Digital Business (DBiz)

What has Innovation to do with Business Process Management – especially in our Digital World?

This question matters – now more than ever

Companies face daily new opportunities and threats in our fast changing digital world. Organizations have to establish a management discipline to integrate agile innovation into their business and realize the full potential of digital technologies and the power of the internet. The Discipline of Business Process Management (BPM) addresses this need. Correctly set up, it establishes an agile and focused innovation capability in an organization. The BPM-Discipline produces innovation in form of new impactful processes and organizes the way other innovations are developed and rolled out. It is  crucial for getting best value from digital transformations [1].

Taking Best Advantage of Process Mining

An increasing numbers of companies are becoming keenly interested in process mining. For example, the main track of the recent “International Conference on Process Mining (ICPM 2020)” had almost 2000 registered participants. While it was a virtual event due to Covid 19 – that level of participation is impressive nevertheless.

Why the rapidly growing interest in process mining? Unlike process modeling workshops, where the model is largely based on people’s perception of how work is done, process mining is data based. It extracts insights from processes by the means of analyzing the event data generated in IT systems. The potential benefits of process mining are principally related to process discovery and conformance checking. In other words, process mining compares data from the event log step-by-step with the process documentation or model to find discrepancies.

Leading vs Lagging Metrics

Digital transformation was always a 5 year plan that could be put off because it was so painful. But COVID has forced organizations to make dramatic, transformational changes in 5 months or 5 weeks. And the pace of change has not let up as organizations are evolving to stay relevant in very uncertain times.

Never has it been more important that the executives and managers have accurate dashboards and reports to be able to drive business decisions. But are they looking out of the windshield of the car or out of the back window?

Put another way, are the Key Performance Indicators (KPIs) that they are using to make their decisions leading indicators or lagging indicators? Lagging indicators vs. leading indicators

Some examples of lagging and leading indicators:

BPM Resurgence

Business process management (BPM) has been quietly undergoing resurgence as organizations gradually recognize the central role of process in digital transformation. Some industry observers have argued that process is sizzling, while others have pointed out that for BPM to achieve a renaissance it will require greater scale, flexibility, and collaboration than what was previously the norm.

Distance Learning for Professional Development

The Distance Learning Leader

BPMInstitute.org has been delivering online training for more than 15 years for individuals and groups. We can even provide training to groups across multiple time zones and around the world.

We've put together this short webcast to help you understand all of your options for online training.

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Download the pdf (but you miss out on the audio)

(Keep an eye out for a special discount on the last slide.)

Webcast Date: 
Tue, 03/24/2020 - 13:00

Taming Entropy: From Waterwheels to Robotic Process Automation (RPA)

In one of my earlier articles on Disruption, Innovation and the Art of Business Architecture, I made the case that the concept of entropy is highly applicable in explaining the evolution of business organizations.

Generally speaking, entropy is the measure of disorder in a closed system, and it is a concept borrowed from thermodynamics - the branch of physics that deals with the relationship between heat, work, temperature, and energy in a system.

Ramping Up Skills for Digital

EDITOR’S NOTE: DBizInstitute.org has released it first research report "Digital Business Adoption: Examining the drivers for digital business success around the world". Access this members-only report by logging in (existing members) or join DBizInstitute.org today.

Digital Business Adoption Research Report

The Digital Business Adoption Report, a members-only research report, represents the first survey by DBizInstitute.org and as such will form the baseline for future research in this area. The objective was to examine who and what is driving Digital Business Adoption as well as the expected benefits, enabling technologies and required skills for practitioners around the world.

Login or join today to get your copy. In the twelve-page report you will learn:

  • Who is Driving Digital
  • What is Driving Digital
  • What are the Prerequisites
  • Fundamentals for Digital
  • Skills for Digital
  • Skills Gap

Respondents from USA, Canada, Europe, Asia and Middle East provide a global flavor to the survey.

Top 5 Digital Trends for 2019

2019 is going to be a very different year than the past few years. 2017 was a "pedal to the metal" year where almost all were making forward momentum with digital. 2018 started strong, but there was a shift to "steady speed" over acceleration. Many economic experts are now predicting a slight dip in growth which means businesses will be hovering their foot above the brake pedal just in case the turmoil in the markets takes a sharp turn.  What does this mean for business investment in Digital? This blog will be my best shot at predicting the likely trends.

IBM Cloud Private: A Private Cloud Story

IBM Cloud Private is a reliable and scalable cloud platform that runs on your infrastructure. It’s built on open-source frameworks, like containers, Kubernetes and Cloud Foundry, with common services for self-service deployment, monitoring, logging and security, as well as a IBM portfolio of middleware, data and analytics. With IBM Cloud Private platform, development and administrative teams share a flexible cloud environment behind their firewalls to create new microservices-based applications, modernize existing apps using cloud-enabled middleware and securely integrate between the two.
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