5 Important Trends in Business Process Management

5 Important Trends in Business Process Management

By Discovery Lean Six Sigma

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Business process management is constantly evolving, and it’s important to stay in touch with the current trends in the field, no matter how critical your leadership position might be to your organization. Generally speaking, every leader is a critical figure in the company they work for, and everyone should be on the same page when it comes to managing the core processes of the company.

1. Better resource sharing

The idea of sharing resources between employees, and promoting general cooperation, is something that’s becoming more and more established in business process management. It’s important to take a deep look at the opportunities your company provides to its employees for optimizing each other’s work and sharing their available resources more adequately, and solutions to problems in this field might not always be immediately obvious. Make sure that you investigate any potential issues on a low level, talking to your different employees as much as possible to figure out if there is anything that they’d like to see changed.

2. More data analysis

This is becoming more and more common in all areas of business operations, not just process management, and it’s important to stay on top of this trend as a modern leader. Data collection and analysis is becoming easier and easier thanks to modern technology, and using these systems correctly can shed a lot of light on how your company is running and what areas might be in need of improvement.

3. A flexible approach

You should try to maintain a flexible approach that’s open to change in your process management, especially if you operate on a market that moves at a rapid pace. There are many ways to optimize your performance on the market in order to ensure that you’re ready to meet any sudden changes quickly and efficiently, and it’s usually a good idea to plan ahead for that as early as possible. Having a contingency plan for most types of issues that you could run into is one of the best ways to ensure that you remain unaffected by sharp changes in the direction of your relevant market. Lack of preparedness in this area kills more companies than you’d guess, so be careful.

4. Simplicity and minimalism

Another important point to consider is that you should do your best to avoid complicating your processes at every step. Minimalism is gaining strong popularity in business process management, and it’s not just a matter of reducing the resource usage of an organization. There are some real benefits to be reaped from maintaining everything as simple as possible, but unfortunately, it’s also quite difficult to get it right when you want to keep everything down to the bare minimum. It often takes a lot of experience to know which corners you can cut – and when – which is why leaders who’ve been working for many years tend to be quite valued on the market.

5. Failure recovery

You’re going to run into problems sooner or later – it’s pretty much impossible to prevent issues from occurring in your processes, no matter how well you’ve designed them. What you can do, however, is to provide a good environment for dealing with those problems once they arise, and getting work back on track. Many companies have a severe lack in this regard, and they end up suffering quite a lot when they run into a problem that they are not prepared for. Having a contingency plan for the most common types of issues that can occur in your daily work is one of the best elements of a successful business process management implementation that you can have.

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Original: http://www.shmula.com/5-important-trends-in-business-process-management/26038/
By: Shmula Contributor
Posted: June 15, 2018, 1:00 pm

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