|
BUSINESS MANAGEMENT
Management comprises directing and controlling a group of one or more people or
entities for the purpose of coordinating and harmonizing that group towards
accomplishing a goal. Management often encompasses the deployment and
manipulation of human resources, financial resources, technological resources,
and natural resources. Management can also refer to the person or people who
perform the act(s) of management.
Business Process Management (BPM) is a field of knowledge at the intersection
between management and information technology, encompassing methods, techniques
and tools to design, enact, control, and analyze operational business processes
involving humans, organizations, applications, documents and other sources of
information.[1] The term 'operational business processes' refers to repetitive
business processes performed by organizations in the context of their day-to-day
operations, as opposed to strategic decision-making processes which are
performed by the top-level management of an organization. BPM differs from
business process reengineering, a management approach popular in the 1990s, in
that it does not aim at one-off revolutionary changes to business processes, but
at their continuous evolution. In addition, BPM usually combines management
methods with information technology.
BPM covers activities performed by organizations to manage and, if necessary, to
improve their business processes. While such a goal is hardly new, software
tools called business process management systems (BPM systems) have made such
activities faster and cheaper. BPM systems monitor the execution of the business
processes so that managers can analyze and change processes in response to data,
rather than just a hunch.Learn BUSINESS MANAGEMENT, SCHOOLS BUSINESS MANAGEMENT,
COLLEGES BUSINESS MANAGEMENT, INSTITUTES BUSINESS MANAGEMENT Coaching BUSINESS
MANAGEMENT, Masters BUSINESS MANAGEMENT, Doctorate BUSINESS MANAGEMENT,
Postgraduate BUSINESS MANAGEMENT, BUSINESS MANAGEMENT, University BUSINESS
MANAGEMENT, Scholarships BUSINESS MANAGEMENT, Programme BUSINESS MANAGEMENT, Phd
BUSINESS MANAGEMENT, Jobs BUSINESS MANAGEMENT, Work BUSINESS MANAGEMENT, Careers
BUSINESS MANAGEMENT, Information BUSINESS MANAGEMENT, Information BUSINESS
MANAGEMENT, Courses BUSINESS MANAGEMENT, Guidance BUSINESS MANAGEMENT, Graduate
BUSINESS MANAGEMENT, Higher Studies in BUSINESS MANAGEMENT. |
