Business Process Workflow Management Business Essay

Business Process Workflow Management Business Essay Business process management is important for both existing and new businesses. BPM is also known as Business Process Reengineering. It is a set of inter-related tasks that help companies maximize their present business processes and cope with future operational and organizational changes. An efficient business process saves and makes money for an organization. Workflow, in its very basic sense, is an implementation of the answers to the questions that arise in a business process. Workflow answers the questions, who? What? And When? in a business process. It is the movement of documents or tasks through a work process. Business process workflow management is an essential element in organizing a variety of business tasks and processes so that the business can be benefited as a whole. Workflow management systems range from the basic activities of a business to thousands of complex features. Workflow management helps business managers perform a lot of varying functions depending on the needs of the organization. Different businesses have different workflow management needs to perform varied functions for them. Some businesses need workflow management for organizing data available on the net; some need them for managing various business transactions whereas some need them for organizing and segregating all the documents of an enterprise. Workflow management is helpful to all kinds of business irrespective of their size. It helps them define and spot various processes that will help increase efficiency in the long run. Business process workflow management helps to define, create, execute and manage various processes within the organization itself and enhance business-to-business transactions to maximize productivity. It facilitates changes in the enterprise that are needed for its betterment and maximization of output and profits in the minimum time possible. It also helps an organization in spotting existing inefficiencies by keeping a constant check on their emplo yees’ productivity. BUSINESS PROCESS MANAGEMENT JOURNALS Business process management is implemented to improve the effectiveness and efficiency of an enterprise by automating its business processes. The key factor involved in choosing a BPM solution is to choose one that will fit the organization in all situations, as conditions governing a business tend to change with fluctuations in market conditions. It is not feasible for an organization to change its BPM as and when situations change. Business re-engineering can mean serious trouble especially when applied by people who do not understand it. There are examples of thousands of organizations that were running into losses but subsequently, achieved remarkable profits due to well-managed BPM projects. The key to the success of these companies lay in applying BPM to their key business processes. Business process management journals play a key role in making businessmen aware of the prevailing business conditions and how to ad apt to these changes by applying the right re-engineering and process change projects. BPM journals are the premium channel for beginners, practitioners and researchers to acquire leading edge information related to current developments in BPM concepts, practices, tools and technologies. It is a helping aid for students studying BPM related areas and consultants who assist organizations in managing processes. They also provide useful articles that focus on quality and relevance.

E-Business Master Case Study Example | Topics and Well Written Essays - 3250 words

E-Business Master - Case Study Example The firm has approximately 153 stores across Britain; the number of its employees has been estimated to 21,500. The last 8 months the firm's profitability was reduced under the influence of the global financial crisis; however, signs of recovery of the firm's performance have been identified - see also the performance of the firm's shares for 2008 and 2009 in Figure 1 - Appendix. Characteristics of corporate website In general, the website has the structure of a B2C (business to customer) system, i.e. a system used for the selling of products/ services to the website's visitors (customers). The information included is available to the website's visitors - the communication with customers seems to be the priority for the system's developers. The characteristics of the corporate website could be summarized as follows: the entrance and navigation in the specific website is quite easy - the material included has been appropriately categorized, in terms of speed the website can be characterized as extremely effective, images are used as possible to highlight the content - especially regarding the products available, communication with the customers is highly supported - telephone numbers are available for all organisational departments One of the most important advantages of the firm's website is the fact that the information provided covers a wide range of issues including the firm's products and services - those currently available to the public, the existing vacancies in various organisational departments - including the terms of employment in the firm, the firm's financial performance, the firm's environmental policies, the methods of payment available for online orders of products/ services and the firm's culture and...The last 8 months the firm's profitability was reduced under the influence of the global financial crisis; however, signs of recovery of the firm's performance have been identified - see also the performance of the firm's shares for 2008 and 2009 in Figure 1 - Appendix. In general, the website has the structure of a B2C (business to customer) system, i.e. a system used for the selling of products/ services to the website's visitors (customers). The information included is available to the website's visitors - the communication with customers seems to be the priority for the system's developers. The characteristics of the corporate website could be summarized as follows: One of the most important advantages of the firm's website is the fact that the information provided covers a wide range of issues including the firm's products and services - those currently available to the public, the existing vacancies in various organisational departments - including the terms of employment in the firm, the firm's financial performance, the firm's environmental policies, the methods of payment available for online orders of products/ services and the firm's culture and mission. Up today, the firm's managers have tried to keep the firm's performance almost intact from the international crisis; in the feature the ability of the firm to face the threats developed would be evaluated in ac

Summary Essay Example | Topics and Well Written Essays - 250 words - 166

Summary - Essay Example rganization needs to provide more information to the customers and teach them how to use the organization’s goods and services properly and this will decrease the cost of dealing with them. If the problem is not solved then the organization should change the way the organizations charges money from the customer. If the problem continues then the organization should try to cut its cost by changing their channel of distribution for the customer. If nothing works, the organization should resort to end their relationship. This article has been authored by Hanssens et al. and in this article the author states that it is quite difficult for organizations to measure how effectively their investments in their marketing function have proven to be (Hanssens 1). For this purpose the authors develop a model for measuring the effectiveness of their investments in marketing. The purpose of developing the model was to provide marketers in making decisions regarding the selection of their products marketing mix with the aim of enhancing customer equity. The outcome of developing the model was that the researchers were able to develop equations that helped identifying how different investment factors resulted in different outcomes. For example: the researchers identified and equation which helped them in identifying the impact of increasing television based advertising on the aim of acquiring