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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 is Process Streamlining
What is Process Streamlining  

What is Process Streamlining


Process Streamlining is an attempt to improve the efficiency of a certain process through simplifying or eliminating unnecessary procedures and steps involved in this process. It is an improvement approach that determines process efficiency through optimizing qualitative (complexity, adaptability, quality, etc.) and quantitative (duration, cost, output, etc.) parameters of the process.

Streamlining involves a range of activities that aim to analyze, revise, and improve a process. These activities are:

  • Map the process: creating an activity flow diagram that shows the process’s content in detail
  • Define process steps: adding arrows to the diagram to depict individual steps and determine how they relate to each other
  • Identify areas for improvement: analyzing process steps and their dependencies to find redundant steps or places when the process can be automated or reduced
  • Apply improvements: removing redundant steps and automating the process to create a new design of the process
  • Calculate process efficiency: performing calculations on qualitative and quantitative parameters of the process to figure out of the new design is efficient.

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