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Transforming Finance: The Role of a Financial Technology Company in the Digital Age

Strategy Driven

It can also be done by leveraging BPM software tools to automate them. It also involves a communication-first approach to ensure employees feel heard and have the training and resources they need to succeed. Lastly, it means setting goals that align with the company’s long-term strategy.

Finance 116
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Five Coaching Tips to Help Business Process Management Leaders Succeed

Strategy Driven

But those leaders have had training and experience to succeed in a traditional organization with a C-suite at the top and siloed business units and functions under each executive. Remember that the Executive Sponsor and Process Owner may be new to these BPM roles. 5 Tips to Build the Success of the Executive Sponsor and Process Owner.

BPM 56
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Do Your Business Process Metrics Measure Up?

Strategy Driven

Peter Fingar, co-author of Business Process Management : The Third Wave , then asks these measurement corollaries in his 2013 article “How Do Your BPM Metrics Measure Up?”. Set Clear, Specific Goals – The leaders must have clear goals and they need to articulate them. Want to learn more about BPM metrics?

Metrics 53
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5 Early Warning Signals for a BPI Project

Strategy Driven

Let’s look at the stages of the BPM Methodology and identify early warning signals and then suggest some countermeasures that are helpful to get things righted again. This graphic shows the four stages of the BPM Methodology and the detailed phases of stage 2, the Business Process Improvement Project. Having no charter.

Project 58
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Fueling Business Process Management with the Automation Engine that Can!

Strategy Driven

Today’s C-level executives understand peripheral management of their critical applications, data systems, and shared services is not an effective, efficient, secure, or financially-feasible effort and require more robust, permanent solutions for assimilation into their BPM.

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Understanding the Importance of Business Process Design

Strategy Driven

Business Process Design is one of the most critical steps of BPM that needs to be designed after the proper analysis and detection. By ensuring that the operational tasks and activities of the individuals are correctly aligned with the strategic goals of the organizations.

Process 67
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Macro Maps Help You Align Processes and Strategy

Strategy Driven

And for this organization, where the goal was to streamline processes, reduce workload, and not hire additional employees, it was obvious which ones to work on first. Shelley Sweet, the Founder and President of I 4 Process , and author of The BPI Blueprint , is a highly respected BPM Practitioner. Want to learn more about BPM metrics?

Process 58