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Purpose: The aim of the article is to portray process improvement as a key element of contemporary organizational management, along with a detailed analysis of the economic and organizational consequences of this process. Additionally, the article aims to precisely identify the main criteria for process improvement in organizations and position this process within the context of process management systems. Design/methodology/approach: The objectives of the article were achieved through conducting thorough literature reviews, allowing for the presentation of detailed information regarding specific economic and organizational effects of process improvement. The literature analysis also facilitated the precise placement of the process of improvement within the context of process management systems, enhancing the theoretical and practical value of the presented conclusions. Findings: The author of the article outlined the impact of process improvement on the functioning of an organization and provided a detailed analysis of its economic and organizational consequences. Additionally, based on a literature review, the author identified the specific role of process improvement within the framework of process management systems. Originality/value: The originality of the article lies in its detailed focus on the specific economic and organizational effects of process improvement, while concurrently presenting a precise placement of this process within the context of process management systems.
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