The Business Process Cycle is a fundamental concept in business that describes the stages of a process from start to finish. It is a useful tool for understanding how a business operates and how different departments and processes interact
The cycle begins with the identification of a need or opportunity, which leads to the development of a plan to address it. This plan is then implemented, and the results are monitored and evaluated. If necessary, the plan is adjusted to ensure that the desired outcome is achieved. Finally, the process is completed and the results are documented and shared with stakeholders.
By understanding the Business Process Cycle, businesses can identify areas of improvement and ensure that their processes are efficient and effective.