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Business Process Management – A Catalyst Between Business & IT

18

Category : Business

4566777486 80a58a0e79 m Business Process Management   A Catalyst Between Business & IT

Introduction

 Business Process Management, a new tool or technique of Management which helps to curtail the gap between the booming business and irresistible IT – Information Technology. In this article I will give a glimpse about the utility of Business Process Management. 

 This is an era of competition, stiff indeed. No duopoly but a complete full phased oligopoly where the mantra is “survival of the fittest”. Organizations across the world are desperately seeking for skills, more flexibility and above all productivity.

 The ever rising software industry is sought for better, durable and adaptable software applications. The omnipresence of the above will only help this IT to reach into the zenith. BPM vis-à-vis Business Process Management has come out as a messiah and helping this industry to attain those above mentioned attributes. 

 BPM, therefore, may be defined as a tool and practice of enhancing the efficiency, effectiveness, and operational dexterity of an organization by automating, optimizing, and managing its business process. It further enables business processes to be planned and designed independently of any solitary application and then leveraged as shared business logic. 

 Before going for further explanation, let us give a light about Business Process. 

Business Process 

 Before knowing about the Business Process Management, first of all we have to have a little bit of knowledge about Business Process.  

 According to Wikipedia a “Business Process is a collection of interrelated tasks, which solve a particular issue”.

 A Business Process can be further decomposed into various sub processes, which possesses their own merits. The analysis of Business Process typically includes the mapping of processes and sub-processes down to activity level.

 In the 1990s, US corporations, and many companies all over the world, started the concept of reengineering whichb is an attempt to re-achieve the competitiveness that they had lost during the previous decade. One of the crucial characteristic of Business Process Reengineering (BPR) is the focus on business processes. Davenport (1993) in this regard defines a (business) process as:

 ”a structured, measured set of activities designed to produce a specific output for a particular customer or market. It implies a strong emphasis on how work is done within an organization, in contrast to a product focus’s emphasis on what. A process is thus a specific ordering of work activities across time and space, with a beginning and an end, and clearly defined inputs and outputs: a structure for action. … Taking a process approach implies adopting the customer’s point of view. Processes are the structure by which an organization does what is necessary to produce value for its customers.”

 Apart from Davenport, Rummler & Brache (1995) used another definition that clearly encompasses a focus on the organization’s external customers. It states that

 ”a business process is a series of steps designed to produce a product or service. Most processes (…) are cross-functional, spanning the ‘white space’ between the boxes on the organization chart. Some processes result in a product or service that is received by an organization’s external customer. We call these primary processes. Other processes produce products that are invisible to the external customer but essential to the effective management of the business. We call these support processes.”

 Above all Business Process is one that helps us to define, automate,  implement, manage and smoothen business process in an organization. 

 What exactly Business Process Management is ?

 Wikipedia says BPM “is a field of knowledge at the intersection between management and information technology, encompassing methods, techniques and tools to design, enact, control, and analyze operational business processes involving humans, organizations, applications, documents and other sources of information”.

 In nut-shell Business Process Management is nothing but a management model that helps the organizations to manage their processes as any other assests and enhance and further manage them over the period of time. In every medium and large scale organizations, a competent Business Process Management System enables business to accommodate day to day activities and changes in business processes because of immensely competitive, regulatory or market challenges in business processes.

 Moreover Business Process Management provides goverenance of a business’s  process atmosphere to improve agility and operational performance.

 The Life-cycle of Business Process Management

 The overall activities of BPM can be shortlisted in the following names:

a) Process Design

b) Process Modeling

c) Process Execution

d) Process Monitoring &

e) Process Optimization 

 Now let us give a glimpse about the above mentioned systematic phase of BPM alias Business Process Management.

 Process Design:  It is the most important ingredient of BPM. It is basically documentation of design in the forms of Process Map/Flow, Actors, Alerts & Notifications, Escalations, Standard Operating Procedures etc. For example if somebody plans to construct his/her sweet home, he first goes to the professional architect for drawing the design of the same in a scientific and most rational way. If the design is good, definitely the first lap of the marathon has been run successfully. A good design reduces the number of obstacles over the lifetime of the process. 

 Process Modeling:  Process Modeling is another important step which takes the process design and further introduces different cost, resource, and other constraint scenarios to determine how the process will undergone under various circumstances.

 Process Execution: Once the design and modeling part are over then and only then this phase has become due – the process execution. Execution is nothing but to implement the above mentioned parts namely designing and modeling.

 Process Monitoring: Monitoring is basically the tracking of individual processes by which the information on their state can be easily visible. For example it helps to determine a consumer or customer order which includes coming of order, delivery notice, invoice, payment option etc. so that anything pertaining to this can be detected easily resolved.

 Process Optimization:It is a retrieving process performance information from modeling or monitoring phase and identifying the potential of the project. Cost savings and other improvements that can be properly applied in design and modeling are the key things in this optimization phase. 
 

 Advantages of Business Process Management

 BPM has got many attributes. These days it has almost become an utmost for the booming IT vis-à-vis software industry. From BPM the organizations derive multifaceted benefits. This includes:

a) Increased customer retention;

b) Reduced process time;

c) Improved regulatory compliance:

d) Improved efficiencies across organizational boundaries;

e) Create new IT assets and further use of those;

f) More personal productivity and satisfaction;

g) Reduced risk;

h) Increased agility

Challenges associated with BPM

 A successful BPM requires both short and perfect long term planning and goal setting. And that has to be properly designed, optimized and executed. Without clear alignment on the goals BPM cannot be successful.

  Both the business analyst and the IT developer must ensure that the selected BPM system fits with existing systems and is capable of supporting current business practices. One of the primary goals is to integrate processes across people and systems. Moreover the BPM solution should be flexible enough to ensure that integration efforts can meet across the divide that has traditionally separated business and IT, otherwise it will fumble and the whole process will crumble into pieces.

   Conclusion

     Above all it is crystal clear that the importance and utility of BPM is unquestionable, and it further acts as a bridge between business and IT. Besides, a competent catalyst between business and IT. The only part needs to be taken care of – is proper planning, designing, modeling, implementation and optimization. If these are ok, success is guaranteed not warranted

Watch the video related to business

Artist: The Business Song: Drinking and driving Album: Suburbian Rebels Country: United Kingdom Genre: Oi!/punk rock

Help answer the question about business

Do you think a fee based business acquaintance service can be a profitable industry?
Everyone has some business acquiantance that can help others to do successful business.

How to let all of them know each other.

Fee based business acquitantance service may do it.

Big business service ? Profitbale business service ?

Let me know.

Great thanks.

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Comments (18)

Hi,

i have found a site to be usefull, just check this out

you've got it back to front. First you look for a niche in the market that needs to be addressed or you note a shortage of demand. If you are not addressing these keep your money in your pocket.
Business opportunities come from hobbies expanded, new technology (e.g. become the Blue Ray expert), niche markets e.g. something a cultural group wants or needs, changes in law create opportunities for experts to emerge, changes in demographics e,g, more children in the area.

Look around. Ask people around you.

How to start will depend on the idea – some businesses start part time until they get enough customers to move on – some start as web based businesses and others just have to bite the bullet and go bigtime. Whatever you do please do a business plan before you start – work out the details on profitability, time needed to make it work etc before you commit any money to the idea.
Need a great business plan format try. http://www.australiansmallbusiness.com.au/Easy-Business-Plan-Pack-p-16143.html

He just says 1,2,3,4 and the little kids turn into top notch studio musicians with adult singing voices. David Cassidy doesn’t even sing on this one.

yeas, this was the original theme

Also, didn’t realize the theme song had a different variation on it. Apparently it changed as time went on??

They just put the Brady Bunch back on because of it’s 40th Aniversary or whatever, i’ve been watching it like everyday XD

You need to keep accurate records when running a business. This will be your best defense if you ever get audited.

For IRS purposes, you need to make a profit every 3 out of 5 years to have the IRS prove that you are not running a business. Otherwise, it is up to you to prove that you are running a business and not doing a hobby. You can prove that you are running a business by keeping your business accounts and personal accounts separate.

You can write off any legitimate business expense including dinners with clients, car expenses, equipment, etc.

Having a separate checking account and credit card is a good idea. However, it isn't necessary. You can comingle your business and personal expenses using your personal accounts. But, if you do this, then it will be harder for you to prove that you are running a business.

For your revenues, you don't need a corporate account to make you deposits. You just need to make the deposits in your separate account that you use for business.

You can read Publication 334 for more information.

Hmmm. Interesting.. It says this was directed by Jerry Paris. Jerry Helper on Dick Van Dyke Show.. I understand he did quite a bit of directing, and on other shows as well..

business school is the right field to study, if you choose your college carefully, some have an entrepreneurship track/program

Hiiiiiii..
I think you have to choose the Marketing section in Human Resource Management(HRM) because in marketing you get the nice job in the good reputed company on a high post..

wow. Its Danny Bonaduce before steroids. Hes much calmer!

Yes, the courses you speak of will help you to become a Business Analyst.

A BA can be on the client side or the IT side. If on the client side, they are interfacing with work group domains that process the work and review what they need. They generate requirements and then work with the IT side to update or generate processes and applications to fullfil the business needs.

If you're a BA on the IT side of the house, then you're taking all the requirements and developing processes and application solutions. Your job is to work with the client to generate a business solutions document (there are many names for it) and get signoff. Then, you need to make sure that solution becomes reality by working with systems analysts, programmers, and testers. You're generally responsible for the delivery of the solution. Although, if the solution revolves around process changes with other work group domains, you normally work with a PM (Project Manager). Never the less, you have end to end responsibilities for the IT delivery to insure the client gets what they need (and paying for).

With the offshoring of work to cheap labor, to remain associated with software development, the BA role is a good profession.

How about a book store, if you are looking retail?

I cant say if it would work in your town, you need to do marketing research to see what would succeed in your town.
Also in business .. Location, Location, Location is VERY important to success .. not only do you need the right business, you need the right location ..

Passion, YES .. you do have to work long hours but passion because you believe in what you are doing.
I work from home and have the utmost compassion and belief for what I do, I believe that is what brings me success ..

If you don't like books, don't like to read .. then a book store probably wont make sense. Did deep .. Only you know what you really want to do.

GL!

The requirements vary according to your state. Call the business license office for your county and just ask them if you need a business license to operate an internet store. I live in Georgia, and in my county, you do.

You can't post a Proposal for Sale of Business here. It is a comprehensive document similar to a business plan with dozens to hundreds of pages. Contact a broker like VR Business Brokers and see if you can get help. Yours is a unique business driven by personal contacts and is not easily sold.

my dad bought two seasons of the partridge family and the first season of the monkees. now i’m becoming the female version of my dad when he was my age.

we’re happy to see that we’ve gained some new fans, keep tuning in!

They don’t show the Brady Bunch or The Partridge Family any more.
I remember the Brady Bunch used to be on Tvland(like you said) and The Partridge family was on ION along with The Monkees.

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