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What is BPM? “Business Process Management”

“Business Process Management” BPM, Business apps as we like to call them can be applied to any company no matter how large or small.  In fact business process management has been around a very long time.


One of the oldest examples I’m familiar with is Adam Smith.  Adam Smith is one of the most significant people in the 18th century to describe processes with his (1776) example of a pin factory.  Also one of the first that recognized that processes could increase output of particular tasks.


Fast forward almost 220 years and large corporations all over the world continue to look for that competitive advantage.   The goal, to improve business performance and agility by applying one or all of the following:


As shown in the BPM Resource centre.

  • A comprehensive, well understood and documented set of standardized processes – typically defined within a process framework to drive transparency and efficiency.  aka BPM

  • An approach to process improvement including an approach to measure and monitor day to day business processes for continuous improvement and efficiency.  aka BPI/BPM

  • Use of information technology/software including process modeling, process simulation, process repositories, workflow, integration, reporting and other technologies to facilitate bullets 1 and 2 as well as automate and further optimize processes. aka BPMS/SOA/BI



Large companies have been reaping the benefits of BPM’s  for years.   For many reasons, the main one being cost.  These types of applications have been around for a long time but only the big players could really afford to implement them.  Well all this has changed with where technology is today.  With smart phones being apart of your daily lives, having access to the internet everywhere you go. Smart technology is everywhere and you can use it to help run your business more efficiently. Smart Business run on LinSmart.

 

Success stories of the big players.


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