Process Management and Its Financial Impact on Industrial Companies in Ecuador and Latin America

This article analyzes process management and its financial impact on industrial companies in Ecuador and Latin America. Through a literature review and case analysis, process management practices, their benefits and challenges, and how these practices influence the financial results of companies are explored. It highlights the key aspects that contribute to improving operational efficiency and profitability, providing recommendations for successfully implementing process management in the industrial sector.

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Publication Details

Journal
Evolutionary Studies in Imaginative Culture
Published
2024-09-05
DOI
https://doi.org/10.70082/esiculture.vi.907
Primary Topic
Business, Innovation, and Economy
Type
article
Field-Weighted Citation Impact
0.00
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article

Process Management and Its Financial Impact on Industrial Companies in Ecuador and Latin America

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Process Management and Its Financial Impact on Industrial Companies in Ecuador and Latin America

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article en

Abstract

This article analyzes process management and its financial impact on industrial companies in Ecuador and Latin America. Through a literature review and case analysis, process management practices, their benefits and challenges, and how these practices influence the financial results of companies are explored. It highlights the key aspects that contribute to improving operational efficiency and profitability, providing recommendations for successfully implementing process management in the industrial sector.

Evolutionary Studies in Imaginative Culture
University of Guayaquil (EC), Universidad de las Américas (NI), Universidad Estatal de Milagro (EC), University of the Americas (CL)
Openalex Percentile: Top 81%
Business, Innovation, and Economy
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