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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What are Process Types?
What are Process Types?  

What are Process Types?


Process Types refer to the variety of processes classified by functions and goals. Process types define a framework for describing processes and explaining their nature to promote a common language of effective process management and provide a roadmap for process identification, evaluation, fulfillment and control.

There are four basic types of processes. These types are:

  • Strategic. A strategic process clearly defines high-level objectives and assesses both internal and external situations to formulate a strategy, implement this strategy, evaluate implementation progress, and make adjustments as necessary to stay on track.
  • Tactical. A tactical process identifies means by which a strategy is carried out and determines planned and ad-hoc activities meant to deal with demands of the current environment and move from one milestone to other in pursuit of strategic objectives.
  • Management. A management process is intended to plan, control and measure performance of tactical processes in order to ensure successful completion of the processes, in line with strategic objectives.
  • Operating. An operating process defines a set of procedures to deal with challenges of a given situation in order to achieve a desired result that supports tactical decisions.

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