Monday, June 17, 2019
Business Process Management Assignment Example | Topics and Well Written Essays - 1000 words
Business Process Management - Assignment Examplers is because it has worked in eliminating symptoms of line of credit dysfunction such as decelerate improvement rate, poor data management and inefficiency in customer service. While this play is crucial for any organization, it is surrounded by a number of challenges and disadvantages that create it hard to implement. However, in the face of current business competition, it is crucial for every organization to focus on business sour management to ensure that they proceed competitive through efficiency in accomplishment of their goals and objectives.Business process management is a strategy that is concerned with streamlining business operations to ensure that they be optimally efficient. In other word, it is referred to as business process optimization through technological strategies. The BPM is based on the principle that if the organizational functions be accomplished with high efficiency, it is possible for an organizatio n to achieve higher profits (Bhasin & Parrey, 2013). BPM ensures that there efficient information processing, project monitoring, risk measurement and service delivery within the organization. There is a great link between the line of business and the information engineering in developing efficient business systems. With the current proliferation of technology, BPM has become an important aspect in deploying information technology in streamlining business operations. For instance, softw ar applications are currently used to process large data to ensure that a company can use a wide range of data to make business decisions. Software systems are used to monitor business operations to ensure that the projects remain within the schedule, which is critical in following the critical path. In large business organizations, technology is used to streamline communication within the organization among the employees. Efficiency in business operation is responsible for increase in the organizati onal profits.Business process management has both advantages and
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