100+ Terms

Operations Glossary

Comprehensive glossary of operations, process management, and business terms. Clear definitions, practical examples, and context for Australian businesses.

C

Continuous Improvement

An ongoing effort to incrementally improve products, services, or processes over time through small, sustained changes.

Change Management

A structured approach to transitioning individuals, teams, and organisations from a current state to a desired future state.

Cycle Time

The total elapsed time from the start of a process or task to its completion.

Capacity Planning

The process of determining the production capacity needed to meet current and future demand for products or services.

Corrective Action

Steps taken to eliminate the root cause of a detected non-conformance or problem to prevent its recurrence.

Compliance Framework

A structured set of guidelines, policies, and controls that ensures an organisation meets its legal, regulatory, and ethical obligations.

Cross-Functional Team

A group of people with different functional expertise working together toward a common goal.

Coaching Framework

A structured model that guides leaders in developing their team members' skills, performance, and potential through regular coaching conversations.

Customer Relationship Management (CRM)

Software that manages all interactions with current and potential customers, centralising contact information, sales pipeline, and communication history.

Collaboration Platform

Software that enables teams to communicate, share files, co-create documents, and coordinate work in real time, regardless of location.

Customer Satisfaction Score (CSAT)

A metric that measures how satisfied customers are with a product, service, or interaction, typically on a numerical scale.

Critical Path

The longest sequence of dependent tasks in a project that determines the minimum project duration.

Competency Framework

A structured model that defines the skills, knowledge, behaviours, and attributes required for effective performance in each role within an organisation.

Cash Flow Management

The process of monitoring, analysing, and optimising the timing and amounts of money flowing in and out of a business.

Chain of Custody

A documented, unbroken trail that records the handling, transfer, and storage of materials, samples, or evidence from origin to final destination.

Clinical Governance

A framework through which healthcare organisations are accountable for continuously improving the quality of their services and safeguarding high standards of patient care.

P

Process Documentation

The practice of recording detailed descriptions of business processes so they can be understood, followed, and improved by anyone in the organisation.

Process Mapping

A visual technique for documenting every step in a business process using flowcharts, swimlane diagrams, or similar tools.

Process Flow

The sequence in which steps, decisions, and handoffs occur within a business process.

Process Automation

The use of technology to perform recurring tasks or processes with minimal human intervention.

Project Management Tool

Software that helps teams plan, execute, track, and report on projects by providing task management, scheduling, collaboration, and reporting features.

Performance Management

An ongoing process of setting expectations, monitoring progress, providing feedback, and developing employees to achieve organisational and individual goals.

Probation Period

A defined trial period at the start of employment during which the employer and employee assess suitability for the role.

Performance Improvement Plan (PIP)

A formal, documented process that outlines specific performance deficiencies, improvement targets, support measures, and a timeline for an underperforming employee.

Purchase Order (PO)

A formal document issued by a buyer to a seller that specifies the goods or services to be purchased, quantities, agreed prices, and delivery terms.

Payroll Processing

The end-to-end process of calculating employee pay, withholding taxes and deductions, and distributing wages accurately and on time.

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