The world's leading companies have come to realize that only when their customers are successful, will they be successful. In pursuit of their market leadership not only they need to spend time to look inside their business to know how things are getting done but also look outward to get deep understanding of their customers. It is a fair guess to say that a massive chunk of corporate resources go into such efforts, whether it is in IT, finance, sales, marketing or operations.
Although many in Western economies are in a state of denial, we are undergoing the greatest reorganization in the business world since the Industrial Revolution. If you somehow haven't noticed it yet, there is a loud and clear wake-up call in the air that can be heard everywhere. It's called globalization, and it's being brought to you by three billion new capitalists from China, India, and the former Soviet Union.
No matter what industry you are in, no matter how successful you are, it's time to get ready for the world as it will be --a world where your customers have new choices from a sea of suppliers from across the globe.
--Peter Fingar
Executive Partner, Greystone Group
Author of Extreme Competition: Innovation and the Great 21st Century Business Reformation |
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One of the first people to describe processes was Adam Smith in his famous (1776) example of an English pin factory. He described the production of a pin in the following way: One man draws out the wire, another straightens it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head: to make the head requires two or three distinct operations: to put it on is a particular business, to whiten the pins is another ... and the important business of making a pin is, in this manner, divided into about eighteen distinct operations, which in some manufactories are all performed by distinct hands, though in others the same man will sometime perform two or three of them. The result of labor division in Smiths example resulted in productivity increasing by 24,000 percent, i.e. that the same number of workers made 240 times as many pins as they had been producing before the introduction of labor division.

Abstraction level for processes - source wiki |
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The enterprises are exploring modular architecture to isolate their business processes from their applications, which gives them the flexibility to add, upgrade or replace applications in their information technology environment without redefining all of their process interfaces.
The business process management (BPM) market at $1.0 billion in 2005 is expected to more than triple to $3.8 billion by 2012. The services oriented architecture (SOA) market at $450 million in 2005 is expected to grow rapidly through 2012, reaching $3.2 billion
(source : http://www.researchandmarkets.com/).
One
of the most challenging issues in BPM is not
the question of "If" it is the question
of "How". This three days program
by Steve Towers will
focus on how to do design and implement efficient
and effective business processes.
Learn from the lessons from decades of real experience with real (and successful) BPM initiatives for taking BPM from promise to practice. This will be great primer for beginners and will provide new insight & fresh ideas for people with experience in BPM. Rest assured, you will never think about business in the same way again.
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| Webinars |
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| Webinar: BPM and Performance Management, Scorecards and Strategy Maps |
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| Webinar: Enterprise Architecture - Essentials for Decision Makers |
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| Webinar: How to use BPMN for modelling business processes? |
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Consulting: Defining Enterprise Architecture driven IT performance metrics

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