Revisiting Business Agility through BPM
May 19 2013 |
The recent economic turmoil has elevated the importance of “agility” for enterprises. The first few weeks of 2010 were great as we were hopeful that we were on a path to recovery. But we soon learned the recovery is rather tepid and slow moving. There are way too many systemic factors that are causing chaos and volatility. In this climate, agility – meaning the rhythm of rolling forward new solutions and rolling back current offerings – has to be synchronized with both market oscillations and anticipated market receptiveness. BPM suites are the critical enabler and catalyst for achieving such dynamic agility. How? There are two interdependent and critical requirements for agility in business process management solutions:Posted In: BPM | Tags: Agility, Business Process Management, Business Transformation, Business Technology, BPMS, Flexible, Situational
- The first is the ability for business stakeholders to quickly – and incrementally – introduce change. The change “delta” from business analysis to execution has to be almost seamless and instantaneous. What is required to change is what gets executed is the new mantra. This “change” spans creating new solutions for existing and new markets. It also includes deprecating or re-positioning existing solutions.
- The second – and perhaps more important— is the ability to respond quickly and adeptly to a given situation. This “ability” to respond, based on a situation, applies to business functions, lines of businesses, as well as the enterprise as a whole. Here you have the execution of adjustable process machines that can maneuver, adjust, and respond for a given context.