A business process is a formal representation of the work done by people and systems of an organization and its partners, and is aimed at providing a product or service to internal or external customers. Business Process Management (BPM) is the art of formalizing and automating business processes.
BPM is a systematic approach to improving an organization's business processes. BPM activities seek to make business processes more effective, more efficient, and more capable of adapting to an ever-changing environment. BPM is a subset of infrastructure management, the administrative area of concern dealing with maintenance and optimization of an organization's equipment and core operations.
BPM covers activities performed by organizations to manage and, if necessary, to improve their business processes. While such a goal is hardly new, software tools called business process management systems (BPM systems) have made such activities faster and cheaper. BPM systems monitor the execution of the business processes so that managers can analyze and change processes in response to data, rather than just a hunch.
In short, Business Process Management is a management model that allows the organizations to manage their processes as any other assets and improve and manage them over the period of time. In a medium to large organization scenario, a good business process management system allows business to accommodate day to day changes in business processes due to competitive, regulatory or market challenges in business processes without overly relying IT departments. This strikes a fine balance between dynamic business areas that want to avoid every risk and grab every opportunity on their way through agile changes in their way to business but are very often restricted by a very stable and hard to change IT infrastructure.
BPM is a systematic approach to improving an organization's business processes. BPM activities seek to make business processes more effective, more efficient, and more capable of adapting to an ever-changing environment. BPM is a subset of infrastructure management, the administrative area of concern dealing with maintenance and optimization of an organization's equipment and core operations.
BPM covers activities performed by organizations to manage and, if necessary, to improve their business processes. While such a goal is hardly new, software tools called business process management systems (BPM systems) have made such activities faster and cheaper. BPM systems monitor the execution of the business processes so that managers can analyze and change processes in response to data, rather than just a hunch.
In short, Business Process Management is a management model that allows the organizations to manage their processes as any other assets and improve and manage them over the period of time. In a medium to large organization scenario, a good business process management system allows business to accommodate day to day changes in business processes due to competitive, regulatory or market challenges in business processes without overly relying IT departments. This strikes a fine balance between dynamic business areas that want to avoid every risk and grab every opportunity on their way through agile changes in their way to business but are very often restricted by a very stable and hard to change IT infrastructure.
6 comments:
BPM is the art of formalizing and automating business process of organizatioin. This is systematic approach to improve organization's competitiveness (more effective, more efficient and more capable of adapting to ever changing environment). Though this is very short artical posted by Mr Ujwol i do hpoe that we can expect more on BPM in coming days.
The article BPM describes briefly about the elctronic management system which is specially used for the process management of operation and maintenance.
Though the article is too lengthy it gives details knowledge on how Business Process Management (BPM) tools are designed to provide for such agility by facilitating the creation and execution of highly transparent and modular process-oriented workflows that meet the operational performance standards IT organizations demand.
Effect of bpm on operation of organisation is explained
good information about bpm is given which helps us to know about what bpm stands for and its objectives like how it helps to make business process more effective,efficientand more capable of adapting to the changing environment
"Thanks for sharing the post. The article gives a detail information on BPM. BPM have unfolded in large enterprises, managing business processes is critical for any sized organization that would benefit from greater visibility into and control over the processes that support their business goals."
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