As the world’s marketplaces become increasingly more global, business competition reaches new extremes.
Business Process Management (BPM) has become a leading technology to better businesses process efficiencies. As part of all processes, important decisions are made. Business rules sharpen these decisions in both their accuracy and in their ability to derive better decisions to further enhance business agility.
As the world’s marketplaces become increasingly more global, business competition reaches new extremes.
In today’s volatile business climate, agility and flexibility are two requirements for survival. Companies must be able to react to changing market pressures or new market opportunities faster than the competition to ensure their success and many are turning to Business Process Management (BPM) software to accomplish this by optimizing existing processes and automating new ones.
Organizations typically undertake periodic process improvement that are focused on specific business processes and may or may not align with the business strategy. In order to realize all the benefits of sometimes disparate BPM efforts, there needs to be an ongoing, organization-wide effort to assess and measure the results and continue to use the successful implementations. A process portfolio is the answer.
By: Bob Curtice, Associate Researcher, Institute for Process Management - Babson College
Organizations typically undertake periodic process improvement that are focused on specific business processes and may or may not align with the business strategy. In order to realize all the benefits of sometimes disparate BPM efforts, there needs to be an ongoing, organization-wide effort to assess and measure the results and continue to use the successful implementations. A process portfolio is the answer.
Bob Curtice is Vice President of Performance Improvement Associates. He was previously Vice President of Arthur D. Little, Inc.
By: Bruce Silver, Principal, Bruce Silver Associates
In the BPM world, like the world in general, standards are like motherhood and apple pie. Vendors and buyers alike are vociferous in their support. After all, standards reduce the costs of vendor lock-in, simplify training and support, reduce risk of vendor failure, facilitate component integration and reuse, support interoperability of systems and processes, expand the choice of compatible technology, and promote agility in a changing world.
The core of a business's integrity lies within its policies and rules and their management. The rules must be separated business processes if an organization is to know what the rules are, where the rules guide business decisions, and anticipated business impact when rules change. This presentation offers a practical approach for integrating a business rules approach, especially where BPM and BRE technology come together.
By: Janet K. Wall, President, Knowledge Partners, Inc.
Businesses today are confined by budget and time more than ever, which in turn affects the projects that are approved. IT and business organizations must review each project to ensure that it will provide value to the overall business to attain business objectives.
By: Jon Huntress, Special Events Correspondent, BPM Institute
Barbara von Halle is the founder of Knowledge Partners, a company specializing in business rule services. Her most recent book, "Business Rules Applied" is the first book to contain a systematic approach for delivering business rules systems. It was a finalist in the 2002 Jolt Awards from Software Development Magazine.
As organizations confront increasing complexity in their business environments, business leaders seek out technologies that allow them to automate, monitor, and optimize key processes across the enterprise. The ability to quickly develop business rules that not only define how these processes are executed, but also to drive customized user interfaces, tasks, monitoring, and automated processes have become key elements in business process management (BPM) application development.
By: Bill Chambers, Principal Analyst, Doculabs
For many people hearing the term “BAM,” the first thing that comes to mind is “business activity monitoring.” But for leading organizations and providers of business process management (BPM) solutions, BAM means something more; it means “business activity management.”
For too long, BAM has been relegated to the role of monitoring real-time transactions and events. But monitoring is only one part of managing the activity of your business.