The importance of having an efficient system of business processes to drive an organization may seem like basic principle. If a business isn’t running efficiently, it may not be realizing or maximizing its financial, market coverage or other strategic goals. In a recent survey of 1,400 CIOs by Gartner Executive Programs, the top business priority identified by CIOs was business process improvement1. For individuals or organizations that are being asked to investigate process improvement, Business Process Management or BPM is a term that frequently associated with the process improvement. Unfortunately, BPM sometimes seems to have as many different meanings. Which definition is correct and how can BPM be applied to help achieve process improvement goals?
How BPM+ and BPM Work Together for Enterprise-Wide Success
For many organizations, Business Process Management (BPM) focuses on mapping existing workflows, identifying bottlenecks, and boosting efficiency. Yet as operations grow more complex—especially in regulated industries such as healthcare, finance, or government—some...