internal coordination of separate business functions.
What Small and Midsize Businesses Need to Know About Process Management
Process management is essential for businesses of all sizes for maximum efficiency in conducting business operations. All businesses involve processes, whether simple or multistep, local or global. SMBs can benefit from process management to streamline and properly align business operations with business goals.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business
