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What is a task? and how to get more of them done

business task definition

While the word “task” might bring about feelings of despair related to chores or undesirable actions, this is usually related more so to the way you have to manage your time than the task itself.

In this article, we’ll do a deep dive into tasks, show you the best ways to break down larger projects into them, while covering efficient approaches to manage and distribute tasks.

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What is a task in a project?

In project management, a task is a work item or activity with a specific purpose related to the larger goal. It’s a necessary step on the road towards project completion.

For example, it could be something as complex as a mobile app bug fix.

monday task example

Or it could be something as simple as photocopying the latest brochure for distribution.

Single tasks are typically assigned to a single person or team, while the larger project could be a company-wide endeavor.

The task may or may not include a start and end date or a series of subtasks—this all depends on the complexity of the project at hand, which could be related to industry.

How do you break down a project into smaller tasks?

Even long term Scrum projects that last  11.6 weeks   on average make use of task management to get their work done efficiently and effectively.

Part of task management includes creating manageable workloads, considering task dependencies, and of course, communicating across teams to avoid double work or roadblocks.

To avoid these issues, you need some way to break down the high-level project deliverables and goals into tangible tasks.

In the next section, we’ll show you two of the most popular methodologies, Waterfall, and Scrum.

Work Breakdown Structure

The work breakdown structure (WBS) is the official method of breaking down projects in the PMI Guidebook.

To figure out how to break the entire project into tasks, you first need to divide it into the actual deliverables required to hand over the final product or result to the client.

For example, if you’re planning to make a mountain bike, you can break that down into the frame, handlebars, pedals, wheels, chains, and so on.

Example diagram of a WBS for a mountain bike

( Image Source )

You also need to work out the dependencies of the project (aka which deliverables require another one for completion).

If we were to simplify the WBS, the section on manufacturing the bike frame might look something like this.

Project WBS plan example in monday UI.

Of course, each item contains multiple tasks such as sourcing vendors, reviewing designs, picking materials, and more.

But if you assign these tasks to teams who have the necessary skills to complete all of them, that’s what the top-level plan might look like.

If you use an Agile framework, like Scrum, you won’t bother breaking down the entire project into detailed tasks at an early stage. Avoiding this large-scale exercise in prediction is one of the primary principles of Agile.

Instead, you’ll focus on planning out a deliverable increment of your product in Scrum sprints . These are 2–4 week periods of focused work dedicated to delivering a working product version of the final deliverable.

The basis for planning out these iterations is a backlog of features or user stories (functionality from the user’s perspective). You may also have a product roadmap to outline the long-term product direction as well.

Product backlog example in monday UI.

The product backlog is continually pruned and optimized before, during, and after sprints. Even if you’re not planning software projects, you can often single out elements that you can deliver in increments.

Before each Sprint, you meet with your team and stakeholders (invested parties) to discuss which user stories are the most important. You select a few items and create a dedicated sprint backlog.

Each user story is then further divided into tasks, and team members take ownership of the specific tasks they can handle.

It’s not ideal for all organizations or projects, but it’s an antidote against micromanagement in complex projects.

What size should a project task be?

So how granular should you get? What should the scope and length of the task in your project be?

It depends on the size of your project and your PM framework, but here are some rules of thumb.

The 8/80 rule for WBS

In traditional project management, a rule of thumb is that no task should be shorter than 8 hours or longer than 80 hours in the WBS.

That’s why the PMI recommends keeping tasks between 20–80 hours in the WBS.

Your individual teams can then have more granular task boards to manage their own to-do lists and/or break 2-week tasks down into daily sub-tasks.

Task length in Scrum

While user stories generally have no specified length, they’re often broken down into manageable chunks, usually one workday or less.

The official Scrum Guide doesn’t use the word tasks, but instead uses the term work unit:

“ Work planned for the first days of the Sprint by the Development Team is decomposed by the end of this meeting, often to units of one day or less. ”

On a Scrum board , you can use story points (at monday.com, we equate 1 SP to a workday) to estimate the length of the task.

Scrum board example in monday UI.

Tasks shouldn’t require more than one resource

When you break down deliverables into individual tasks, time isn’t the only consideration. The best approach is to make sure the person (or resource) who’s assigned the task can complete it from start to finish.

For example, a graphic designer could create a wireframe for an app, but wouldn’t be able to create a working prototype.

So you should split the larger deliverable of a working feature prototype into wireframe/design and development (at the very least).

For larger companies, a resource could be an entire team that includes designers, developers, and software testers. In which case, you don’t have to get as granular when planning and assigning tasks.

Accurately estimating task durations

The best way to predict the duration of tasks is to involve the actual resources who will handle the task in the planning process.

You don’t need to switch to Agile or Scrum to make this happen. You just need to involve the actual project implementers in the planning process, not just management.

Not only can they help with task durations, but they can also help with dependencies and expecting potential bottlenecks.

What is the best way to organize project tasks?

There are hundreds of different frameworks and methods for managing projects and breaking them down into tasks.

A few stand out because of their efficiency and ease of adoption and have become popular as a result.

Graph showing the usage of different project management methodologies.

Let’s take a closer look at these industry-leading options.

Waterfall refers to the traditional “predictive” project management approach. It’s called predictive because you plan every phase of the project from start to finish before even getting started.

The reason it’s called waterfall is that the projects are planned to follow a sequential order.

Diagram of the waterfall project management model.

First, you start out by figuring out the requirements of the project. What deliverables do you need to deliver a finished product?

Then you move on to designing and creating (implementing) it. Finally, you verify that the product works as intended, and launch it. The last stage includes the long-term maintenance of the product.

While berating waterfall is a popular pastime among younger management professionals, it has its place.

For physical products with a lot of dependencies and high costs associated with actual production time, mapping out the entire project in detail can be the best approach.

Instead of a specific methodology, Agile outlines a core set of values and principles to apply to your projects. As a result, Agile is an umbrella term that covers many different methodologies and frameworks .

The most famous principle is to deliver working iterations of your project frequently. That’s in contrast to planning out an entire product from start to finish like with waterfall.

Lean, like Agile, is not a specific framework that details a project management approach. Instead, it refers to a management philosophy with a core set of principles.

The focus of Lean is eliminating waste in processes throughout each stage of production. The execution is what controls the outcome, after all.

Fixing bottlenecks between departments to speed up the final assembly is a good example.

Not to be confused with Agile, which is more about high-level concepts and principles, Scrum is an actual framework for project management.

It outlines clear rules, meetings (ceremonies), and deliverables (artifacts), not just values.

The Scrum process framework from product backlog to increment delivery

For example, Scrum teams should only include a maximum of 9 regular team members. Daily Scrum meetings should only last 15 minutes.

The entire process of designing and completing a sprint is laid out in detail. That’s what makes the Scrum framework so useful for teams that want to implement more Agile principles into practice.

How to use a project management platform for effective task management

Instead of slowing down your managers and teams with an inefficient process, take advantage of the latest task management software .

monday.com is a digital workspace with all the functionality a project manager could ever want, wrapped in a package that’s actually easy to learn and use.

Pick the framework or methodology you want to work with

If you want to reach a completely new target level of productivity, basic task management won’t cut it. You need to introduce a project management framework that goes beyond daily tasks.

Luckily, monday.com makes it easy to make the switch. We offer dedicated templates for everything from WBS to Scrum.

Develop the high-level project roadmap

Project roadmap example in monday UI.

For consistent results, you should develop a high-level project roadmap. It will help guide all decisions and priorities as the project progresses.

Get more granular with a WBS and other task boards

This is where you break the larger goals into smaller deliverables and start to establish the workload for each team or department that’s involved.

It should outline the overall process but may not specify every activity or task, depending on the scale of the project.

Project WBS example in monday UI.

But it’s not the best for planning individual tasks within the involved teams or departments.

Which is why monday.com also offers more basic task boards that these teams can use to manage the day-to-day.

Screenshot of a task board example in monday UI.

You can easily divide larger items into smaller subtasks and assign them as well.

Use integrations and automations to automate menial tasks

If you want to perfect your workflow , it’s not enough to create some new task boards. You also need to eliminate repetitive menial tasks.

For example, with our smart integrations, you can automatically update a card or create a new task when you receive an email or message.

monday UI Gmail integrations.

It’s a useful feature for a wide variety of teams and use-cases. For example, your software team could get a new task with every bug report.

By automating menial tasks, you give your managers and team the time and space to focus on crucial high-level decisions.

Keep managers up to speed with dashboards and reports

Want to see at a glance if tasks are being completed on schedule, or which people (or teams) are available for last-minute work?

You can easily create and customize a dashboard that will give your managers instant access to all the information they need.

Screenshot of creating a new reporting dashboard in the monday UI.

Master your tasks

Breaking down a project into tasks and assigning them effectively requires a bit of balance.

Finding the framework that works best for your industry and internal workflows and pairing them with the tips above can help you find the happy medium of management and autonomy that will allow your teams to thrive.

Whichever you choose, monday.com has the right templates and tools to help your projects succeed.

Theiio

What is a task, an activity, a process?

business task definition

What Is a Business Process? | Definition, Importance and Examples

Concept of a business process strategy discussion

Last Updated March 8, 2024

A business process is a standardized method a company uses to accomplish routine activities. Business processes are critical to keeping your business on track and organized. In this article, you will learn the definition of a business process, how business processes differ from business functions, and why business processes are essential to every type of company.

What Is a Business Process?

At its core, a business process is a repeatable collection of steps a company uses to accomplish a goal. Good processes are crucial to making progress toward your goals and improving your business’s operations.

The purpose of a business process is to help your company reach a specific target. If you want to accomplish things as a business, processes allow you to take repeatable, consistent steps forward. 

A good process meets three essential criteria:

  • Repeatability:  All processes must be designed to be repeated. A process that you don’t intend to repeat is an action plan instead of a true process. It’s the difference between routine purchases and buying a new facility.
  • Transparency:  Processes also need to be trackable, allowing you to monitor them for success. A good process has built-in data-tracking steps, allowing you to compare performance and efficacy over time.
  • Agility:  Processes that are set in stone don’t hold up in the real world. A process should be adaptable to multiple situations so small changes to the work environment don’t cause delays. Furthermore, a good process should be easy to update in case of more significant or permanent adjustments. 

When your processes meet all three of these criteria, they are more likely to support your business’s goals. 

Business Process vs. Business Function

Business processes are often confused with business functions. These concepts are similar but should not be confused with each other. 

A business function is a collection of related activities performed by a particular department in your business. The activities that make up a business function are interconnected and difficult to separate. For instance, a critical business function is human resources, the management and organization of your staff, and hiring policies. 

Meanwhile, a business process is a collection of activities designed to achieve a specific outcome. Unlike a function, the activities aren’t necessarily directly connected to one another. Instead, they come together to support a single end result. For instance, your company may have a staff retention process that includes work done by HR, maintenance, and management with the intention of reducing turnover.

At its core, a business function consists of tightly related activities with a general goal, and a business process is a collection of loosely related tasks with a specific target. A well-run company involves both business processes and functions. In fact, many functions will be involved in multiple processes. The HR function will be involved in hiring processes, retention processes, and disciplinary processes, as well as many others.

The Importance of Business Processes

Business processes help keep your company on task, prevent errors, and increase the speed with which your staff can accomplish their work. Without defined processes, there’s no way to guarantee that anyone does a task the same way twice. Your products or services may not have consistent quality, data may not be collected consistently, and legal documentation may fail to meet regulatory standards. 

On the other hand, implementing processes provides consistency, which then allows you to offer higher-quality products, services, and customer service. Well-designed business processes also make your company more efficient. When your staff members understand how they’re supposed to perform tasks, they accomplish them faster and make fewer mistakes. 

Efficiency and quality are only two of the benefits of building better business processes. Other advantages of implementing business processes include:

  • Locating opportunities for improvement: When developing methods and procedures, you must examine your current tactics. In the process, you will both identify existing problems and have the opportunity to fix them. For instance, if your current processes rely on out-of-date technology, you can revise them to include modern alternatives.
  • Reducing costs:  By developing faster and more efficient processes, you can also reduce your company’s expenses. You will both save on direct material costs if you discover ways to minimize waste and indirectly save on payroll as your employees waste less time on inefficient methods.
  • Working toward long-term goals:  A critical step in rewriting your current methods is identifying the tasks your staff must accomplish during their daily routine. You can develop new processes that include actions that progress toward your company’s long-term goals. Taking daily steps toward your targets increases the likelihood that you will achieve those goals in a timely fashion.

Examples of Business Processes

Once you understand what a business process is, you can break it down into different “types.” There are four types of business processes that every company needs to develop. Below, the four types are broken down with examples of what they can look like in practice. 

Operational Processes

Operational processes are the most fundamental parts of a business because they’re directly responsible for creating and delivering products and services. 

Product Development

The product development process involves creating and improving your offerings over time. This process looks different at every business, but the basic structure is the same:

  • A market opportunity is identified that the company can address.
  • The development team brainstorms solutions to the problem.
  • A few promising solutions are chosen for development.
  • The demos are tested to see how they work.
  • One version is chosen for release.
  • The released version’s success is monitored.

This process repeats whenever the company wants to improve or update its current products or release something entirely new.

Manufacturing

Once your offerings have been developed, it’s time to produce them. The manufacturing process is usually one of the most obvious and well-designed business processes. It typically involves steps such as:

  • Sourcing materials
  • Transporting materials to the manufacturing location
  • Following a predetermined order of steps to transform the materials into a product 
  • Packing the product for delivery
  • Bringing the packed product to the pickup location

If you have any experience with Lean methodology (a management mentality focusing on low waste and high efficiency), you’ve seen how a specific focus on manufacturing processes can improve a company’s operations. 

The delivery process may or may not be simple, depending on your business’s structure. It may be nothing more than bringing products to an on-site showroom, or it may require navigating international shipping laws. This process will look different for product-based and service-based companies. 

For instance, a product may be shipped to a wholesaler, to a retail store or directly to the consumer, and a service may be performed on your premises or at the customer’s location. Developing a well-thought-out delivery process can reduce wasted time, money, and effort regardless of your specific business model.

Sales Processes

Businesses need to sell their products, or they won’t succeed; the sales processes are the procedures businesses use to make sure they bring in revenue. 

The sales process is the collection of steps a company takes to discover a lead and convert them into a loyal customer. The overall sales process includes several subprocesses, such as:

  • Lead generation
  • Lead qualification
  • Contacting leads
  • Negotiation
  • Closing the deal
  • Nurturing current customers

Each of these subprocesses should be structured to support your business model. Together, they help you build toward generating more sales overall.

Marketing may be considered part of the lead generation sales subprocess, but it’s significant enough to warrant its own department in many businesses. In the marketing business process, your goal is to build trust in your brand and brand loyalty. Marketing may also involve subprocesses focusing on different types of advertising, such as social media, search engines, and physical ads.

Customer Service

The customer service process is part of the nurturing sales subprocess. Providing your current customers with excellent service encourages them to buy from you again in the future. The customer service process may involve learning what problems customers often face, trying the most common solutions, developing new solutions for unusual situations, and following up to make sure everything works. 

Supporting Processes

Supporting processes include the business procedures and departments that are critical to the operation of a business but aren’t directly connected to sales or product delivery. 

Managing your organization’s current assets and debts is fundamental to remaining solvent. Furthermore, accounting is essential for maintaining compliance with the Internal Revenue Service and other government regulations. The accounting process looks similar for many businesses, requiring in-depth record keeping, careful monitoring of bank accounts, loans, debts and assets, and staying up to date on legal requirements. 

Maintenance

Your maintenance and janitorial teams are critical to your business despite not directly contributing to sales. Instead, they perform essential upkeep that prevents future expenses. The vital tasks they perform keep your equipment and office from breaking down. Maintenance includes:

  • Routine cleaning for your office
  • Regular upkeep on manufacturing equipment

Management Processes

Management processes are the actions necessary to keep everything else running smoothly. 

There may be dozens of individual teams and departments in larger businesses. These teams can lose their connection with one another and the company’s ultimate goals if they aren’t being managed carefully. The management process is intended to keep larger groups of people on track. An example of the management process may involve:

  • Scheduling regular meetings with individual teams.
  • Scheduling regular meetings with department heads.
  • Monitoring results from different employees.
  • Assigning projects and work to appropriate teams.
  • Rewarding strong performers and working with weak employees to improve their results.

The specific order and frequency of these steps can vary depending on your company’s management style. However, building a consistent management process helps your staff know what to expect and enables you to develop a coherent company culture.

The process of financing is different from that of accounting. Whereas accounting is responsible for tracking the assets and debts a company has, financing is the process of negotiating and managing additional funds and assets. The finance process involves applying for funding, negotiating terms and conditions, and following up with those terms to remain in good standing. This keeps the organization’s finances in check and ensures every department has the funding necessary to do its work.

Onboarding new staff is essential if you want your employees to perform at their best from the start. The onboarding process includes steps such as:

  • Training employees on new technology.
  • Educating them on safety and security procedures.
  • Getting them onto your payroll and into other company systems.

Onboarding can be overlooked in smaller companies and departments, but it’s critical for getting new staff integrated into your business. Building a better onboarding process saves time and money by reducing mistakes and keeping your entire team on the same page. 

Business Process Management

There are dozens of business processes that you may already use in your company. Business process management (BPM) allows you to stay on top of these processes and reinvent them from the ground up. BPM is a collection of tools and techniques that help you focus on your operations and build new ones that aren’t simply minor improvements on past methods. By implementing BPM, your company can determine the most effective way to perform routine tasks and become more adaptable to real-world circumstances. 

Starting Your Business Process Management Journey with Villanova University

Business processes are a critical part of modern management. Understanding how these processes work and how to manage them can help you update your company’s approach to its most essential tasks. 

You can make BPM a part of your management style by earning a Certificate in Business Process Management online through Villanova. This three-course certificate program will teach you everything you need to know about BPM, from the basics of what a business process is to how to implement BPM in your organization. Enroll today or request more information to learn how a Certificate in Business Process Management can help you understand your business processes and identify how to improve them.

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What is business process management? A BPM guide

Julia Martins contributor headshot

If outdated processes are holding you back, business process management (BPM) can help. In this article, learn how to streamline essential business processes so your company can get more done, faster.

What is business process management (BPM)?

Business process management, or BPM, is the practice of analyzing and improving business processes. A business process is a sequence of tasks or activities your business performs to achieve a specific organizational goal. 

Why is this necessary? Over time, your business processes—which were likely built when you had fewer team members or before you used certain tools—may have become outdated, inefficient, or ineffective. BPM helps you analyze those processes and optimize them through tried-and-true process improvement practices. Oftentimes, this includes business process improvements like reducing bottlenecks, automating manual work, optimizing and streamlining inefficient processes, or re-orienting project goals around specific business outcomes. 

Why is BPM important?

According to Gartner, a foremost authority in BPM research, the importance of business process management lies in its ability to synchronize people, systems, and information to achieve targeted business outcomes.

Here's how BPM helps both project managers and business process managers improve team and organizational process performance.

BPM systems streamline operational efficiency by improving business operations to become more efficient.

BPM enhances productivity by identifying and correcting inefficiencies, which leads to an increase in team productivity.

BPM drives innovation by aligning organizational processes and fostering a culture of continuous improvement.

Consider a software development team whose ad-hoc processes and frequent communication breakdowns caused delays in their project timelines. After adopting BPM systems, they established a clear workflow , assigned specific roles and responsibilities, and set measurable SMART goals . As a result, project completion rates improved significantly, and team collaboration became more efficient.

In essence, BPM helps project management professionals not only manage business process performance but also transform how teams achieve their goals.

3 types of business process management

BPM focuses on improving processes. But there are a lot of processes and use cases at your company, so there are additional types of BPM solutions to help you get to the bottom of these improvements. 

You don’t necessarily need to use these terms, but understanding the three different types of BPM helps you know which one to use to improve your processes. 

Human-centric BPM

Human-centric BPM caters to processes predominantly carried out by people. There are things that only people can do and often involve numerous approvals and tasks carried out by individuals. In this case, you can’t create perfect efficiency and effectiveness even if you try. So this type of BPM system works to unblock humans by integrating simple notifications, user-friendly interfaces, and effective tracking capabilities. All of which optimize people's understanding of the processes and provide them with real-time guidance. 

Examples of human-centric business processes: 

Hiring and onboarding. You can improve job postings, resume tracking, referrals—but there’s a uniquely human element to hiring a new employee. From that first phone screen to the onsite interview, improving hiring processes focuses on human-centric BPM.

Creative work. You can’t automate the creative process. This process requires a human component—the designers or copywriters—to provide the creative spark. In this case, human-centric BPM makes it easy to review and publish creative work, and to unblock creatives on your team for high-impact work.

Document-centric BPM

As the name suggests, document-centric business processes are those where a document is the main thing being created. Think of a legal document, blog post, or any document that goes through multiple rounds of revision. 

Integration-centric BPM

Did you know the average knowledge worker switches between 10 tools up to 25 times per day ? Integration-centric BPM addresses that problem through digital transformation—adopting technology to use and integrate tools in one central platform. By enabling integrations between tools, you can create a central source of truth for all of your information. Instead of manually updating your tools or searching through apps for the data you need, integration-centric BPM makes it easy to find information and prevents things from falling through the cracks.

5 stages of the business process management lifecycle

Business process management helps you reduce inefficiencies and optimize business processes. To get started, follow these five steps of the BPM lifecycle:

Before optimizing your processes, you first need to understand what they are. The first step of BPM is Analyze—though it’s sometimes referred to as the Design step. During this step, take a look at your current business processes and map them end to end. At this point, you aren’t making any changes to your business processes; you’re simply understanding what they are. 

For example, imagine you work at a small business. You want to improve the way you engage with your customers. To begin improving the customer experience through BPM, analyze what you currently do. How are tickets filed? Who responds? What happens when a team other than the customer service team needs to get involved? How quickly do you get back to customers? What’s their satisfaction rate? What’s the most recent NPS score? Do you use a CRM? Answering these questions helps paint a full picture of your customer experience process.

quotation mark

To help your team work more efficiently, you first need to understand a current process from start to finish. Then identify steps that can be cut or improved. Finally, train the team on the new process and roll it out, ideally via a template in Asana so the team can own future improvement.”

Now that you understand the process from start to finish, model what it should actually look like. Ideally, you’ve identified inefficiencies during the Analyze phase that you can trim, or places where work is being bottlenecked. Model the ideal process and flow of data, so you can begin to implement it in the next step. 

To return to our example, one big blocker your team has is getting responses from people who aren’t on the customer service team, since they use a different tool. Your customer service members spend a lot of their time manually copying information from one tool to another. To streamline and automate these workflows, you decide to integrate your CRM with your work management tool . Now that you understand what you want the process to look like, model the behavior you want to see before implementing it.

3. Implement

During the Implement step—sometimes called the Execute step—put your model into action. As you do, establish metrics for success or failure, in order to evaluate whether this process is better than the one you already had in place. 

Depending on the scope of the change, use a change management process to roll this out, especially if it’s a new technology or system your team isn’t familiar with. Luckily, we’ve got you covered—read our article on 6 steps to build a successful change management process .

To continue our example, you’ve modeled the ideal behavior between your work management and CRM tool. Now, you implement an integration-centric business process management model to do this. With effective integrations between your two tools, your customer service team can stop manually ferrying information from one tool to another and spend more time doing what they do best: serving your customers.

When you are beginning to implement new things and bring new things to your business, work with your leaders and your managers around change management of what's coming, how the organization will change, and what's required of everybody to be successful together. It’s much more than just flipping a switch or bringing in a new tool.”

Once you’ve implemented new processes, monitor them to see how well they’re doing. Have these new processes actually improved bottlenecks and inefficiencies? Are people using them? Sometimes, things that look good on paper—or even do well during a small test—don’t work during an organization-wide rollout. If that’s the case, pull back the rollout or consider pivoting to something else. By monitoring these processes, you can proactively identify any issues and jump on them if necessary. 

For example, after rolling out a new integration between tools for your customer service team, monitor tool usage. Are people using the integration? Has the amount of manual work done by your customer team gone down? If not, host additional training and enablement sessions to encourage adoption. 

5. Optimize

During the Optimize step—sometimes called Automate—continue to tweak and improve your business process. Even if the process you implemented worked perfectly, look for additional inefficiencies or manual processes to improve. This is also where business process automation comes into play. BPA is the process of automating business processes to make them more efficient and reduce manual work. 

To return to our customer service example, you now want to automatically push updates between your two tools, instead of having the customer service team manually initiate the integration. Or, look for adjacent activities to automate. For example, create a rule to automatically send a customer feedback email after a ticket is closed, in order to gauge customer service efficacy and continue improving processes down the road.

BPM best practices

Effective BPM implementation can transform an organization's operational efficiency and align it with strategic objectives for optimal business value. Here are the top best practices essential for the success of any BPM initiative:

Engage diverse perspectives: Involving stakeholders from various departments, including the CIO and project management teams, ensures a broad range of insights. This diversity is key to re-engineering processes for improved performance.

Establish a BPM Center of Excellence (CoE): Create a central hub of BPM expertise, staffed with professionals skilled in Six Sigma and Agile methodologies. This CoE guides BPM projects to align with the organization’s strategic set of activities and business goals.

Manage expectations: Clearly define the project scope and objectives with all stakeholders to ensure that the BPM system is aligned with the business value it seeks to create. A well-defined scope prevents misinterpretations and sets a clear path for project success.

Integrate performance measurement: Incorporating clear performance metrics and KPIs is key. This enables the BPM process to be continuously monitored and improved, guaranteeing that it continuously generates business value and satisfies stakeholder expectations.

Benefits of business process management

Without a big picture view of your company processes, you have no way of knowing how efficient and effective those processes are. With BPM, you have a way to understand, analyze, and improve your business processes. When you model a business process, you outline your ideal process. Then, if it doesn’t currently look like that, you figure out why, and you improve it. 

Remember, business process management isn’t a one-and-done process. Instead, it’s an ongoing effort to evaluate and improve your processes. As a result, you can drive meaningful process improvements, increased efficiency and effectiveness, and easier ways for team members to accomplish their goals faster and with less effort. 

Maps and improves your processes

Automates processes where possible 

Reduces waste

Eliminates bottlenecks

Cuts down on errors

Improves efficiency and effectiveness

Generates better services and products

Leads to better customer satisfaction

Streamlines inefficiencies

Ensures your business processes are clearly contributing to business outcomes

Business process management isn’t just effective for large, enterprise organizations—even small teams and small business users can benefit. If you have a business strategy with key business objectives, BPM helps you optimize processes and achieve those objectives. 

What is business process management software?

BPM software is technology created to help you map and capture business processes. A BPM suite of tools helps your organization understand, monitor, and streamline business processes. 

Business process management systems typically: 

Map current, existing processes

Model ideal processes

Automate processes to achieve business goals with less manual work

Track ongoing work for continuous improvement of business processes

Business process management tools sometimes also:

Offer adaptive analytics dashboards to proactively identify business process opportunities.

Offer templates for specific business processes or workflows.

Offer BPM tools for A/B testing before you roll out business processes—especially for large changes that require change management.

Track new processes to ensure team members are using them correctly, and enforce change if they aren’t.

Types of BPM technologies

Business process management software makes use of various BPM technologies to help organizations manage their processes more effectively. By integrating tools for process design, execution, control, and analysis, it enables automation and optimization of workflows. Successful BPM implementation requires selecting the appropriate technology for your organization's unique requirements.

Process design

Process design technology focuses on the creation and modification of business processes. It involves tools that help in visually mapping out process flows, defining steps, and setting parameters for how a process should operate.

An e-commerce company may employ process design tools to revamp its order fulfillment system. The software helps visualize the entire order-to-delivery workflow, identifying bottlenecks and enabling the redesign of steps for faster processing and delivery.

Process mining

These tools analyze data from various business systems to discover, monitor, and improve real processes by extracting knowledge from event logs readily available in today's cloud-computing information systems.

A healthcare provider could use process mining tools to analyze patient flow through its facilities. The insights gained may lead to improved scheduling and resource allocation, which could significantly reduce wait times and enhance patient satisfaction.

Process performance

This type of BPM technology centers on monitoring and optimizing the performance of business processes. It involves tools that track key performance indicators (KPIs) and other metrics to evaluate the efficiency and effectiveness of processes.

A manufacturing company might implement process performance tools to monitor production lines. These tools track the speed, quality, and downtime of each line, providing data that helps fine-tune operations for maximum efficiency and product quality.

Business process examples

Business process management plays a transformative role in various departments of an organization. 

By looking at specific BPM examples, we see that it's more than just improving process performance. BPM aims to make organizations more agile, responsive, and strategically aligned. BPM, whether in sales, HR, or finance, can have a substantial impact on a company's success and competitiveness.

In sales, business process management can streamline the entire sales process, from lead generation to closing deals. It helps in managing customer data, tracking sales performance, and ensuring that sales activities align with business strategies.

Example: Consider a technology company implementing BPM to manage its sales pipeline . The BPM system automates lead tracking to ensure timely follow-ups. By analyzing sales data, the system identifies successful patterns and areas needing improvement. This allows the sales team to focus on strategies that yield the best results.

Human resources

BPM in human resources (HR) can automate and optimize various processes like recruitment, onboarding, employee performance management, and leave requests. This results in a more effective HR department, which enhances employee satisfaction and talent management.

Example: In a large retail corporation, business process management is used to streamline employee onboarding. The system automates document submissions and training schedules and integrates with payroll systems. This efficiency reduces the onboarding time, improves the new hire experience, and allows HR staff to focus on more strategic initiatives like employee engagement and retention.

In the finance department, BPM can be used to manage processes such as budgeting , invoicing, compliance, and financial reporting. It enhances accuracy, speeds up financial operations, and ensures compliance with regulatory standards.

Example: A manufacturing firm employs BPM for its budgeting process. The system allows for real-time budget tracking and variance analysis, enabling quick adjustments. This process ensures that the financial resources are optimally utilized, reducing waste and enhancing the company's ability to make data-driven financial decisions.

What type of process optimization is right for you?

There are a variety of process methodologies to help you optimize your business. Here’s how BPM stacks up:

Business process management vs. workflow management

Business process management focuses on the end-to-end business process. Instead of homing in on a specific workflow, BPM aims to improve efficiency and effectiveness across your organization. 

Part of BPM is workflow management. A workflow is an end-to-end process that helps teams meet their goals by connecting the right people to the right data at the right time. Workflows organize data in an understandable and repeatable way by focusing on three things: planning, execution, and review. An effective workflow is a repeatable, sustainable business process.

Looking to improve a specific workflow? Learn how to create clear, repeatable workflows in 7 steps.

Business process management vs. project management office (PMO)

Business process management is a way to evaluate your entire process, model the ideal process, and then improve your work based on that process model.

A project management office (PMO) is also focused on improving business processes, but it goes about it in a slightly different way. Instead of tackling business processes, a PMO aligns your organization around project management best practices , defines how to execute core processes, and aligns strategic initiatives across the organization.

Looking for a PMO instead of BPM? Learn how to set and align project management conventions with a project management office.

Business process management vs. business process automation

BPM looks at your organization’s business practices holistically, then looks for ways to improve them. This often includes, but isn’t limited to, automating manual processes. Within BPM, this is referred to as business process automation (BPA).

Business process automation is critical because so many processes we do in our day-to-day lives are manual: duplicating work between tools, following up on the status of work, or even searching for information. However, you don’t need BPM in order to automate manual processes. Instead, look for any work management tool that offers workflow automation features. This type of no-code platform provides an intuitive user interface, so employees without technical expertise can still streamline manual processes. 

What is robotic process automation (RPA)?

Robotic process automation (RPA) is a type of specialized business process automation. RPA helps your business build, deploy, and manage software robots that perform repetitive tasks—so your employees don’t have to. These robots can mimic all sorts of human-computer interactions, like copying and pasting or moving files from one location to another. 

Business process management vs. task and project management

BPM helps you establish and align processes at the business level. When you implement business process management, you’re looking at your entire organization’s business processes and improving them. 

Task and project management are slightly different. Task management is for individuals looking to improve their personal efficiency and effectiveness. With good task management software , you can gain clarity on your work and get your highest-impact work done. 

As the name suggests, project management functions at the project level. Project management is a way for teams to organize, track, and execute work within a project. There are five phases of project management : project initiation, project planning, project execution, project performance, and project closure.

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Examples of Key Business Tasks

  • Small Business
  • Business Planning & Strategy
  • Business Strategy Examples
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What Is a Creative Team in Advertising?

Consumer research techniques, leadership styles & team building.

  • Documented Example of Employee Objectives
  • Ad Position Strategies

Forty percent of employees in an April 2010 Met Life study said their workload increased in the past year, according to time management experts at Key Organization Systems. Companies are expecting more productivity from their workers, as some operate with reduced staffs. Consequently, workers find themselves overburdened with many common business tasks. These tasks can run the gamut from 15-minute assignments to multiple-day jobs. Some key business tasks are even ongoing.

Creating a Business Plan

Department directors and managers usually create business plans prior to the start of a new fiscal year. They outline all the projects they expect to complete in the coming year, allocating the allotted amount of dollars. For example, an advertising manager may determine all the types of advertising she will run in the new year. She will then schedule the advertisements with media outlets, submit the ad copy and coordinate any production-related work. It is best to include all details about markets, products and sales forecasts in business plans. For example, the advertising manager may determine how much advertising to run for each product. She would also project how much revenue she expects to generate from each type of advertising.

Managing Employees

Employee management is an ongoing business task. Managers must hire the most qualified workers, train them and help cultivate their skills. Managers may also have certain required objectives to accomplish in leading their team of workers. For example, fast food restaurant managers have quality guidelines they must follow when running their units. Food must be served at specific temperatures as quickly as possible. It is best to clearly communicate all objectives to employees and lead by example. The fast food manager may demonstrate how to use a thermometer to test the temperature of a chicken patty, for example. She would then instruct the employee to do likewise until the task is done correctly.

Selling Products

Sales reps call on current customers. But, they are usually required to bring in new business each year. The new business helps offset lost customers, such as those who go out of business or switch suppliers. Sales reps can acquire new clients by cold calling them, using referrals from existing customers or attending trade shows. The next step is getting an appointment to discuss the products. Sales reps should always stress the benefits of products over the features during a presentation, according to "Changing Minds" online. Benefits are what customers gain from the products. For example, an industrial cleaner sales rep may demonstrate to a manufacturer how less of her product is needed for cleaning jobs. Hence, the client would save money switching to her brand.

Hiring Outside Vendors

Managers often work with outside vendors on projects. For example, a marketing research manager may hire an agency to conduct 300 phone surveys. She would tell the agency rep what objectives she has for the surveys, indicating the proposed length of the questionnaire. She would then have the agency write a proposal and bid on the job. A bid typically outlines project tasks and the associated costs. Managers who hire outside vendors should obtain at least three separate proposals, according to "The Thriving Small Business" online. This helps companies ensure they are getting the best value for their money.

  • Chanimal; Closing The Sale; 2004
  • ChangingMinds.org: Features and Benefits
  • SBA.gov: Essential Elements of a Good Business Plan
  • Business Know-How; Sales Prospecting Best Practices; Kelley Robertson

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Task Definition and Importance in Business Processes

In the realm of business processes, a task refers to a specific unit of work or action that needs to be accomplished to achieve a particular goal or outcome. These tasks are the building blocks of the overall process, contributing to the efficient and effective completion of projects or operations.

The importance of tasks in business processes cannot be overstated. They serve as the essential components that ensure smooth workflow, facilitate collaboration, and enable successful project completion. By breaking down complex processes into manageable tasks, organizations can improve productivity, enhance accountability, and optimize resource allocation.

Types of Tasks in a Business Process

Tasks in a business process can be categorized into various types based on their nature, scope, and interdependencies. Let’s take a closer look at a few common types:

1. Operational Tasks: These tasks focus on day-to-day activities and are integral to the routine functioning of an organization. They often include activities such as data entry, customer support, or inventory management.

2. Managerial Tasks: As the name suggests, these tasks involve decision-making, planning, and strategizing. Managers and leaders typically handle these tasks to ensure the effective execution of business objectives.

3. Collaborative Tasks: In today’s interconnected business landscape, collaboration is key. Collaborative tasks involve teamwork, coordination, and communication among multiple individuals or departments to achieve shared goals.

4. Project Tasks: When organizations undertake specific projects, various tasks need to be executed to meet project deliverables. These tasks are often time-bound, require specific expertise, and contribute to the successful completion of the project.

By understanding the different types of tasks, businesses can streamline their processes, allocate resources effectively, and ensure optimal task distribution.

The Role of Tasks in Business Process Management

Optimizing task management for efficient workflows.

In the dynamic business environment, effective task management is crucial for optimizing workflows and achieving organizational goals. Here are a few key aspects of task management in business process management:

Task Identification and Definition: Thoroughly identifying and defining tasks is the first step towards successful task management. Clear task descriptions, expected outcomes, and dependencies enable teams to understand their roles, responsibilities, and streamline their efforts accordingly.

Assigning Tasks and Deadlines: Once tasks are identified, they need to be assigned to the appropriate team members. This ensures clarity and accountability, enabling individuals to take ownership of their respective tasks. Setting realistic deadlines and milestones further drives productivity and progress.

Task Tracking and Monitoring: Monitoring the progress of tasks is essential to keep projects on track. Adopting project management tools, establishing regular check-ins, and providing progress updates foster transparency, improve communication, and enable timely interventions when needed.

Collaboration and Communication: Task management is not just about individual responsibilities but also necessitates effective collaboration and communication. Encouraging regular team meetings, fostering an open and supportive work environment, and utilizing communication tools aid in overcoming challenges and promoting synergy.

By implementing robust task management practices, businesses can streamline their processes, enhance productivity, and achieve operational excellence.

Table Breakdown: Task Types and Corresponding Responsibilities

Frequently asked questions about tasks in business processes, 1. what is the significance of tasks in a business process.

Tasks are essential components of a business process as they contribute to smooth workflow, collaboration, and successful project completion.

2. How can I effectively manage tasks in business processes?

Effectively managing tasks involves clear identification, assignment, tracking, and fostering collaboration and communication within the team.

3. Are there different types of tasks in a business process?

Yes, tasks in a business process can be categorized as operational, managerial, collaborative, and project-specific tasks.

4. Can task management tools simplify the process?

Yes, task management tools and software can facilitate efficient task allocation, tracking, and collaboration among team members.

5. How can task management contribute to organizational productivity?

By streamlining processes and ensuring effective allocation of resources and responsibilities, task management improves productivity within an organization.

6. What happens when tasks are not effectively managed?

Poor task management can lead to delays, miscommunication, decreased productivity, and ultimately hinder the achievement of organizational goals.

7. How do collaborative tasks differ from other types of tasks?

Collaborative tasks require teamwork, coordination, and communication among multiple individuals or departments to achieve shared goals.

8. Can tasks overlap or have dependencies?

Yes, tasks can overlap or have dependencies, meaning one task’s completion is reliant on the completion of another.

9. How can task management improve organizational efficiency?

Task management enhances organizational efficiency by ensuring clarity, accountability, resource optimization, and timely progress tracking.

10. Are there any best practices for effective task management?

Yes, some best practices include clear task definitions, realistic deadlines, regular check-ins, fostering open communication, and utilizing task management tools.

As we conclude our exploration of tasks in a business process, we hope you’ve gained valuable insights on the significance of tasks, their types, and effective management techniques. By mastering the art of task management, organizations can improve productivity, enhance collaboration, and achieve their business objectives. To delve deeper into the world of business processes, don’t forget to check out other informative articles on our platform. Happy reading!

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The BPM Task Defined in Context

Blog: gary samuelson information systems anatomy, introduction.

Carrying forward the definition listed in the overview :

A Task is a modeling element, from the BPMN/CMMN notation, representing a unit of work. The task also provides a container metaphor and classification for a group of one or more services (human and system) dedicated, from a valued output perspective, towards the completion of a dependent business process. The process model (from BPMN) defines the context and placement, via the task’s value-add dependency.

The BPMN 2 standard defines a Task and introduces the concept of activity (we’ll talk about Activity Theory later):

A task is an atomic Activity within a Process flow. A Task is used when the work in the Process cannot be broken down to a finer level of detail. Generally speaking, either a worker  (human) or application (automation) perform necessary work representing the Task during execution. (omg.org BPMN 2.0.2)

If we compile and package the BPMN process model for run-time execution we extend the context of our definition:

A BPMN process model implementation (or execution) extends the meaning of “task” to provide a container metaphor and classification for a group of one or more dependent services (human and system) dedicated, from a valued output perspective, towards process completion.

Since “activity” is brought into the definition:

A process-oriented activity is an abstract type and, in context, implies work performed within a process and typically refers to one or more assigned tasks within an instance relationship with a worker (participant). Though the terms “task” and “activity” or often used synonymously they are not the same. A task is a unit of work (atomic) – an activity is work performed and includes one or more tasks.

Comparing Methods: Functional Decomposition versus Task Definition

A process-oriented task is not derived from the practice of “functional decomposition” (as a method of definition).

A business task definition does not originate as a  product of classic business analysis or systems development. This is because these domains lack the concepts of human participation (activity theory) and measure (quantifying effort specifically as a “unit of work”).

Classic business and systems analysis typically lead to requirements definition which then define the need for and implementation of functional characteristics and behavior. However, a BPM process is not an application. And, delivering yet-another application does not represent a strategic advancement on the alignment of business assets towards superior value (BPM core value). An application cannot deliver real, ongoing competitive advantage.

A Review of Value-chain and BPM Methodologies

It’s important is to understand the differences between these methodologies and their contribution. Porter’s Value-chain doesn’t necessarily contradict BPM’s effort. These two perspectives are complimentary as long as their boundaries and analysis are both clearly understood and reasonably applied.

So, we’ll compare each with an approach towards a mixed application – each doing its part, as a methodology, towards delivering a complete solution.

Porter’s “value-chain” model for business-oriented functional decomposition:

Representing a value-add perspective of business activities within the organization’s networked, or linked, operations (Porter 1985).

Joan Magretta interprets value-chain for contemporary application:

Activities are discrete economic functions or processes, such as managing a supply chain, operating a sales force, developing products, or delivering them to the customer. An activity is usually a mix of people, technology, fixed assets, sometimes working capital, and various types of information (Magretta 2013).

This model representing a value-add perspective of business activities within the organization’s networked, or linked, operations.

Value-chain

Extending Porter’s model we apply the service-oriented construct in representing our activity as a single or orchestrated collection of technical services. In this model, business value is represented as managed system capabilities whereby, “each value chain is a use case of the services it uses” (Commins 2010). The operations business activity (value-chain function) includes “process management” because, as a service, it plays a supporting role in its defining use case.

Activity, Service, Capability

Business value is represented as managed system capabilities whereby, “each value chain is a use case of the services it uses” (Commins 2010)

BPM Tasks & Their Subject-object Relationship:

In contrast to Porter’s Activity, as linked operations, a BPM Task (or BPM Activity) has its focus on measured work-output as value received from either genesis or state change within represented business objects. Porter’s Activity doesn’t necessarily include Worker/Task participation whereas this relationship is vital to our BPM Task implementation.

In context to a BPM process model, a Task’s work output is measured as the value received. The necessary effort required to produce this value marks the task’s beginning and end. And, given need for quality and efficiency alongside speed, our scope includes any resources the participant requires to complete this task.

Subject-object task relationship

Work output is measured as the value received from either the genesis or state change in business objects.

BPM Task Participation within a Service Oriented Architecture (SOA)

In this model we combine Task, Process, and Service models into a holistic view representing our process-oriented architecture.

Web-UI and Business Services are identified and aligned to task and process requirements. Our goal being the development of loosely coupled service components across applications.

Web-UI and Business Services identified and aligned to task and process requirements.

Web-UI and Business Services identified and aligned to task and process requirements.

References:

Cummins, Fred A. (2010) Building the agile enterprise: with SOA, BPM and MBM. Morgan Kaufmann. Porter ME (1985) Competitive advantage: creating and sustaining superior performance. Free Press, New York Magretta, Joan (2013). Understanding Michael Porter: the essential guide to competition and strategy. Harvard Business Press

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What is business management? A comprehensive guide

What is Business Management-Everything You Need to Know

Managing a business is no cakewalk for any entrepreneur. Not everyone has a natural talent to understand the various responsibilities that come under the ambit of business management.

Don’t worry! This guide to What is Business Management will help you understand what it takes to help an organization grow and prosper.

First, let’s get clear with the basics.

What is business management?

Business management is the practice of overseeing and coordinating various activities within an organization to achieve goals efficiently, including planning, organizing, leading, and controlling resources and processes.

What types of business management are there?

Types of Business Management

Although, there are many types of business management; given below are some of the major ones.

1. Financial management

Financial management strives to create a balance between profit and risk to ensure profit for the business.

It requires business managers to plan, direct, and coordinate with investing, banking, insurance, and other financial aspects of the business. There are three key elements of financial management – planning, control, and decision-making.

2. HR management

HR (Human Resource) management deals with a business’s hiring, training, and retention of an employee.

It is not the sole responsibility of the HR department to hire, retain and recruit new employees. The managers of every department are equally responsible for these as it impacts the future growth of an organization.

3. Operations management

Operations management requires business managers to ensure that all departments of an organization are functioning efficiently.

For this, they have to deal with numerous departments and formulate the best business strategies and processes.

The operations teams have to ensure proper acquisition, development, and utilization of resources the business needs.

4. Marketing management

Marketing management takes into consideration the practical application of a business’s marketing resources. There are four core areas of marketing management – Company, Collaborator, Customer, and Competitor analysis.

Brand management, Marketing strategy, and pricing are also three core components of effective marketing management.

5. Strategic management

The success of every business depends on its marketing, financial, and operational strategies. This is where strategic marketing comes into the picture. Strategic management refers to the application of strategic thinking to leading an organization.

This type of business management relies on questions like – Where does a business want to reach and how can it reach there?

To succeed in any type of business management described above, business managers have to be aware of a few practices.

What are some of the best business management tactics?

Best Business Management Tactics

Given below are 5 of the best business management tactics every business manager should use to help an organization grow.

1. Engage the workforce

No business has ever reached its goal without active and hardworking team members. Business managers have to engage with team members from every department.

A motivated and enthusiastic team member is more likely to help the organization achieve its business goal as opposed to an alienated worker who is more interested in a paycheck.

2. Reward the winners

Some business managers feel that connecting or praising team members on a personal level undermines their authority, but this is not so.

Nothing can replace the motivation an employee feels after being praised for a job well done. Rewarding employees who help a business grow has a positive impact on others.

3. Be vulnerable

Many business managers believe that getting to know the employees makes them look weak, which is absolutely wrong.

Without the ability to be open and share their ideas regarding how a business should go , some business managers lose the trust of the team. This has a negative impact on the project’s and company’s future, not to forget it also impacts employee morale.

4. Embrace technology

Business managers need to be quick when it comes to adapting to the latest technology. It sends a positive message to the customers as well as company employees.

For example, in today’s world, it is vital for every business to not only have a website with smooth navigation and valuable content. Business managers need to ensure that customers can connect with them from anywhere and at any time.

In the long run, if a business wants to stay ahead of the competition then managers have to take up the mantle of adapting to the latest technology in their industry.

5. Have clarity

Many businesses are not able to meet their goals due to a lack of clarity amongst managers who either don’t understand the organization’s vision or are confused about how to achieve it.

To counter this issue, organizations should help them understand a few key concepts;

  • Why do we exist?
  • What do we do?
  • What is most important at the moment?
  • Who must do what?

Answering these questions gives business managers a clear idea about the company’s vision, mission, and its values.

There are different ways through which a business manager can help an organization grow and achieve its goal.

Let us now take a look at the different management styles.

Different business management styles

Whether a business manager leads a department, team, or entire organization, it is vital to get familiar with the different management styles.

Knowing about these is an important part of understanding what is business management at its core.

Different Business Management Styles

That said, given below are 8 business management types a business manager can adapt to.

1. Democratic management style

The democratic management style helps create a bond of trust and mutual understanding between an organization’s employees and the upper management.

The leaders usually seek input from the employees before making a business decision. Business managers who follow this management style are open to experimenting with new ideas.

2. Laissez-faire management style

Business managers who adopt the Laissez Faire management style do not believe in micromanaging employees.

Employees have complete freedom when working on a given task. It is the best management style when it comes to managing a team of highly experienced professionals.

3. Autocratic management style

Autocratic business managers believe in focusing on results and efficiency. They micromanage the workforce to ensure that everyone follows the organization’s policy.

This management style comes in handy when there are inexperienced employees who need clear and strict instructions regarding a task.

4. Collaborative management style

The collaborative management style requires coordination between managers, supervisors, and employees to attain a common objective.

In this management style, all the employees from different departments work together to ensure the organization achieves its business objectives.

5. Coach management style

Business managers who possess the qualities of a sports team coach can adapt to the coach management style. They have to focus on an employee’s development and know what motivates every team member.

Coach management style helps managers identify the strengths and weaknesses of every team member. It helps push an employee to perform beyond their limitations and improve their chances of growth.

6. Transformational management style

A transformational management style is an approach that business managers use to help an organization move in the right direction.

A transformational business manager not only supervises the various changes taking place in an organization. They also help in managing employee morale which might go low during such times.

7. Bureaucratic management style

The bureaucratic management style requires business managers to assign tasks to employees within a well-defined hierarchy.

This management style requires a focus on rules and procedures rather than collaboration. It is quite successful in heavily regulated industries but not so much in creative industries.

8. Transactional management style

Managers following a transactional management style believe in improving employee performance through bonuses and incentives.

They act as mentors and provide explicit instructions to increase performance and help employees meet the business’ expectations.

It has become easier for business managers to handle small as well as large teams within an organization with the help of various Business Management Systems available.

Who is a business manager?

The end goal of every business is to generate profit. The person who has to ensure this happens to be none other than a business manager.

The business manager is a professional who oversees an organization’s employees and day-to-day operations. Their primary responsibility is ensuring that all business activities remain streamlined at all times.

Business Managers ensure this by executing relevant operational strategies, conducting employee performance reviews, and keeping a tab on everyday activities. They also have to search for opportunities to grow the business and achieve its objective.

Apart from this, Business managers keep an eye on all ongoing projects to determine any area of improvement and identify potential roadblocks.

Still, there is a certain set of skills that all business managers need to possess. Let us see what these are.

ProofHub is the best Business Management Tool! Book Your Demo Now !

Skills every business manager should possess

Business Manager Skills

A business manager has to supervise different teams to help them achieve the desired business goal.

Therefore, anyone looking to get into one of the many business management jobs should definitely possess the skills mentioned below;

1. Communication skills

A business manager has to communicate with project team managers, stakeholders, and higher management. Business managers have to form a positive and trustable relationship with the employees , management, and business owners.

They need to remain connected with the organization’s employees and stakeholders through phone, email & chat. But, for this to happen, they must possess excellent command over verbal and written communication.

2. Financial skills

A business manager has to set a budget for a project and ensure it gets completed within that budget. They have to ensure the project teams work according to the allocated budget. There are many business management tools that can help them perform this task with ease.

Being able to manage the project budget ensures the team completes it within the deadline and it is delivered to the client on time.

3. Leadership skills

A big responsibility on the shoulders of every business manager is boosting the morale of the workforce in the organization. A motivated employee will always give their best in comparison to undervalued employees.

Business managers can do this by interacting with every team socially, providing opportunities for career advancement, and recognizing high-performance team members.

4. Interpersonal skills

Business managers have to communicate regularly with different departments in an organization. Sometimes, they have to be the mediator between two departments that don’t see eye to eye on a project.

It is essential the departments have trust in the business manager. For this, business managers should organize team-building activities and social events. This helps them know the employees on a personal level.

5. Planning skills

Business managers play a vital role in handling day-to-day tasks for a business. However, at the same time, they also need to focus on the bigger picture.

They need to ensure that every task completed by a team helps bring the organization closer to its business goal.

A business manager must have a vision of how the decisions made today would impact the business’s future in the coming years.

6. Organizational skills

Business managers have to don many different hats at the same time. For this, they have to effectively organize and prioritize time to ensure every task is completed on time.

A capable business manager must be able to delegate tasks to different team members with ease. It requires them to know the individual skills of every team member before assigning tasks.

7. Problem-solving skills

Business managers have to make decisions that have a huge impact on an organization’s future.

This includes making quick decisions regarding a project or completing a task without spending too much time on it. They have to think quickly about the pros and cons of a decision.

For this, business managers need to develop a keen eye regarding what is happening in the company. This helps them detect any problems and take corrective measures before it is too late.

These are the essential skills that a business manager should have to excel at what they do. But, there is one more that can help them cover a long journey with the organization.

Business manager vs. business administrator

Still, there are business owners who think that business management is just a single industry. That is not so.

So, knowing about its various types will help you understand what is business management especially if you are just starting out as a business manager.

“Assigning and Managing Day-to-Day Tasks is a Breeze With ProofHub! Start you free trial ! ”

What is a business management system?

Whether you own a small online store or multiple ventures, there is a lot you need to do to handle both. It is here that having a well-defined business management system can help manage difficult tasks easily.

By definition, a Business Management System refers to a set of tools for planning and implementing the various policies, guidelines, and procedures of an organization to execute its business plan.

Having a Business Management system lays down a solid foundation for the successful implementation of strategic and tactical business decisions to meet its objectives.

“In 2020, 54% of enterprises agreed that cloud-based Business Intelligence was vital to their current and future initiatives”. – Forbes

One of the best and most exceptional business management systems that are utilized by leading businesses is ProofHub . It helps business managers handle project tasks, and ensure task deadlines are met by every team in the organization.

How ProofHub can help manage businesses

ProofHub is a cloud-based business management system that helps businesses keep everything organized in one place.

It is one of the best tools for business managers to streamline daily business operations and assign tasks effortlessly.

That is not all! Given below is how ProofHub can help manage businesses with ease.

1. Task management

ProofHub lets project and business managers create, manage, and track assigned tasks with ease. The Kanban boards and Gantt charts help plan and lay down every task in a visually appealing manner.

It lets you set task deadlines, get instant notifications regarding a task, and check out the overall project workflow.

2. Project collaboration

ProofHub keeps every project team member on the same page with its effortless collaboration capabilities.

It also offers Live Chat and Discussions to let project managers connect with team members round-the-clock.

Notes in ProofHub lets managers jot down vital information in one place and share it with the team members.

3. Time management

ProofHub timer tool lets managers keep track of the time spent by a team member on a particular task. 

The time logging, monitoring, and reporting feature help increase employee accountability. The Timesheets in ProofHub help display time logged in by a project team member.

ProofHub comes with many advanced features like Time Tracking to help you keep track of every task in a project.

4. File management

ProofHub comes with smart file storage, versioning, and sorting capabilities. Its file management system offers 100 GB of file storage space for all projects.

This business management tool lets managers upload files, and divide them into separate folders. ProofHub also provides the option of attaching files in team chat and discussions.

5. Progress tracking

The Project Reports feature in ProofHub lets managers know if a project is completed on time or lagging behind.

It gives them enough time to take the appropriate action before things go out of hand.

ProofHub’s Activity Tracker makes it easier to keep track of any modifications or changes done to a project file.

“Looking for the Top Business Management Tool? Try ProofHub ! ”

To be a business manager requires an entrepreneur to develop many skills apart from being a business owner.  With the right business management system by your side, handling day-to-day business operations is way easier than imagined.

FAQ’s

What are the most important components of effective business management.

There are six vital components that contribute to effective business management. These include strategy, marketing, finance, human resources, technology, and operations.

What skills do I need to learn to become a business manager?

To become a proficient business manager, there are 7 skills you need to learn:

* Sound decision-making

* Self-Awareness

* Building Trust

* Becoming a good communicator

* Regular Check-Ins

* Self-Reflection

* Business Management Training

Are there alternative careers in the field of business management?

Yes! Like every profession, business management is a skill required to succeed not only in the corporate world but also other industries like:

* Non-Profits

* Public Service

* Entrepreneurship

* Private Consultancy

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What is Business Strategy? Definition, Importance, Levels, and Examples

What is Business Strategy? Definition, Importance, Levels, and Examples

Business strategy is the battle plan for a better future. - Patrick Dixon

Scaling up a business without a clear strategy is like captaining a ship without a rudder. The success of any business depends on the strategy that one follows. The business strategy establishes the needs of the business. Business strategy plays an important role for businesses of all sizes and entrepreneurs. It sets the direction of the organization and helps to create goals to aim towards.

What is Business Strategy?

Business strategy is defined as the course of action or set of decisions that support entrepreneurs in achieving certain business goals. It is a master plan that outlines the direction the organization intends to make, the actions it will undertake, and the resources it will give to attain certain competitive benefits and drive sustainable growth. It involves a combination of decisions, actions, and resource allocation that positions an organization in its industry or market.

Why is a Business Strategy important?

Business Strategy plays a crucial role in guiding a firm’s growth, competitiveness, and success. It offers a roadmap for decision-making, resource providing, and adaptation to transforming circumstances, ensuring that the firm stays agile, focused, and well-prepared to achieve its goals successfully. It is carefully planned and flexibly designed with the purpose of:

  • Achieving effectiveness
  • Perceiving and utilizing opportunities
  • Mobilizing resources
  • Securing an advantageous position
  • Meeting the challenges and threats
  • Directing efforts, behavior and
  • Gaining command over the situation

What is the Difference between Business Strategy & Business Plan & Business Model

Business Strategy, Business Plan, and Business Model are three distinct elements that offer various purposes in the world of business. They are vital for the success and sustainability of a business, and they are interconnected, with slight changes which are often confused by several aspiring business strategists , especially during their interviews. Here's a breakdown of the important differences between these:

What is the Difference between Business Strategy & Business Plan & Business Model

Levels of Business Strategy

Effective strategic management consists of coordination and alignment across various levels of strategy to achieve the organization's long-term goals and competitive advantage. Business strategy can be categorized into different levels depending on its scope, focus, and the organizational hierarchy at which it functions.

Levels of Business Strategy

The three primary levels of business strategy are:

  • Corporate level strategy Corporate level strategy is a long-range, action-oriented, integrated, and comprehensive plan, which is formulated by the top management of a company. It is very helpful to ascertain business lines, expansion, growth, takeovers and mergers, diversification , integration, and the latest fields for investment.
  • Business level strategy The strategies that relate to a specific business are known as business-level strategies. It is developed by the general managers, who convert mission and vision into concrete, clear, and result-driven strategies. It acts like a blueprint for the total business.
  • Functional level strategy Developed by the first-line managers or supervisors, the functional level strategy involves decision-making at the operational level concerning functional areas such as marketing, production, human resources, research and development, finance, and so on.

How to Implement a Successful Business Strategy?

A business strategist feels that it is tough to ideate any plan in a few hours. It requires a step-by-step procedure to be associated with completing a SWOT analysis . Here are the top steps that can be considered to build the best business strategies and execute them with precision:

  • Understand the targets One of the clearest challenges for growth is poor targeting. Clear target markets offer an organization the ability to create an integrated sales and marketing approach, where marketing enables sales productivity. Sales and marketing business plan gets executed more efficiently if the targets are fixed in a proper way.
  • Outline the tactics A successful business strategy is made up of several various tactics, including both online and offline options. The goals, target audience, and industry factor into this decision. For instance, if the target audience is young, focusing on social media is more beneficial as this is primarily where this group consumes content. If the industry is product-based (for instance, jewelry designing), then using a more visual platform would better showcase the products. To be most effective, one must choose which methods are right for the business. Once the selection of tactics is done, list them in the plan and determine how they’ll help to reach the goals.
  • Think long term In the scope of constant change, planning the horizons is usually shorter than it can be. However, only thinking quarter to quarter is a trap that may rob organizations of their ability to see around the bend. Best-in-class organizations create processes designed for a series of financial and non-financial metrics to treat strategy as an annual cycle rather than a one-time, static event.
  • Create a timeline Time is precious mainly when it is about the business. Based on the goals and objectives one can set for the business. Creating a timeline that will define what tasks can be completed and when they can be completed. It is highly advisable to allocate extra time for unexpected events that may delay some of the goals.
  • Focus on growth A thriving organization is a growing organization. It is only through growth that the firms can afford to invest in aspects such as technology, the best staff, and the latest tools. The business strategy should identify the segments where an organization will grow and in what proportion.
  • Have a budget plan Creating a budget for the business strategy can inform the efforts by determining what can be done and cannot be. Choosing the most cost-effective options for the business ensures the success of the overall business strategy. This doesn’t have to limit the options. Paid advertising on social media and search engines gives access to manage budgets well.
  • Make fact-based decisions Several executives often complain about a lack of fruitful data, but they consistently find information that is useful in the formation of business strategy. The business has a set of values that guides it. Making fact-based decisions will outline the values and ensure that the people who interact with the business are aware of them. It will also ease the message that reflects on the brand honestly so it can actively demonstrate the values outlined in the mission statement through the interactions with clients.
  • Invest in pre-work Always allocate time to do proper pre-work so that one can be up to date. It is better to conduct proper end-to-end research and prepare relevant information in advance of the business strategy meetings. The goals and needs will change over time. Ideally, it is important to revisit the business plan every annum to make adjustments as needed. Follow industry news and trends that can add to the existing strategy.
  • Execute well and measure results Measuring the effectiveness of the business strategy will inform the current plan and future efforts. Always be sure to track and measure the business so these measurements are effective. Set up a corporate calendar to enhance the productive meetings, and also to form a performance management cycle. One should write the marketing plan with this growth in mind so they can measure it. The execution of strategic planning needs discipline, and it must be taken care of by the senior executives to promote processes that keep the team focused.

Examples of Business Strategy

Hubspot developed and executed a perfect business strategy where it created a market that didn’t even exist – inbound marketing. It created an online resource guide explaining the limitations of interruption marketing and informing about the advantages of inbound marketing. The organizations even offered free courses to help the target audience understand its offering better.

Apple Inc. differentiated its Smartphone operating system iOS by making it simple as compared to Android. This differentiated it and built its followership. The organization has been following a similar business strategy for its other products as well.

Wrapping up

Establishing the business strategy keeps the business goals organized and focused, saving valuable time and money. With the increase in the competition, the demand for business strategy is becoming apparent and there is a tremendous increase in the types of business strategies used by the businesses.

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Meaning of task in English

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task noun ( WORK )

  • act as something
  • all work and no play (makes Jack a dull boy) idiom
  • be at work idiom
  • hot-desking
  • housekeeping
  • in the line of duty idiom
  • short-handed
  • short-staffed
  • undertaking

task noun ( SPEAK ANGRILY )

  • all-points bulletin
  • boss someone around
  • put something on
  • self-ordained
  • shove someone around
  • stick out for something

task | Intermediate English

Task | business english, examples of task, collocations with task.

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  • task (WORK)
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  • take someone to task
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  • take sb/sth to task (over sth)
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Definition of business

called also stage business

business , commerce , trade , industry , traffic mean activity concerned with the supplying and distribution of commodities.

business may be an inclusive term but specifically designates the activities of those engaged in the purchase or sale of commodities or in related financial transactions.

commerce and trade imply the exchange and transportation of commodities.

industry applies to the producing of commodities, especially by manufacturing or processing, usually on a large scale.

traffic applies to the operation and functioning of public carriers of goods and persons.

synonyms see in addition work

Examples of business in a Sentence

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'business.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Middle English bisynesse , from bisy busy + -nesse -ness

14th century, in the meaning defined at sense 10

Phrases Containing business

  • business card
  • business as usual
  • all that business
  • business day
  • business district
  • business class
  • business person
  • business meeting
  • business end
  • get down to business
  • do business with
  • go about one's business
  • do a roaring business / trade
  • family business
  • business suit
  • order of business
  • none of your business
  • out of business
  • take care of business
  • take one's business elsewhere
  • set up in business
  • risky business
  • ply for hire / business / trade
  • place of business
  • unfinished business
  • working / business breakfast
  • working / business lunch
  • the business end

business administration

  • big business
  • business cycle
  • business community
  • business page(s)
  • business is business
  • in the usual / normal / ordinary course of business
  • business hours
  • in the business of
  • business trip
  • make it one's business
  • like nobody's business
  • monkey business
  • stage business
  • business - to - business
  • the business
  • land - office business
  • open for business
  • in business
  • funny business
  • show business
  • none of someone's affair / business
  • mix business with pleasure
  • back in business
  • gone out of business
  • mean business

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Cite this entry.

“Business.” Merriam-Webster.com Dictionary , Merriam-Webster, https://www.merriam-webster.com/dictionary/business. Accessed 31 Mar. 2024.

Kids Definition

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Nglish: Translation of business for Spanish Speakers

Britannica English: Translation of business for Arabic Speakers

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Definition of a Small Business

Understanding small businesses, what are naics codes, importance of small businesses, small business resources, types of small business structures, the bottom line.

  • Small Business

What Is a Small Business? Definition, Characteristics, and Challenges

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Katie Miller is a consumer financial services expert. She worked for almost two decades as an executive, leading multi-billion dollar mortgage, credit card, and savings portfolios with operations worldwide and a unique focus on the consumer. Her mortgage expertise was honed post-2008 crisis as she implemented the significant changes resulting from Dodd-Frank required regulations.

business task definition

A small business is a company of relatively limited size, as measured by its revenue, number of employees, or both. Often described as the backbone of the U.S. economy , small businesses range from sole proprietorships to partnerships and corporations with multiple owners and sometimes hundreds of workers.

According to the U.S. Small Business Administration (SBA) , there are more than 33 million small businesses in the country today, employing close to 62 million Americans.

Key Takeaways

  • Small businesses are generally defined in terms of their revenue or number of employees.
  • The criteria for what’s considered small can vary from one industry to another.
  • The U.S. Small Business Administration (SBA) sets the revenue and employee limits for specific types of business.
  • Qualifying as a small business can make a company eligible for government contracts and other financial benefits.
  • Small businesses can structure themselves in a variety of ways for tax and legal purposes, including insulating their owners from financial liability.

Small businesses are typically defined by metrics such as their number of employees and their annual revenues.

For simplicity’s sake, the SBA’s Office of Advocacy generally defines one as “an independent business having fewer than 500 employees.” But, as explained in the next section of this article, under the SBA’s official standards, a small business can have as many as 1,500 employees, depending on the industry, and its annual revenue can range as high as $40 million.

Most small businesses, however, are truly small. In 2023, according to SBA data, close to 82% of small businesses in the United States were one-person operations, with no employees aside from the owner.

The federal government established the North American Industry Classification System (NAICS) in 1997. Its purpose, according to the U.S. Census Bureau, was to create a standard that federal statistical agencies could use in “classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.”

The NAICS assigns six-digit codes to businesses. The first two digits refer to the sector of the economy in which they operate, the next two to their particular subsector and industry . The remaining digits further narrow the type of business it is, to the point that NAICS codes can be highly specific. For example, an orange grove is a 111310, while an apple orchard is a 111331, and an advertising agency is a 541810, while a public relations agency is a 541820.

The NAICS codes do not differentiate between small and large businesses. For example, both a single-person ad agency and one with thousands of employees and offices all over the world would have the same six-digit number.

However, the Small Business Administration uses the codes and applies its own “size standards,” either in terms of annual receipts or number of employees, to determine what constitutes a small business within a particular field. The SBA defines annual receipts as the company’s total income or gross income plus cost of goods sold (COGS) .

For example, an orange grove qualifies as a small business if it takes in no more than $4 million annually, while an apple orchard can take in up to $4.5 million. An ad agency is small if its revenue is under $25.5 million, while a PR agency can only have revenue of up to $19 million and remain small by definition.

When the SBA divides businesses into small and large by the number of employees, the maximums can vary widely across industries. For example, a fruit and vegetable wholesaler can have no more than 100 employees and be considered small, while an aircraft manufacturer can have as many as 1,500. Generally speaking, 1,500 is about the maximum for any enterprise under current rules.

The SBA size standards are especially important for businesses competing for government programs or contracts, as explained below. The SBA website has a Size Standards Tool that businesses can use to see if they qualify as small under its criteria.

Most small businesses will have a primary NAICS code, but they may also have additional codes if they offer multiple products and services.

Small businesses are vital to the U.S. economy. In fact, by its definition, the SBA’s Office of Advocacy says small businesses constitute 99.9% of U.S. businesses overall. Together, they account for 43.5% of the country’s gross domestic product (GDP) and 39.4% of private-sector payrolls.

Small businesses also accounted for 62.7% of net new job creation from 1995 to 2023, the SBA says.

Small businesses that qualify are eligible for funding and other forms of assistance through the federal government, state and local governments, and private and nonprofit sources. Among the major ones:

The SBA doesn’t offer loans itself but provides guarantees to approved lenders, making it easier for small businesses to borrow money. SBA loans range from $500 to $5.5 million and can be used for working capital or to finance the purchase of fixed assets, such as machinery. The SBA also has a loan program for exporters.

Small-business grants , which normally do not have to be paid back, are harder to obtain than loans. The SBA doesn’t provide grants for starting or expanding small businesses, but the federal government has several grant programs for specific types of businesses. Two of them are the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program.

The U.S. Treasury Department, through its State Small Business Credit Initiative, also provides money to states, U.S. territories, and tribal governments, which they can then use to support small businesses in their area.

In addition, some state and local governments and a number of private corporations have their own grant-making initiatives aimed at encouraging small business.

Government Contracting

As the SBA points out, “The U.S. government is the largest customer in the world. It buys all types of products and services—in both large and small quantities—and it’s required by law to consider buying from small businesses.”

To facilitate that, the SBA offers programs to help small businesses compete for federal contracts, some targeting specific types of business owners, such as women, Native Americans, or military veterans. It also administers Small Business Development Centers in every U.S. state and territory, in conjunction with the private sector, educational institutions, and state and local governments. Their goal is to provide resources to current and would-be small business owners.

Small businesses can choose to structure themselves in a variety of ways for tax and legal purposes . Here are the common types, listed in relative order of complexity.

Sole Proprietorship

The simplest and most common type of small business, sole proprietorships can have only one owner. The owner doesn’t have to file a separate tax return but reports their business income (or losses) on a Schedule C form attached to their regular 1040 tax return.

Partnership

If two or more people want to own a business together, they can form a partnership. Partnerships come in two basic types: limited partnerships (LPs) and limited liability partnerships (LLPs) .

In a limited partnership, one person serves as the general partner and takes on most of the liability, or risk, for the company, while the other partner or partners have more limited exposure. In a limited liability partnership, all partners have limited liability. In both cases, the income from the business passes through to the owners, who report it on their individual tax returns.

Limited Liability Company

A limited liability company (LLC) can have one or more owners. As with the two types of partnerships, it is set up to reduce the owner’s or owners’ personal liability in the event of a lawsuit or other financial difficulty. LLC income can be reported on either an individual tax return or a business tax return.

Corporation

Corporations can also shield their owners from financial liability resulting from the actions of the business. There are two basic types: S corps and C corps .

S corps can have from one to 100 owners, who report their share of the company’s profits or losses on their individual tax returns. C corps, which are probably what most people think of as a corporation, can have a single owner or many thousands of them, in the form of shareholders. C corps file corporate tax returns, and any dividends they pay out are also taxable on the recipients’ individual tax returns, a situation sometimes referred to as double taxation .

Benefits of a Small Business

Small businesses can benefit their owners in a range of ways. The business is likely to be less bureaucratic than a large company, allowing its owner or owners a greater degree of autonomy. If the business is profitable, its owners also stand to benefit more directly than they would as employees of a larger enterprise.

Owning a business can also entitle a person to a long list of tax deductions for which might not otherwise be eligible. For example, if they work from home and maintain an office there, they may be able to write off a portion of their housing costs.

Challenges Facing Small Businesses

Running a small business isn’t for everyone. Just as owners stand to profit more if the business succeeds, they may suffer more financially if it fails. Many times, they will have put their life savings on the line.

Small businesses can face other challenges based on their size. They may find it harder to raise capital for expansion or other purposes. They may also have more trouble hiring employees in a tight labor market if they’re unable to offer wage and benefit packages that are competitive with their larger counterparts.

However, many small businesses manage to overcome the obstacles. Looking at the pre-COVID years of 1994 to 2000, the SBA reports that an average of 67.7% of new businesses survived at least two years. In other words, about a third of new businesses failed, but two-thirds made it that far. The five-year survival rate for that period was 48.9%.

How Many Employees Does a Small Business Have?

Depending on its industry, a small business can have as few as one employee to as many as 1,500 or so and still meet the U.S. Small Business Administration (SBA) size criteria. According to the most recent SBA figures, among small firms with paid employees (as opposed to sole proprietorships where the owner is the lone employee), the average number was 11.7.

What Are the Most Common Types of Small Businesses?

The most common type of small business by far is a sole proprietorship, with a single owner. Among the least common would be a C corporation, which is far more costly to set up and administer.

What Criteria Define a Small Business?

The SBA defines small businesses based on their revenues and numbers of employees, in accordance with their particular industry. They must also meet these general criteria, reprinted here verbatim:

  • Be a for-profit business of any legal structure
  • Be independently owned and operated
  • Not be nationally dominant in its field
  • Be physically located and operate in the U.S. or its territories

Why Are Small Businesses Important to the Economy?

Small businesses are of critical importance to the economy in large measure because of the jobs they provide. According to the latest SBA figures, small businesses employ nearly half of all private-sector workers (46.4%), or close to 62 million people. In addition, small businesses are often seen as more nimble than their larger counterparts, making them a major source of new innovations.

Small businesses play a big role in the U.S. economy. While they can be risky for their owners, they also hold the potential for significant financial rewards. In addition, studies have shown that small business owners are often happier in their jobs than people who work for others. A 2023 Pew Research Center study, for example, reported that “Most self-employed workers (62%) say they are extremely or very satisfied with their job, compared with 51% of those who are not self-employed.”

U.S. Small Business Administration, Office of Advocacy. “ Frequently Asked Questions About Small Business 2023 .”

Code of Federal Regulations. “ 13 CFR Part 121—Small Business Size Regulations: § 121.201 What size standards has SBA identified by North American Industry Classification System codes? ”

U.S. Small Business Administration, Office of Advocacy. “ Frequently Asked Questions: March 2023 ,” Page 1.

U.S. Census Bureau. “ North American Industry Classification System .”

Executive Office of the President, Office of Management and Budget, via U.S. Census Bureau. “ North American Industry Classification System: United States, 2022 ,” Pages 18, 25, and 61 (Pages 20, 27, and 63 of PDF).

Executive Office of the President, Office of Management and Budget, via U.S. Census Bureau. “ North American Industry Classification System: United States, 2022 ,” Page 74 (Page 76 of PDF).

U.S. Small Business Administration. “ Size Standards .”

U.S. Small Business Administration. “ Basic Requirements .”

U.S. Small Business Administration. “ Loans .”

U.S. Small Business Administration. “ Grants .”

U.S. Department of the Treasury. “ State Small Business Credit Initiative (SSBCI) .”

U.S. Small Business Administration. “ Contracting Guide .”

U.S. Small Business Administration. “ Grow Your Business .”

U.S. Small Business Administration. “ Office of Small Business Development Centers .”

U.S. Small Business Administration. “ Choose a Business Structure .”

Internal Revenue Service. “ Sole Proprietorships .”

Internal Revenue Service. “ Limited Liability Company (LLC) .”

Internal Revenue Service. “ Forming a Corporation .”

Internal Revenue Service. “ S Corporations .”

Internal Revenue Service. “ Topic No. 509, Business Use of Home .”

U.S. Small Business Administration, Office of Advocacy. “ Frequently Asked Questions: March 2023 ,” Page 3.

U.S. Small Business Administration, Office of Advocacy. “ Frequently Asked Questions: March 2023 ,” Page 4.

Pew Research Center. “ Self-Employed People in the U.S. Are More Likely than Other Workers to Be Highly Satisfied with Their Jobs .”

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COMMENTS

  1. What is a Business Process? Definition, Examples, and Advantages

    A business process is defined as a collection of business tasks and activities that when performed by people or systems in a structured course, produce an outcome that contributes to the business goals. A business process includes at least one of, but not limited to, the following elements: Task/ Activity. System. Employee (s) Workflow.

  2. What is a task? and how to get more of them done

    In project management, a task is a work item or activity with a specific purpose related to the larger goal. It's a necessary step on the road towards project completion. For example, it could be something as complex as a mobile app bug fix. Or it could be something as simple as photocopying the latest brochure for distribution.

  3. What is a task, an activity, a process?

    In terms of business management. From the perspective of a business manager, a task, an activity and a process mean specific things, but in every day discussion, they often get mixed up. When asked what they do at work on a daily basis, the majority of people would be able to describe, fairly easy & pretty accurately, what they do and how they ...

  4. What Is a Business Process?

    At its core, a business process is a repeatable collection of steps a company uses to accomplish a goal. Good processes are crucial to making progress toward your goals and improving your business's operations. The purpose of a business process is to help your company reach a specific target. If you want to accomplish things as a business ...

  5. Business process

    A business process, business method or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels and may or may not be visible to the customers.

  6. What is a Business Process? Key Components, Types & Examples

    Key components of a business process include process objectives, inputs and outputs, activities or tasks, resources, responsibilities, controls and timeline. The three types of business processes are core, support and management. The lifecycle of a business process has these key stages: design, modeling, execution, monitoring and optimization.

  7. Business Process Management: Template, Examples and Guide [2024] • Asana

    Examples of human-centric business processes: Hiring and onboarding. You can improve job postings, resume tracking, referrals—but there's a uniquely human element to hiring a new employee. From that first phone screen to the onsite interview, improving hiring processes focuses on human-centric BPM. Creative work.

  8. Examples of Key Business Tasks

    Some key business tasks are even ongoing. Creating a Business Plan. Department directors and managers usually create business plans prior to the start of a new fiscal year. They outline all the ...

  9. What Is Task Management? 10 Key Tools and More

    What is task management? Task management is the process of effectively and efficiently tracking, managing, and executing the life cycle of a task or many tasks within a project, from inception to execution. The purpose of task management is to improve the decision-making, communication, efficiency, and effectiveness of a task or project.

  10. what is a task in a business process

    Task Definition and Importance in Business Processes. In the realm of business processes, a task refers to a specific unit of work or action that needs to be accomplished to achieve a particular goal or outcome. These tasks are the building blocks of the overall process, contributing to the efficient and effective completion of projects or ...

  11. Task Definition & Meaning

    task: [noun] a usually assigned piece of work often to be finished within a certain time. something hard or unpleasant that has to be done. duty, function.

  12. What Is a Managerial Task? (With Definition and 12 Examples)

    12 examples of managerial tasks. The task categories of planning, organizing, staffing, leading and controlling each include a variety of specific duties. If you'd like to learn more about what a manager does, you can use this list of 12 common managerial tasks to get started: 1. Motivating team members. This managerial task is part of the ...

  13. Business Process Definition: A Complete Guide + 9 Examples

    It uses flowchart symbols to showcase how the tasks can be completed. Business process diagrams can benefit your organization as they give you a look at how an entire process works. This can be crucial to identifying inefficient tasks or errors. Business Process Design. Business process design refers to the creation of a new process.

  14. The BPM Task Defined in Context

    A business task definition does not originate as a product of classic business analysis or systems development. This is because these domains lack the concepts of human participation (activity theory) and measure (quantifying effort specifically as a "unit of work"). Classic business and systems analysis typically lead to requirements ...

  15. Business Development: Definition, Strategies, Steps & Skills

    Business development is a process aimed at growing a company and making it more profitable and successful. Here is how it works.

  16. What is business management? A comprehensive guide

    Business managers play a vital role in handling day-to-day tasks for a business. However, at the same time, they also need to focus on the bigger picture. ... Definition: A business Administrator is responsible for running a business's day-to-day operations. The business manager focuses more on overall leadership to help an organization grow.

  17. TASK

    TASK definition: 1. a piece of work to be done, especially one done regularly, unwillingly, or with difficulty: 2…. Learn more.

  18. What is Business Strategy? Definition, Importance, Levels, and Examples

    Corporate level strategy is a long-range, action-oriented, integrated, and comprehensive plan, which is formulated by the top management of a company. It is very helpful to ascertain business lines, expansion, growth, takeovers and mergers, diversification, integration, and the latest fields for investment.

  19. What Does a Business Data Analyst Do? 2024 Career Guide

    Some tasks you might see in a business data analyst job description are: Develop and deploy dashboards to collect data-backed insights. Interpret key business data sets. Deliver insights on potential areas of growth, optimization, and improvements. Support business intelligence strategies with quantitative analysis.

  20. TASK

    TASK meaning: 1. a piece of work to be done, especially one done regularly, unwillingly, or with difficulty: 2…. Learn more.

  21. business task

    tmClass. Professional business consultancy regarding the disposal and recovery of waste, including diapers, and secondary raw materials and regarding other environmentally relevant professional business tasks. tmClass. duty (n.) 1 a devar; b business; task charjanz; c task; work jebber; d shift; watch kardhweyth; e shift; contribution rann; 2 ...

  22. Business Definition & Meaning

    business: [noun] a usually commercial or mercantile activity engaged in as a means of livelihood :trade, line. dealings or transactions especially of an economic nature :patronage.

  23. What Is a Small Business? Definition, Characteristics, and Challenges

    Definition of a Small Business. A small business is a company of relatively limited size, as measured by its revenue, number of employees, or both. Often described as the backbone of the U.S ...

  24. Business task definition and meaning

    business. noun. A commercial or industrial enterprise and the people who constitute it. task. noun. Any piece of work that is undertaken or attempted.