The official business definition of a Process Improvement Approach is a structured way of evaluating, planning, and implementing changes to existing business practices, processes, or products in order to improve their effectiveness and efficiency. This approach relies on identifying and measuring existing performance levels, analyzing and predicting their results, and then implementing changes based on the analysis and predictions in order to reach desired performance levels. This approach is often used to reduce costs, increase productivity, and improve customer service. It is also used to identify areas of inefficiency and to target these areas for improvement. The Process Improvement Approach is an effective way to improve organizational performance and increase profitability. By analyzing current processes, organizations can identify areas of improvement and target these areas for change. This approach can involve analyzing existing processes, establishing goals, and then making changes that will lead to the desired performance levels. Additionally, it involves monitoring the results of the changes.