Weak supply chain agility, poor management visibility and control, inefficient productivity and utilization of resources, and inadequate risk management are the results of poor processes. Slow delivery of IT solutions to improve these process problems results in lost...
More and more corporations are realizing the benefits of separating and externalizing their business rules from code, documents and even people’s heads. Fortunately, there are business rule harvesting methods (such as KPI STEP™) and BRE technology that is in place today that assist corporations in documenting, analyzing and implementing business rules in a separate technology. One critical issue to address is where an organization will store the business rules aimed at the business audience. What tools should they use for their source rule repository?
The market for Bus Process Mgt Suite (BPMS) tools is still an early, emerging market with over 150 software vendors vying for leadership. Typical of emerging markets, there will be multiple waves of consolidation over the next 2-5 years, as buyers become savvier and...
Business rules, whether they are stated explicitly or implicitly, contain all of your organization’s business knowledge. Expressing and defining your business rules will allow the most benefit from a BPM initiative.
Barbara von Halle is the founder of Knowledge Partners, a company specializing in business rules services. Her most recent book, “Business Rules Applied” is the first book to contain a systematic approach for delivering business rules systems.
Organizations today are constantly reviewing IT projects to focus on those projects that will provide value to the success of the business. In addition, there are external pressures affecting business projects, such as the increasing rate of business change due to mergers and acquisitions, intense global competition, the opportunity and challenges of offshore systems development, and strict regulatory requirements such as the Sarbanes-Oxley Act, the USA PATRIOT Act and HIPAA. These increasing business pressures have led to the growing adoption of a business rules approach across industries.
How does a conservative government organization fast track a paradigm shift? One method that has worked well is to keep the change process so simple that the lure of it is irresistible. This is precisely how it happened at the New York State and Local Retirement System (NYSLRS). The paradigm shift is one towards Business Rule Management (BRM). The change process is the User-defined Function Approach (UDFA). The measurement of success was provided by Barbara von Halle, founder of Knowledge Partners, Inc (KPI).
Before the advent of business process management systems (BPMS), there was a clear distinction between business process modeling and BPM application design. “Modeling” involved a set of tools for business analysts used to discover, diagram, analyze, and optimize business processes, often in concert with some formal methodology. The ultimate output of this effort, if used to create an automated BPM solution at all, served mainly as a “requirements document” that would (hopefully) be referenced by IT in the solution specification and design.
Companies seeking to incorporate BPM into their culture are integrating and optimizing end-to-end business processes that span traditional IT systems’ boundaries. This trend mandates the adoption of process orientation and the exploration of BPM as a technology to orchestrate, optimize and increase the flexibility of business processes along with the overall integration strategy of the organization. However, the current BPM space is not mature, and getting started is difficult.
Many enterprises are chasing the dream of real-time operations to contend more effectively in a hyper-competitive market. This dream entails flexible business processes, just-in-time products, and on-demand services that are all driven by marketplace events and shifting customer demands. This dream is impossibly expensive to achieve without software to automate the processes and functions that make up a business’ engine. The trick is to shrink software development and integration times to next to nothing and making operational management efficient.
This interview originally appeared in the members only BPM Strategies Magazine. Join today to receive your own copy.
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