How to Transform Your Business Operations With BPM
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Article Contributed by: Derek Goodman - Inbizability
Companies of all sizes and industries have used business process management (BPM) to maintain consistent processes and IT resilience for years. In short, optimizing your company processes boosts operational efficiency and team productivity while lowering overhead costs.
But to reap the benefits of BPM, you must understand what it is and how to implement it into your operations. Below, AMA Consulting Services explains BPM in more detail.
Business Processes and BPM
You cannot understand the gist of business process management without first grasping the concept of a business process. In broad terms, the business process is anything that occurs within a company or organization for which you can clearly describe the beginning and the outcome.
In other words, any set of activities and tasks set forth to accomplish a specific business goal could be considered a business process. Business process management and business process automation revolve around these processes.
An example would be when a job applicant submits a resume to a hiring manager. The candidate would immediately enter an HR business process that potentially turns into employment, onboarding, and training.
Business process management is a systematic methodology of analyzing, modeling, implementing, monitoring, and optimizing a business process. When effectively executing BPM, your organization can accomplish more goals, meet more milestones, operate more efficiently, bring in more revenue, reach more customers, and improve in virtually every area.
BPM relies on continuous process improvement, which is an ongoing sequence of actions meant to improve a company‘s processes, products, and services over the long term. Most companies use BPM software and automation tools to increase their chances of success.
Protecting Your Business
Before diving too deep into learning BPM, take a moment to evaluate the cybersecurity measures your business is taking. Using the right tools and protocols will enhance your overall BPM experience, from boosting productivity and efficiency to increasing revenue and customer engagement.
Research the market for affordable, reputable cybersecurity solutions tailored to your company's specific needs. Protecting your devices, networks, and USB drives means protecting sensitive data, your reputation, and your business altogether. Here is an Internet Security Threats Guide
Using BPM for Your Team
You have plenty of well-established BPM methodologies to choose from for your team. However, DMEMO is by far the most popular among BPM-implementing companies:
1. Design: Analyzing an existing process and re-designing it to account for inefficiencies, errors, and bottlenecks.
2. Model: Create a model of your ideal process with the insights from your analysis.
3. Execute: Implementing your model to see how your adjustments work in real-time.
4. Monitor: Tracking process efficiency and performance to determine if it’s improving.
5. Optimize: Finding ways to improve the process and optimize output.
It’s hard to overstate the importance of monitoring and measuring performance after executing the process model. BPM is a continual discipline, and successful companies never cease improving. Take advantage of BPM & digital transformation resources for additional guidance on how to position your team for success.
BPM Tools
Lastly, research the many BPM and automation tools out there that can benefit your business. There are many areas and features to consider when selecting software or technology. Here are a few characteristics to look for:
● Multi-cloud workflow automation
● Workflow library
● Contract lifecycle management
● Document creation and management
● Custom integration
● Security and compliance
● E-signature
Conclusion
Your team doesn’t have to accept inefficient operations, poor revenue, a lack of productivity, and disengagement as the norms. Using BPM to revisit and improve your business processes will benefit every aspect of your business.
In the end, your team will enjoy higher morale and satisfaction. And your organization will meet milestones, crush goals, and stay on track to flourish long-term.
Would you like to read more helpful content or learn about our digital marketing services? Visit AMAConsultingServices.com today!
