Determining The Efficient Tool For Business Process...

Deciding the Efficient Tool for Business Process Management in Organizations Using Analytical Hierarchical Process Sravani Vadali Engineering Management University of Houston – Clear Lake Introduction to Business Process Management Business process management (BPM) is a management approach to make an enterprise’s activities and tasks to be more accurate, more competent and more efficient in adapting to the ever-changing needs of business. BPM is a far-reaching merging of Business Process Reengineering, Business Process Improvement, and Business Management strategies and procedures that are intended to convey both quick and long†term change. BPM is a structured approach to analyze and continually improve fundamental activities such as†¦show more content†¦It is good to consider an organization as a system because a system links inputs and outputs and the flow of information from one point to the other. Organizations also focus on cross-functional teams and it is a combination of complex resources. Organizations have a need which is defined and goals to reach their mission. People work as entities and they are a part of the organization. The work of Porter is significant in the emphasis of the business process. He says value chain is a comprehensive collection of all the activities that are performed to design, produce, and market, deliver, and support a product line (Porter, 1985). When we combine the concept of the value chain and system to the organization we understand that organizations span across functional departments like finance, marketing, sales, and support etc. Organizations implementing BPM Systems One of the influential factors on implementation success that emerges from research, trade literature and practice is the level of process orientation within an organization. (Parkes, 2002). Typical advantages of implementing a BPM system in an organization are reduced lead times, fewer hand-off errors, and more flexibility to change the structure of supported business processes. (Parkes, 2002). In the research community, there is some consensus that the essence of a BPMS is the functionality that has been attributed historically to a workflow management system. (WfMS). (Van der Aalst et al., 2003, p.Show MoreRelatedBusiness Economics : The Gap Between Abstract Theory And Business Practice Essay1275 Words   |  6 Pages RESEARCH ASSIGNMENT Assignment 1:- â€Å" Business economics which is the gap between abstract theory and business practice. It uses tools of economic analysis in classifying problems, in organizing and evaluating information and in comparing alternative courses of action.†Outline the nature and scope of business economics in the light of this statement. 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