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Money Creation Fractional Reserve System Federal Flow

Category : Flow Chart.
Topic : Federal reserve system flow chart. Author : Randkin Paul.
Posted : Sun, Dec 01st 2019 14:24 PM.
Format : jpg/jpeg.

The first task in developing a procedure is to prepare a flowchart of the current practice. This is done with the active contribution of staff who do the task or know most about the task. The procedure author/facilitator leads the group and prepares a rough flowchart of the current process. The flowchart emerging in the meeting should be rich in detail through the contributions of all participants, but will also be a mess -- marked up with deletions, changes, and notes added as a result of the groups inputs. Seldom can this be done in one meeting unless the process is simple. All participants should bring any work instructions and check sheets that they use or have concerning the process to the meeting for reference and use in the discussion and to be included in the project file for future reference.

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