Thedarkninja001
Business process management (BPM) has been referred to as a "holistic management" approach[1] to aligning an organization 's business processes with the wants and needs of clients. It promotes business effectiveness and efficiency while striving for innovation, flexibility, and integration with technology. BPM attempts to improve processes continuously. It can therefore be described as a "process optimization process." It is argued that BPM enables organizations to be more efficient, more effective and more capable of change than a functionally focused, traditional hierarchical management approach. [2] These processes are critical to any organization,[citation needed] as they can generate revenue and often represent a significant proportion of costs. As a managerial approach, BPM sees processes as strategic assets of an organization that must be understood, managed, and improved to deliver value-added products and services to clients. This foundation closely resembles other Total Quality Management or Continuous Improvement Process methodologies or approaches. BPM goes a step further by stating that this approach can be supported, or enabled, through technology to ensure the viability of the managerial approach in times of stress and change. In fact, BPM offers an approach to integrate an organizational "change capability" that is both human and technological. As such, many BPM articles and pundits often discuss BPM from one of two viewpoints: people and/or technology.
BPM or Business Process Management is often referred to[by whom?] as 'Management by Business Processes '. The term "business" can be confusing as it is often linked with a hierarchical view (by function) of a company. It is therefore preferable to define BPM as "corporate management through processes". By adding BPM the second meaning of 'Business Performance Management ' used by Pr Scheer [3] in his article "Advanced BPM Assessment",[4] BPM can therefore be defined as "company performance
BPM or Business Process Management is often referred to[by whom?] as 'Management by Business Processes '. The term "business" can be confusing as it is often linked with a hierarchical view (by function) of a company. It is therefore preferable to define BPM as "corporate management through processes". By adding BPM the second meaning of 'Business Performance Management ' used by Pr Scheer [3] in his article "Advanced BPM Assessment",[4] BPM can therefore be defined as "company performance
References: Gartner 's latest Magic Quadrant (published September 27, 2012) identifies 10 core components of an intelligent BPM suite, including predictive analytics and robust rules management. [edit]Practice