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Business Optimization

Revision as of 21:10, 28 February 2024 by User (talk | contribs)

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]
  1. Defining Business Optimization Riverlogic