Business performance improvement process
Performance improvement is the process of measuring the results of a process and analyzing its results, then modifying the process in such a manner that a better result is achieved by the process. Business performance improvement is the concept of continuously thriving to find a method to improve the business. Business performance improvement process is actually a cycle of steps which involves planning where the goal that needs to be achieved is determined, coaching where the higher authority gives feedback about the process and appraisal where individual performance is analyzed and documented. Business performance improvement process thrives to improve the company to stay alive in the competition.