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Chapter 1 - Group 3

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Chapter 1
Understanding BPM
Report Outline
(Group 3)
I.
Introduction
 Business Process Management (BPM) is an approach that’s designed to
produce better process which in turn produces lower cost, high revenues,
motivated employees and happier customers. It is a collaborative effort
between business units and the IT world.
II.
BPM: The New, Agile Business Model
 BPM is considered a new business model. It is better suited in today’s fast
technological advancement. As the business environment becomes
dynamic, agility is a very important characteristic of an organization to be
able to adapt to the new challenges that will be encountered in the business
operations. Technology plays a vital role in achieving the organization’s
goals.
 With the improvement of business processes, the organization becomes
more valuable through growth, improved performance, better productivity,
higher staff effectiveness and better customer service.
 There are different ways that the organization becomes more agile. These
include the following:
a) Increased productivity
 Productivity means doing more with fewer resources.
b) Speed to market
 The organization becomes the leader in introducing new products to
the market. Hence, it will dominate the industry.
c) Reaching the global market
 Through streamlining the supply chain operations, the global market
is easy to be reached.
d) Achieving compliance
 Using BPM, compliance costs to regulatory bodies can be kept under
control.
e) Accelerating innovation
 Innovation should be a normal part in the daily operations of the
business.
 Agility and flexibility of the organization enable it to satisfy the needs of the
customers.
III. Understanding How BPM Benefits Your Business
BPM benefits the business in a number of ways. It can produce a high quality
product or service with less effort. This is possible when the activities or
processes are clearly defined so that the company can deliver consistent,
repeatable and more efficient outcomes.
 Making faster decisions
 Speed and agility are very important factors in the success of any business
especially when important decisions are made quickly.
 Making better decisions
 Aside from making faster decisions, the business can also make better decisions
by having an easy access to complete information regarding the results of the
process which can be the basis in managing the opportunities and threats that
come its way.
 Making financially sound decisions
 Every decision made in an organization affects its financial condition.
 BPM can help improve the decision making process by making it faster, more
intelligent, and by making financially responsible decisions.
IV. Why Changing to BPM Now Makes Sense
Changing to BPM now makes sense because change is inevitable and those
who can easily adapt to the new challenges shall surely win the business race.
 It’s a tough market out there
 Every day, companies competing with each other to hold onto or
increase their market share. In the face of competition, an organization
must be resilient and must do something to remain in the business
game. It must improve its productivity, decision-making ability, and
flexibility.
 Waiting won’t improve things
 Tough economic times should not be an excuse for organizations to wait
for things to improve before making any decisions. No matter the
circumstances, business processes should be improved and the company
must remain competitive.
 Take advantage of the opportunities
 When opportunities come, plan and implement changes that ensure a
long profitable future for the organization by developing new
capabilities and improvement of Return of Investment (ROI).
V.
Why existing Tools Just Won’t Do
Existing tools should be improved and new tools should be developed for the
benefit of the organization.
 Buying a packaged application
 Package applications are rarely a good solution because of the existence
of four issues. These are:
1) Time to value
o A great amount of time could be spent implementing capabilities
that aren’t directly relevant to the process problem but are
required for the proper execution of the application.
2) Risk of adoption
o Users often resist having to learn an entirely new application
especially when the application’s capabilities don’t match users’
needs.
3) Responding to change
o Package applications that are installed can’t accommodate
frequent change because they’re focused on standardizing
actions and processes.
4) Expanding scope
o Buying specific applications for each of the process problems
wouldn’t be practical.
 Extending an existing application
 Existing applications which are being used in the business processes
may be extended to help drive improvement. This may face the
following problems:
1) Cost
The cost of customizing the existing application and the hiring of
highly-skilled consultants can be too expensive.
2) Complexity
o Extending package applications would produce complexity in
the system.
o
3) Immaturity
o Adding process to the applications and platforms could be
immature compared to the degree and speed as mature BPMs.
 Traditional application development
 An organization may develop a completely new application in house.
However it may not drive process improvement in the areas of
requirements and time to market.
 The BPM advantage
 Some of the advantages of the BPM are the following: built-in
functionality, cohesive development environment, and graphical
development tools.
BPM simply lets companies create a platform for process improvement easier and
faster and can help the organization become more agile and able to face the
challenges of the future.
References:
https://l.facebook.com/l.php?u=https%3A%2F%2Fkissflow.com%2Fworkflow%2Fbpm%2Fagilebpm-development-business-processmanagement%2F%3Ffbclid%3DIwAR3S7A7ZXF3qn69hlaM3zCB0DchdhVfPRiYHPRYt0HjvCAiJBlC
DH89dS8A&h=AT15k1SKr39onBw0SO1FW2NivXhZ2vrckG3iYP3vdvsIYaGrLDiUvP8Sk8vgEorejbqy
-2QJZsr_JXXTwT5Mh7kxJCp7xZFd0FDjc8Xs46AcEVW07KVU7Ty9yIYMu02mpEpi4w
https://www.businessanalystlearnings.com/blog/2014/8/4/benefits-of-business-processmanagement https://www.trustradius.com/business-process-management-bpm
https://www.entrepreneur.com/article/343146
https://www.google.com/search?q=making+better+decisions%3F&oq=making+better+decision
s%3F&aqs=chrome..69i57j0i512j0i22i30l8.13291j0j7&sourceid=chrome&ie=UTF-8
https://www.forbes.com/sites/wadepfau/2016/05/03/the-value-of-sound-financialdecisions/?sh=fdab1cc5e3e2
https://www.bpgurus.com/DEXZOLATAM/uncategorized/5-ways-to-improve/
https://insights.diligent.com/business-structures/six-benefits-of-business-processmanagement/
https://kissflow.com/workflow/bpm/all-you-ever-wanted-to-know-about-enterprise-bpmpricing/
https://searchcio.techtarget.com/definition/business-process-management
https://www.sciencedirect.com/science/article/abs/pii/S0022435921000105?via%3Dihub
: https://www.iedunote.com/consumer-adoption-process
https://www.rapidvaluesolutions.com/cloud-native-vs-traditional-application-development/
https://www.tcgen.com/time-to-market/
REPORTERS:
1. SUCANO
2. QUERING
3. ENOMAR
4. PAGOBO
5. BOOC
6. MISSION
7. CAÑETE
8. HERBAS
Group Members:
1.Sucano, D.
2.Quering, J.
3.Enomar, J
4.Travieza,S.
5.Pagobo, K.
6.Arapon, M.
7.Booc, J
8.Mission,
9.Herbas, P.
10.Canete, M.
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