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Showing posts from March, 2023

Is your Business Process Robust?

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Businesses are constantly striving to fulfill their agenda without any compromise on efficiency, revenues, or customer satisfaction. However, this becomes challenging when exceptions or deviations occur from the ideal sequence of events and activities.  Traditional process modeling methodology and tools do not make any provision for description exception handling procedures separately from the normal process flow. As a result, process participants rely on their experience to resolve exceptions, which may not be ideal in the increasingly complex modern business environment. Business Process Management (BPM) is a solution to this challenge. BPM facilitates businesses to take a ‘big process perspective’, become process-centric, and takes a comprehensive approach to process change. A robust process has the ability to adjust to situations that have never been contemplated. BPM provides users to alter their processes to accommodate variances, making it a valuable tool for risk managem...

Business Process Analysis Based On Value, Time, Cost And Efficiency

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To establish an effective Continuous Business Improvement strategy, it is crucial to perform a detailed analysis of processes. In any business, processes should be managed efficiently, and the success of improvement efforts depends on how effectively they are managed. A comprehensive analysis of processes is conducted by a team of process analysts from an organizational perspective to identify focus areas for process performance improvement. In this blog, we will focus on the quantitative business processes analysis . The following key quantitative measures must be considered to identify the right improvement opportunities and channelize improvement efforts effectively: • Value • Time • Cost • Efficiency To analyze business processes based on these quantitative measures, we will cover the following methods: Process Value Analysis: Process Value Analysis is a systematic evaluation of processes to identify the value of each task. It helps in establishing the value of each task as p...

6 Best Practices for Business Process Modelling

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  Business process modelling is a critical element for managing and measuring processes, which forms the foundation for all activities going forward. Without a well-documented and well-structured base, redesigning the processes is nearly impossible, and the dream of achieving better process performance and increased productivity remains elusive.  In order to ensure successful business improvement initiatives, it is essential to follow best practices in  Business Process Modelling . Here are six simple and reliable steps to follow: Create a Process Library/Framework:  Start by scoping your business for business processes and create a Process Library, which holds the names of all the business processes in the organization or section of the organization. Set a minimum and maximum limit of tasks per process and name your processes specifically. Focus on Process Components while Mapping:  A business process model should contain four distinct components, including t...