business process management
definition
is a field in operations management that focuses on improving corporate performance by managing and optimizing a company business processes
benefits
increase identification of potential areas of optimisation
reduce lead times
increase ability to be able to be able to identify bottlenecks
better definition of duties and roles in company
increase visibility of a company's activity
good tool for fraud prevention, auditing, and assessment of regulation compliance
lifecycle
3. define
4. execute
2. assess
5. optimise
1. envision
analyze in detail the current state of enterprise
set business goal, clarify problem, develop a vision for BPM solution
processes & IT architecture are modeled, built, integrated, assembled, deployed and monitored
now extended to human-driven processes in which human interaction takes place in series or parallel with the used of technology (workflow management systems)
process can be simulated to identify potential bottleneck, and define future steady state
critical success factor (offer testing online), key performance indicator (measure the success, number of students sign up)
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