Week7 and week9 Essay Example
- Category:Business
- Document type:Article
- Level:Undergraduate
- Page:1
- Words:631
Week 7 and Week 9
Week 7 and Week 9
This week’s article by Peter Kung and Clause Hagen (2007) looks at the resultant outcome of business process management. The author describes how process reengineering when used alongside other modern technology ways can be harnessed to improve the general process quality. Peter Kung and Clause Hagen (2007) use a real-life case study from a reputable and recognized financial industry. The trade indicates how the process is carried out in a competitive environment. A number of processes with different characteristics used to provide details on how the approach is tackled. The processes include the “direct trade finance” process, the “closing accounts” process, the “settlement of securities” process and the “special orders” process. Trough the amalgamation of the different process restructuring and making use of modern technology, the various processes can be enhanced extensively. Through the use of improved technology, the cycle times of the restructured progression are torn down. Consequently, reliability is improved. According to Peter Kung and Clause Hagen (2007), the use of modern technology has also improved processes related performances leading to improved visibility. This in turn is a positive basis for further improved performance.
The article clearly indicates that the idea of process reengineering is appropriate and applicable. It also illustrates that the capability of a number of processes is still substantial and significant. It is evident that aggressiveness within the service industry can be enhanced significantly. The authors of the article conclude by pointing out that the effects of business process re-engineering process can be leveraged through the use of BPM systems. In Particular, they note that lead time can be significantly reduced to a level that would never be in scope when traditional methods are applied.
Bibliography
Kung P & Hagen C. 2007, The fruits of Business Process Management: an experience report from a Swiss bank, Business Process Management Journal Vol. 13 No. 4, 2007 pp. 477-487.
Week nine’s article is a relative assessment of business process modeling. The article is written by Laden Aldin and Sergio de Cesare. According to the authors, a lot of research in business process modeling is being carried out by different researchers because of value it has in enhancing understanding and communication.
In the article, a number of techniques have been put forward and used to capture the distinctiveness of various business processes. Nevertheless, the available and known techniques view business progressions from varied angles and have shown different features and means. Aldin and de Cesare (2009) point out that there exist fewer guidelines that can be used to select suitable modeling techniques with particular focus on the characteristics of the problems and the requirements. In this article, there is a clear presentation of a comparative analysis of well known techniques of business process modeling. A number of criteria are used and they based on a strong comparative framework. They include flexibility ease of use, understandability, scope and simulation support.
The authors bring to light a number of major paradigmatic differences that exist between the available techniques. According to the article, the proposed framework can be used to serve as a basis for evaluating further modeling methods as well as coming up with selection procedures.
The findings of the study, according to the authors, can be of great help to both the fields of education and business organizations. Academia need to be motivated to examine business process modeling that exists so as to be able to comprehend the similarities and differences. Our understanding of business models will also be enhanced. As a result, the best methods will be implemented to bring about enhanced productivity.
Bibliography
Aldin L. & de Cesare, S. 2009. A Comparative Analysis of Business Process Modeling Techniques. Department of Information Systems and Computing Brunel University Uxbridge, U.K.