Understanding Corporate Performance Management
Corporate re-engineering emerged in the early 90s, when organizations engaged in streamlining and downsizing to lower operational costs. Today, many organizations are cutting their technology budgets to survive, yet automation and business process management boost productivity, realize savings and bloom in a harsh business environment.
Business Process Management involves the effort of organizational alignment with customer needs and requirements. In the business world real-time business processes are complex. As this complexity increases and additional integrity controls are required to assist the customers’ sophisticated behavior, it becomes essential to design, implement, and document this behavior using a visual assembly methodology. To achieve that, Business Process Management views organizational effectiveness and efficiency with a focus on innovation, flexibility and integration with technology.
A process-managed organization applies a pioneer approach that fosters ongoing collaboration between information technology and business users aiming to collectively build applications that integrate people, processes and information effectively. Through a systematic approach to the business processes of a firm, Business Process Management manages to optimize processes that involve human interactions with the use of Web services and the employment of straightforward integration technologies such as XML, BPEL, BPMN and others.