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Essay / The Importance of Implementing Business Management...
SUMMARY The objective of this report is to explain to Mr. John Doe the importance of implementing the management process (BPM) in his company Platinum concepts Pty ltd. This report provides details of the current business process using a simple AS IS diagram. Furthermore, it analyzes the problems that the company is facing at the current stage. The main findings showed that most of the work is done manually and there is no use of automation machines or electronics. This report provides the proposed solution to the problems by explaining the need for computerization of business processes and implementation of ERP system in the company. Before considering this process, a few elements must be checked such as cost estimation, training of the employee by professionals. Finally, this report recommends Jim to introduce ERP system in the business process and effective marketing strategy to maintain a competitive edge in the market. BPM AND STRATEGYBPM is a systematic approach that helps manage businesses throughout its process. For example, BPM software can easily take care of a missing product or guide an employee through the steps to resolve why an order hasn't arrived. This technology is the result of ongoing collaboration between IT and business users to co-create applications. This generally helps people integrate their work and information. In today's modern era, competition in this global market among businesses is becoming increasingly difficult and making it difficult for small businesses to survive. Every business requires developing an effective and efficient strategy to survive in a dynamic business environment. It is therefore important to develop a strategy and implement it using business processes...... middle of paper .......11) Nesscom Ltd, 2012, Benefits of BPM, retrieved 25 April 2013,12) Onibokun, 2010, Staying on the Edge: Ways to Reduce BPM Implementation Costs, retrieved April 27, 2013,13) SAP, 2012, SAP ERP Software, retrieved April 24, 2013,14) SAP, 2011, SAP Business One - Small and Medium Enterprises Enterprises, retrieved April 25, 2013,15) Silver, 2008, BPMS Watch: The Next Innovation in BPMS, retrieved May 1, 2011, http://www.bpminstitute.org /articles/article/article/bpms-watch-the-next-innovation-in-bpms.html>.