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A Fundamental Guide to Business Process Management (BPM)

Organizations worldwide are implementing business process management (BPM) to enhance and standardize processes. Effective BPM practices significantly improve operational compliance and efficiency while eliminating process gaps and human error.

 

In other words, learning about BPM strategies and tools can improve your team’s operations and accelerate growth for the company as a whole! Below, InfoJuices.com explains BPM in more detail and provides tips for implementing it successfully.

 

Table of Contents

A Fundamental Guide to Business Process Management (BPM)

What Is Business Process Management (BPM)?

BPM vs. Automation

Basic BPM Methodology

Analysis

Modeling

Execution

Monitoring

Optimization

How to Implement BPM

Select a Platform

Select a Process

Establish Benchmarks

Structure the Workflow

Run a Pilot Test

Increase Security

Wrapping Up

 

What Is Business Process Management (BPM)?

Simply put, BPM is the discipline of analyzing, modeling, and optimizing business processes. When implemented correctly, the practice can put your company on track to achieve strategic goals, whether it’s enhancing the customer experience, creating accurate financial forecasts, or performing any other process.

 

You can apply BPM methodology to most predictable, continuous, or repetitive tasks and processes. A business process constitutes any set of activities established to accomplish a specific goal or outcome. BPM allows you to assess your current processes and modify them for better efficiency, fewer errors, lower costs, and more.

 

It’s important to note that BPM is an ongoing discipline that can significantly improve business outcomes over the long term. It allows you to optimize operations and enhance workflow management practices so that you can ultimately serve customers more effectively and increase profits.

BPM vs. Automation

Automation is one aspect of BPM, but they are not the same things. BPM is a discipline people perform rather than a technology. That said, you can use BPM software and automation technology to execute the process enhancements your team has identified.

 

Automation essentially helps make your business operations more efficient. It uses technologies to automatically perform tasks, resulting in fewer costs, errors, and complexities. To sum up: BPM is the methodology your team uses to evaluate, understand, and strategize your end-to-end business processes, while automation equips you to implement BPM more easily and effectively.

Basic BPM Methodology

Now that you know the gist of what business process management is, let’s talk about what the basic methodology looks like:

Analysis

The ultimate goal of BPM is to optimize your processes. And the first step toward that goal is analyzing the process in its current form. Identify the aspects of the process that are working as well as any bottlenecks, inefficiencies, or problems it poses. You also want to consider how the process relates to other business processes or tasks.

Modeling

This is where you start making improvements to the process and plan for ideal implementation. Your process model will enable your team to gauge how the new approach might work with various scenarios and variables.

Execution

The next step is to put your process model information. It’s essential to keep records of the changes you’ve made and the reasons for making them.

Monitoring

Sometimes, your team may be able to implement your process model perfectly, achieving all the results you hoped for. Often, however, you will need to monitor the process and identify potential improvements.

 

Collecting data to compare with your business strategy can help you make productive decisions. And you can search “business process management & automation” online to learn more about how to monitor your BPM framework and processes.

Optimization

The final stage is to constantly monitor and optimize your process. Keep in mind that perfecting your processes requires time, and the metrics you measure might change.

 

BPM is an ongoing discipline your team should always prioritize. Even if your new process is functioning as you hoped, always look for additional tasks to automate.

How to Implement BPM

It takes a lot of thought and effort to implement BPM effectively. Instead of rushing it, take your time to do it the right way.

Select a Platform

It’s important to build your BPM practice on a firm foundation. This starts by choosing a platform with all the essential features your team needs.

 

You can find BPM tools designed to enhance visibility and process tracking, while others focus more on application development capabilities. Your BPM platform should cover all the bases, and all your team members should be able to use it easily.

Select a Process

Your first process for implementing BPM should be relatively easy to manage and low-risk. Sure, your team may want to choose a process that is causing the company the most problems, but remember that you need to get your feet wet first. Choose a small, low-impact process and gradually scale up to bigger projects.

Establish Benchmarks

The last thing you wanted to do is waste resources on an aimless endeavor. That’s why it’s critical to set realistic goals for your BPM implementation. Understand why you are automating the process, and establish achievable benchmarks to accomplish on your way to optimization.

Structure the Workflow

Another essential point in the BPM implementation process is to create a diagram for the workflow. Sketch out a simple structure on a piece of paper. And speak with the team members closest to the process to learn how they previously managed the tasks. Understanding the history of the process will give you reliable information upon which to base your decisions.

Run a Pilot Test

Pilot testing allows you to evaluate the impact of your BPM on a project without disrupting your ongoing processes. Take time to train employees and learn the different features of your BPM software with zero risks. A test can help you learn the system runtime, bandwidth required for process workloads, output, and many other factors.

Increase Security

Finally, be sure to invest in cybersecurity technologies for your computers, mobile devices, networks, and USB drives. Besides protecting sensitive company data, enforcing cybersecurity will aid your BPM implementation and keep your business on the right track. A quick online search will reveal many affordable, high-quality solutions.

Wrapping Up

Incorporating business process management in your operations can transform your company’s growth initiatives. Follow the steps above, and you’ll be ready to measure and adjust your processes to optimize output.

 

Most importantly, keep researching BPM solutions and strategies that can benefit your team. And remember that any investments of time, money, and energy will prove well worth it in the long run.

 

If you enjoyed this article, you can find much more content on InfoJuices.com today!