Difference between revisions of "Business Optimization"
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Revision as of 21:43, 29 March 2021
Business Optimization is the process of identifying and implementing new methods that make the business more efficient and cost effective. Key elements of business optimization include:
- Measurement of productivity, efficiency and performance
- Identifying areas for improvement
- Introducing new methods and processes
- Measuring and comparing results
- Repeating the cycle[1]
- ↑ Defining Business Optimization Riverlogic