June 2015
Intermediate to advanced
444 pages
11h 15m
English
Let's now look at the broader picture of business process management, which includes business process modeling. It is, however, much more than just modeling. It is about achieving the highest level of efficiency in terms of time and cost in performing any business activity. This has been the guiding principle of successful businesses for a long time. In 1911, Frederick Winslow Taylor, the father of scientific management, published the following four principles of scientific management:
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