- published: 20 Oct 2015
- views: 114949
Business Process Improvement (BPI) is a systematic approach to help an organization optimize its underlying processes to achieve more efficient results. The methodology was first documented in H. James Harrington’s 1991 book Business Process Improvement. It is the methodology that both Process Redesign and Business Process Reengineering are based upon. BPI has been responsible for reducing cost and cycle time by as much as 90% while improving quality by over 60%.
Sir Ratan Naval Tata KBE (Gujarati: રતન નવલ ટાટા; born 28 December 1937) is an Indian businessman who became chairman (1991– ) of the Tata Group, a Mumbai-based conglomerate. He is a member of a prominent family of Indian industrialists and philanthropists (see Tata family).
Among many other honours accorded him during his career, Tata received the Padma Bhushan, one of India’s most distinguished civilian awards, in 2000 and Padma Vibhushan in 2008. He has also been ranked as India's most powerful CEO.
Ratan Tata was adopted to famous Tata , a prominent family belonging to the Parsi community. Ratan is the grandson of Tata group founder Jamsedji Tata. His childhood was troubled, with his parents separating in the mid-1940s when he was merely seven and his younger brother Jimmy was five years old. Their mother moved out and both Ratan and his brother were raised by their grandmother Lady Navajbai.
Tata started his schooling at Campion School and finished at Cathedral and John Connon School both in Bombay. Ratan Tata completed his B.S. in architecture with structural engineering from Cornell University in 1962, and the Advanced Management Program from Harvard Business School in 1975. He is a part of the Alpha Sigma Phi fraternity.