PRESENTED BY DEWAN V. S. GROUP OF INSTITUTIONS INDIA 1
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BUSINESS PROCESS
BUSINESS PROCESS
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ASSESS
An important aspect of successful business development is to follow a process of how you will assess a business idea or concept (project), decide whether to move forward with the project and build a business if it is decided to move forward.
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MODEL
Business process modeling in business process management and systems engineering is the activity of representing processes of an enterprise, so that the current process may be analyzed, improved, and automated.
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EXECUTE
Business process execution is broadly about enacting a discovered and modeled business process.
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ANALYZE
A Business Process Model is a commonly used business analysis technique that captures how a business process works and how individuals from different groups work together to achieve business goal.
IMPROVE
Business Process Improvement (BPI) is an approach designed to help organizations redesign their existing business operation s to accomplish significant improvement in production.
A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product for a particular customer or customers. 2
BUSINESS PROCESS
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STRATEGY Business (or Strategic) management is the art, science, and craft of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its longterm objectives.
MODEL
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BUSINESS MODEL
EXECUTION
A business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The process of business model construction is part of business strategy.
a strategy is nothing more than a plan – and a plan, without execution, is useless. The market only rewards those ideas that get implemented and Execution is the single greatest market differentiator.
Business Process Improvement (BPI) is an approach designed to help organizations redesign their existing business operations to accomplish significant improvement in production. 3
BUSINESS PROCESS
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COSTS
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The cost of something is the amount of money that is needed in order to buy, do, or make it. 8 2
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PRODUCTS
REVENUE
COMPETENCIES
SERVICES
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DISTRIBUTION
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MANAGEMENT
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A valuable action, deed, or effort performed to satisfy a need or to fulfill a demand. BUSINESS MODEL
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Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. 4
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A customer is a person or company who purchases goods and services. A customer becomes a consumer when he or she uses the goods or services.
A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. 3
CUSTOMERS
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Distribution is the process of making a product or service available for the consumer or business user that needs it.. 4
Business competencies are skills that allow for success in the world of business. 5
Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy.
A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product for a particular customer or customers. 4
BUSINESS PROCESS 75% MATERIALS
EXECUTE
90% TRAINING
65% ROLL OUT
Business process execution is broadly about enacting a discovered and modeled business process.
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BUSINESS PROCESS
REFRESH A fresh brand will reflect a fresh, current and up-to-date image of a company. This is reassuring to its existing customers and attractive to new one.
IDEA
REFINE Stubbornly hewing to a long-term plan that isn’t working could doom your company. So regularly revise assumptions and growth projections based on real world results.
INNOVATION
A business idea is a concept that can be used for financial gain that is usually centered on a product or service that can be offered for money.
Innovation generally refers to changing processes or creating more effective processes, products and ideas.
ANALYZE A Business Process Model is a commonly used business analysis technique that captures how a business process works and how individuals from different groups work together to achieve business goal. 6
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