Discussion: Process Flow AnalysisHave you ever encountered a processthat had too many steps or was overly complicated? Perhaps you examined theprocess and looked for areas where you could remove steps or simplify its flow.If you did, you were conducting a process flow analysis. Process analysis is animportant step in determining the financial well-being of an organization andpinpointing areas where changes could help improve the bottom line. In thisAssignment, you will create a process flow analysis (also known as workflowdiagramming) for an activity in your own organization (or one with which youare familiar).To prepare:Review the information in the Learning Resources(including the Media) for this week dealing with how to perform a processflow analysis.Identify a process that is completed on a consistentbasis in your organization (or one with which you are familiar). Examplesof a process include such things as how a patient is moved through thesystem, or what must occur to prepare an examination room or hospital roomfor the next patient.Create a simple flow analysis map detailing the processusing Microsoft Word using one of the methods below:Select SmartArt from the Insert menuand select a diagram that matches the flowchart structure you would liketo use.Select Shapes from theInsert menuand select the shape that matches the flowchart piece you would like touse. Continue inserting shapes and connect them using the arrow shapes.Reflect on the ease or difficulty of obtaining thenecessary information to create your flow analysis map.Identify “white space” as defined in the article,“Hospital Operating System: Unleashing Throughput Potential” found in theLearning Resources for this week.Determine strategies for improving the process flow.Reflect on the role of the process flow analysis infinancial decision making and how it can have positive impacts on theprocess. Attach your Flow Analysis Map to yourDiscussion post.Describe the process you analyzedand how you went about gathering the necessary information to create your flowanalysis map. Identify specific areas of white space that need to be addressedand propose strategies for improving the process. Analyze how process flowanalysis can be a useful tool in financial decision making and theramifications of not using it. Be sure and include your flow analysis map whenyou turn in your paper.Reminder: This Discussion assignment serves as your PortfolioAssignment for this course. Be sure to save this Discussion Assignment on bothyour hard drive and on an external drive.ByDay 3Describe the process you analyzed and how you went about gatheringthe necessary information to create your flow analysis map. Identify specificareas of white space and propose strategies for improving the process. Analyzehow process flow analysis can be a useful tool in financial decision making andthe ramifications of not using it. Be sure and include your flow analysis mapas part of your post.
