Risk Management
What is Risk Management? Risk management is the process of identifying, monitoring and managing potential risks. The primary aim of risk management is to minimise or negate unfavourable […]
What is Risk Management? Risk management is the process of identifying, monitoring and managing potential risks. The primary aim of risk management is to minimise or negate unfavourable […]
What is an A3 Report? An A3 Report is a tool used for solving problems in your business processes. As the name suggests it is a […]
What is Pareto Priority Index? The Pareto Priority Index is a formula for calculating the costs and benefits of a project. The index is about selecting […]
What is 5S Methodology? 5S is a workplace organisation method that comes from the Toyota Production System. This methodology is about keeping the workplace tidy […]
What is Business Process Outsourcing (BPO)? BPO is the discipline of outsourcing entire business processes to external vendors. Initially, BPO was for the most part […]
What is Process Hierarchy? Often referred to as process architecture, a process hierarchy organises your processes around your organisational goal. A process hierarchy is a […]
What is Process Improvement? Business Process improvement is the act of aiming to find, analyse and act on methods for improvement in a business. Process […]
Business Process Optimisation Business process optimisation is the act of incrementally changing business processes with the aim of improving effectiveness and efficiency. Firstly, what is […]
What is Workflow Management System? Workflow management systems provide a platform for workflow management and process automation. A workflow management system is a digital tool […]
What is Business Process Transformation? Business process transformation is an umbrella term that describes the act of radically changing the series of actions required to […]