Business Process Improvement

A methodology for focused change in a business process achieved by analyzing the AS-IS process using flowcharts and other tools, then developing a streamlined TO-BE process in which automation may be added to result in a process that is better, faster, and cheaper. BPI aims at cost reductions of 10-40%, with moderate risk.

from http://www.balancedscorecard.org/bkgd/definitions.html

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Copyright © 2004-06 by D. J. Power (see his home page). PlanningSkills.COM^sm is maintained by Alexander P. and Daniel J. Power. Please contact them at webmaster@dssresources.com with questions. See disclaimer and privacy statement. This page was last modified on Tuesday, June 26, 2007.