Transcription of Course17:Process Improvement - exinfm
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Course17:Process Improvement - exinfm
Excellence in Financial Management Course 17: process Improvement Prepared by: Matt H. Evans, CPA, CMA, CFM. This course provides an overall understanding of how to improve processes. This course is recommended for 2. hours of Continuing Professional you are seeking credit for taking this course, then you need to download and use the exe file version of this course files and supplemental materials are posted on the internet at Chapter 1. Some Good Starting Points Everything everyone does within an organization is part of a process . So invariably if you want to improve what the organization does, then you have to focus on improving the process . By putting your emphasis on the process , you avoid the typical trap that so many business leaders seem to fall prey to looking to cut costs, they focus on trimming payrolls or pushing people to do more with less.
4 A process is a series of activities, often repeated over and over with the basic flow of transforming inputs into outputs. The basic premise can be depicted as follows:
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