article thumbnail

Fueling Business Process Management with the Automation Engine that Can!

Strategy Driven

Organizations deploy automation technologies as the primary resource in their Business Process Management. Gone are the days were BPO meant Business Process Outsourcing, with Robotic Process Automation technology fueling new millennium enterprises, BPO has taken on a new meaning, Business Process Optimization.

article thumbnail

November 2011 Edition - Strategy Execution Newsletter - On Managing Processes

Six Disciplines

In this month's issue, we're focusing on managing processes. Do You Have The "Master Process" In Your Organization? have time-tested, proven processes that, if followed correctly, lead to consistent and predictable outcomes. Does your company have a "master process"? Process Procedes Predictable Performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Strategy Driven

The innovations are endless, from peer-to-peer payments to automated portfolio managers and trading platforms. Streamlined processes lead to cost savings over time, while real-time data insights help leaders to make informed choices. Streamlining business processes is a critical component of any enterprise.

Finance 104
article thumbnail

Avoid the Improvement Hype Cycle

Harvard Business Review

New process improvement initiatives tend to start with some hype. Finally: "This may sound like process improvement programs that failed here before, but believe me, this is much better. Companies that practice process improvement have been victims of this hype cycle for decades. Under the guidance of external coaches, the $7.2

article thumbnail

Uniting the Religions of Process Improvement

Harvard Business Review

When they set out to turn around processes that have become woefully inefficient or ineffective, most companies choose one of four process improvement "religions": Lean , Six Sigma , Business Reengineering or Business Process Management (BPM). But some companies realize they need to go beyond making episodic improvements.

article thumbnail

How Cloud Computing Is Changing Management

Harvard Business Review

Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). BPM reflected the interactions of different stakeholders, from product creation through supply chain to final assembly.