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Preliminary Findings of BPMInstitute.org’s State of BPM(SM) Research
In June 2006, BPMInstitute.org initiated a survey of its 24,000 member community to gain an understanding of how enterprises across a range of industries are pursuing business process innovation and improvement and to what degree these activities are strategically aligned to the companies’ business transformation and growth objectives.
The survey, entitled BPMInstitute’s State of Business Process Management (BPM)SM, obtained critical insight into how corporations approach business process management and improvement initiatives, evaluate and acquire BPM infrastructure and d
Four BPM Lessons Learned
After a number of engagements with clients who are in the middle of BPM projects I’m developing a growing collection of “lessons learned”. Four of these lessons come up time and time again when I’m called in to support a BPM initiative, often when it is already going off the rails.
Don’t even start the project without having a clear business outcome in mind
Business Rules, Business Process, and Compliance
One of the key uses of business rule management systems (BRMS) and business process management systems (BPMS), is to help with issues of compliance. The growth of regulations such as Sarbanes-Oxley and HIPAA, as well as long standing regulation in areas such as Insurance and banking means that more companies have to deal with compliance than ever before. Many companies are turning to technology to address the issues this growth of regulation brings.
There are many challenges that come with compliance, but three are particularly relevant when considering how technology might help.
BPM Success Requires a Change in the Mindset of Leadership
This article originally appeared in the members-only quarterly BPM Strategies Magazine. Join today to receive your own copy.
Accelerating BPM and BRs: Why, How and Who Is Doing What?
Barbara von Halle is the founder of Knowledge Partners, a company leading clients through successful business rules projects through the licensing of KPI STEP, a Business Rule Management Took Kit. Von Halle is a pioneer in Business Rules and received the Outstanding Individual Achievement Award from the International Data Management Association. As a journalist, she wrote for Database Programming and Design Magazine and co-authored several books.
Understanding Innovation: What Exactly is Innovation, and how does Innovation Happen?
Unless a company can innovate, it will be left behind in the brave new world of total global competition. But, what exactly is innovation, and how does innovation happen? These are the most important business questions of our times.
Unless a company can innovate, it will be left behind in the brave new world of total global competition. But, what exactly is innovation, and how does innovation happen? These are the most important business questions of our times. Join Peter Fingar for the Inaugural Round Table of our dedicated Innovation “section” on BPMInstitute.org.
Business Architecture: Aligning Strategy & Deployment
Business architecture is, as my co-chair Ken Orr has said, the “missing link” in the architecture puzzle. While our first architecture conference this past spring focused on Enterprise Architecture, we found a groundswell of support from our attendees and analysts for drilling into the specifics of Business Architecture.
The Innovation Imperative
What strikes fear in the hearts of today’s business leaders? Commoditization and Globalization. Unless a company can innovate, it cannot make margins and will be marginalized as a commodity player. Unless a company can innovate, it will be left behind in the brave new world of total global competition. But, what exactly is innovation, and how does innovation happen? These are the most important business questions of our times.
In this first of a three part series excerpted from the book, Extreme Competition: Innovation and the Great 21st Century Business Reformation, we will explore the many facets of innovation and distinguish between Business Innovation and the conventional notions of research and invention.
The Innovation Imperative Part 1 of 3
What strikes fear in the hearts of today’s business leaders? Commoditization and Globalization. Unless a company can innovate, it cannot make margins and will be marginalized as a commodity player. Unless a company can innovate, it will be left behind in the brave new world of total global competition. But, what exactly is innovation, and how does innovation happen? These are the most important business questions of our times.
This complimentary chapter, exclusively for BPMInstitute.org members, is the first of a three part series excerpted from Peter Fingar’s latest book Extreme Competition: Innovation and the Great 21st Century Business Reformation.
In part 1 we will explore the many facets of innovation and distinguish between Business Innovation and the conventional notions of research and invention.
Build your SOA: Process and Methodology, Part I
Introduction
SOA projects tend to be large initiatives with a lot of risk and potential reward associated with them. The Return on Investment (ROI) on a SOA project is sometimes very hard to quantify (and thus hard to sell), which brings about the need for a solid process and methodology to ensure the success of an SOA project.
A SOA is a set of tools, technologies, frameworks, and best practices that enable the quick and easy implementation of services.
Key Components of SOA
I’m excited to be joining the team of contributors to the SOA Institute. In my first article, I’ll provide my definition of SOA and describe what I think are the key components of an SOA. You will see that I take an enterprise view of SOA.
The Compliance Journey – Balancing Risk and Controls with Business Improvement
Vince Sumpter has over 20 years of experience in Performance Management, data warehousing, and related areas and sees a synergy between process management, performance management, and controls transformation. The new regulatory environment demands compliance, but most of the present efforts are manual and specific only to the rules with little regard to how the changes could improve the business. Sumpter sees process, performance, and controls all coming together to give new value to the enterprise.
Sumpter says there is a lot of buzz now about Sarbanes Oxley (S-O).
BPMS Watch: Standardizing Management of Process Performance
I recently attended an event where experienced BPM vendors, analysts, academics, and user organizations came to discuss what needs to come next in terms of technical standards, software capabilities, and overall business value from business process technology. The event was hosted by OMG, the standards organization behind the Business Process Modeling Notation standard used for process modeling and, increasingly, for business-driven process design.
Doing Business Architecture
It is hard for your organization to have an agile organization these days if your IT systems and infrastructure aren’t. Enterprise Architecture and specifically Business Architecture is aimed at helping organizations become truly agile.
A couple of years ago I wrote an article entitled “The 3 faces of Enterprise Architecture”.
BPM is Art as Well as Science
The release of the Academy Award nominations last January might seem to have little to do with business process management. But it does. In many ways, movies are the quintessential process industry.
Changing Perceptions – How EII Missed the Boat on SOA
In the technology world, there is a lot to be said about perception, and how perception defines your reality. You can perceive a market one way, only to change your point of view slightly and realize that the real target market for a class of technologies is quite different from where those technologies are actually being sold. Unfortunately, that change of perception often occurs too late to make a difference. A perfect example of this phenomenon is Enterprise Information Integration, or EII. EII is a specific segment of the data integration market that was gaining some re
Nucleus Research Report – webMethods Delivers Real SOA ROI through webMethods Fabric
Want Examples of Real Results with SOA? Read On.
Adopting a service-oriented architecture (SOA) enables companies to shorten IT project cycles, improve IT agility, and better align their IT practices with overall company strategy while gaining the tactical returns from integration.
Nucleus Research found customers adopting webMethods Fabric
to support an SOA strategy were able to leverage IT alignment and agility to increase market share, build strategic partnerships, increase revenues, and improve customer service.
5 Steps to Choosing the Right BPM Suite
BPM Suites can deliver significant business benefits and a fast ROI – but only if you choose the right one. Implementing a complete BPM Suite, rather than a series of disparate applications, will significantly decrease your costs, increase your time to benefit, and increase your flexibility and agility in managing and improving multiple processes. This paper outlines 5 best practice steps to help you choose the right BPM Suite for your organization.
Is RETE Necessary for Business Rules – Why you should care
Many BRMS vendors, especially the leaders Fair Isaac and ILOG, consider their implementation of the RETE algorithm a critical part of their product offering. Yet you might not understand what RETE is and why it can be either useful or unnecessary, depending on the rules problem domain. So what is RETE?
The RETE algorithm was developed to improve evaluation performance with large knowledge or fact sets. For example, a diagnostic expert system might describe many signs and symptoms for the diagnosis of a condition. Because of the diagnosis, an action may be taken.
Analysis: Isn’t that for smart people?
“Analysis is the difficult part of a business improvement project”. “Analysts are really smart people that are hyper intelligent” and “analysis can not be trained”. Those are some of the preconceptions project teams have to fear the analysis work that needs to be done on a process improvement project.
None of these are true. First of all many people confuse analysis with all those complex statistical tools that, for example, six sigma makes you believe you should apply.
