Question

In: Operations Management

Name the four stages of the business process management cycle and summarize the activities in each....

Name the four stages of the business process management cycle and summarize the activities in each.

Your response should be at least 200 words in length.

Solutions

Expert Solution

The Business Process Management is a systematic approach to learn and improve the management in an organization. It have 4 stages-

  1. Design & Modelling- Process Design stands for analysis of existing processes and design of new process. It includes process flow representation, SOP’s, Standard Level Agreements, Task Handover Mechanism, etc. While, modelling takes the theoretical design and then introduces new combination of variables. The new proposed design reduces the number of problems and the main objective of this step is to prepare a correct ad more efficient design.
  2. Execution- The one of way of executing the Design proposed is to use a software or purchase an application which it is usually found that a single application can rarely perform all the functions thus a combination of software and applications as well as human intervention is important. However, this is more complex but a response to such problems some software have been developed to solve full business processes which require often simple human intervention. At this step, most important is business rule should be used by systems in governing behaviour to drive process execution.
  3. Monitoring- It’s the stage when the process performance is measured. It involve tracking of individual; process so that statistics on each and every process can be provided. Tis information is used to further improve the performance of the process as well as to improve the connected process with suppliers and customers. It focuses on cycle time, defect rate and productivity.
  4. Optimization- It includes retrieving process performance information derived from the modelling as well as the monitoring phase, identifying what are the potential bottlenecks as well as the opportunities for saving the cost and other improvements which can be used in design enhancements to create more effective product.   

Related Solutions

Refer to the section on the Product Life Cycle. For each of the four stages of...
Refer to the section on the Product Life Cycle. For each of the four stages of the Product Life Cycle, identify a product in the market that you think may be in that stage right now. Explain your reasoning for each product/stage
What is meant by the "business cycle"? What are the four stages of this cycle? What is the Trend? Show a diagram.
 What is meant by the "business cycle"? What are the four stages of this cycle? What is the Trend? Show a diagram. Based on the stages of a business cycle, what is meant by "pro-cyclical"? What is meant by "counter-cyclical"? Suppose that a business cycle trend line begins with real GDP at $5255 and ends with real GDP at $7357 over 4 years. What is the average annual real rate of growth? Show your calculations. Suppose that a business cycle trend line begins...
Identify the stages of the System Development Life Cycle (SDLC) and four (4) activities. (20 marks)...
Identify the stages of the System Development Life Cycle (SDLC) and four (4) activities. Hints : student must describe each stage and link the stage with activities. remark : This is 20 marks question, please answer me in full sentence.
what are the various stages of a business cycle
what are the various stages of a business cycle
which two of the four stages business cycle do you belive the US is currently in?
which two of the four stages business cycle do you belive the US is currently in?
What knowledge management (KM) activities are applied in each stage of KM Cycle?
What knowledge management (KM) activities are applied in each stage of KM Cycle?
Discuss the four basic business activities that are performed in the revenue cycle (Sales order entry,...
Discuss the four basic business activities that are performed in the revenue cycle (Sales order entry, Shipping, Billing, Cash collection) and  how can Information technology can assist these business activities to improve the efficiency and effectiveness of the firm.
Q) compare betweeen : Project process vs business process,Project Management life cycle
Q) compare betweeen : Project process vs business process,Project Management life cycle
. What are the stages and phases of a negotiation process? Describe briefly the activities on...
. What are the stages and phases of a negotiation process? Describe briefly the activities on each of these stages and phases.
- What are the four stages of the product life cycle? - What are the six...
- What are the four stages of the product life cycle? - What are the six stages in the selling process? What role does each stage play?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT