Monday, June 9, 2008

Business Process Management (BPM)

BPM is essential in today's intense business environment. In short, BPM refers to activities performed by any business to optimize and adapt its processes.These activities which constitute BPM can be categorized as "design", "execution" and "monitor". Having said that, a well-designed BPM allows direct execution, monitor as well as analyze of the business processes without costly efforts.

BPM encompasses other process elements e.g. Total Quality Management (TQM), Six Sigma, Performance Management etc.

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