BPM encompasses five basic processes: strategize, plan, monitor, act, and adjust as shown in Figure 1. Discuss the types
Posted: Sun Jun 05, 2022 9:35 pm
BPM encompasses five basic processes: strategize, plan, monitor, act, and adjust as shown in Figure 1. Discuss the types of software tools and applications that are available to support these five basic processes. [16 marks] STRATEGY 1. STRATEGIZE objectives, incentives, Mission, values, goals, strategy maps INTEGRATED DATA AND METRICS decide, act, adjust, track collaborate, assess Interpret. 4. ACT/ADJUST Budgets, 2. PLAN plans, models. Initiatives targets forecas recasts s, analytical to Performance dashboards. 3. MONITOR/ANALYZE