Thursday, October 16, 2003

Creating an Intelligent and Flexible Solution with BPM, Business Rules, and Business Intelligence

This is the first of a series of articles that will look at several scenarios for creating flexible, dynamic, and responsive solutions through the integration of BPM, business rules, and business intelligence: "BI+BPM. It is business activity monitoring
Recognition,
Response
Resolution
Review to function
Delivering ROI
"

Business Process Management: There are multiple benefits of BPM:

It creates a common process base independent of any application.
It allows people to organize their business processes and observe them visually.
It facilitates the formalization of business processes that previously had been undocumented and sometimes ad hoc.
It provides a vehicle for instituting conformance of behavior where conformance is beneficial to the organization and flexibility where conformance is not necessary.
It allows people to model, simulate, and analyze business processes so they can create a business process that maximizes their objectives.
It serves as a way to speed up the implementation of process changes. As Fingar and Smith put it in their book, BPM the Third Wave - "BPM doesn't speed up applications development; it eliminates the need for it."1
It allows an organization to focus on processes that are "Core" and even to consider offering those processes as services to trading partners.

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