Workflow

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Dictionary Says

Definition of 'Workflow'

A series of tasks to produce a desired outcome, usually involving multiple participants and several stages in an organization. Workflow describes the sequential steps that comprise a work process in the business environment. In its most comprehensive form, workflow includes the procedures, people and tools involved in each step of a business process. Workflow may either be sequential, with each step contingent upon completion of the previous one, or parallel, with multiple steps occurring simultaneously.

Investopedia Says

Investopedia explains 'Workflow'

A number of workflow improvement theories have been advanced since the concept was first propounded. These include Six Sigma and total quality management, which have been embraced by organizations around the world.

For example, the manufacturing of a car through various stages on the design, shop floor assembly, to quality verification. Workflow could also include the processing of loan applications by a bank or insurance claims by an insurer, and the editing and production processes at a daily newspaper.

Search results for

'Workflow'

  • 9 Businesses That Thrive In Recession - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/9-Businesses-That-Thrive-In-Recession.aspx
    ... Financial advisors often see an increase in workflow as people become more concerned
    about the stability of their investments and seek guidance on how to ...
  • Five Traits Of A Great SPAC

    http://stocks.investopedia.com/stock-analysis/2008/Five_Traits_Of_A_Great_SPAC_EST_TOH_BX.aspx
    ... Get Free Stock Analysis By Email. Two deals include Enterprise Acquisition
    (AMEX:EST) buying Workflow Management, a commercial printer, for $669 million and ...
  • Is Eastman Kodak A Value Trap?

    http://stocks.investopedia.com/stock-analysis/2011/Is-Eastman-Kodak-A-Value-Trap-EK0208.aspx
    ... Core Digital Eastman Kodak is basing a return to profitability on the Consumer and
    Commercial Inkjet, Workflow Software & Services, and Packaging Solutions ...

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