Cutting Costs and Improving Operational Efficiency With Business Process Management (BPM)
Cutting Costs and Improving Operational Efficiency With Business Process Management (BPM)
Best-in-Class Organizations Reduced Operating Costs by an Average of 26% Through the Use of BPM Technologies
BOSTON, MA, Dec 11, 2008 (MARKET WIRE via COMTEX) --
In the newly released research report, "BPM and Beyond: The Human
Factor of Process Management," Aberdeen Group, a Harte-Hanks Company, found that Best-in-Class organizations drove a weighted
average 26% year over year reduction in operating costs by leveraging
process management strategies, tactics, and tools. This study
collected data from more than 230 end-user organizations and found
that these companies are working to build a culture around process
management in order to achieve substantial improvements in
operational efficiency and customer service. To obtain a
complimentary copy of the report, visit:
http://www.aberdeen.com/link/sponsor.asp?cid=5464.
In a constantly fluctuating marketplace, achieving a competitive
position is closely linked to an organization's agility and their
ability to respond quickly to business opportunities. IT complexity
and redundant operational processes lead to unnecessary cost and
effort, the elimination of which can serve as a springboard to
organizational growth. By gaining visibility into the core and
crucial processes that serve as the engine of a business, companies
have been able to strip out process waste and run leaner. Prior
Aberdeen research justifies the notion that BPM tools are an
important technology enabler in achieving this efficiency. As BPM
technology has advanced and started to permeate more layers of the
organization, this visibility and monitoring capability has now been
passed beyond the walls of the IT organization and into the hands of
more business focused users. This expansion of BPM has enabled a key
foundation of operational visibility for the non-power users and
paved the way for a more human focused approach to process
management. With a focus on augmenting several internal capabilities
around process, organization, knowledge management, and performance
measurement, Best-in-Class companies have been able to foster a
breeding ground for BPM use, ultimately leading to considerable
performance improvements.
"Companies that have implemented BPM successfully and produced
demonstrable performance improvements are the ones that have spread
its functionality throughout several areas of the business," explains
Michael Lock, Research Analyst for Business Intelligence at Aberdeen
Group. "Best-in-Class companies in particular have shown the broadest
adoption of BPM within the organization. Regardless of the types of
technologies in use and the application of the technology, top
performing companies have a common approach to BPM. This strategy
encompasses a strong foundation of organizational capability to help
measure, monitor, improve, and optimize their business processes for
use in a wider range of applications across the company."
The report is aimed at educating the end-user community as to how
Best-in-Class organizations are improving organizational maturity and
leveraging a suite of technology enablers to bring about marked
improvements in operational efficiency and customer service. The
report recommends clear actions for Industry Average and Laggard SMBs
to achieve these types of performance improvements and draw closer to
the Best-in-Class.
A complimentary copy of this report is made available due in part by
the following underwriters: Appian and Satyam. To obtain a
complimentary copy of the report, visit:
http://www.aberdeen.com/link/sponsor.asp?cid=5464.
For additional access to complimentary Information Technology
Research, please visit
http://research.aberdeen.com/index.php/-information-technology
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market
intelligence that delivers demonstrable results. Having benchmarked
more than 30,000 companies in the past two years, Aberdeen is
uniquely positioned to educate users to action: driving market
awareness, creating demand, enabling sales, and delivering
meaningful
return-on-investment analysis. As the trusted advisor to
the global technology markets, corporations turn to Aberdeen(TM) for
insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting
content in context for the global direct and targeted marketing
company. Aberdeen's analytical and independent view of the "customer
optimization" process of Harte-Hanks (Information - Opportunity -
Insight - Engagement - Interaction) extends the client value and
accentuates the strategic role Harte-Hanks brings to the market.
For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
Copyright 2008 Aberdeen Group, Inc., a Harte-Hanks Company
451 D Street, Suite 710
Boston, Massachusetts 02210-1928
Telephone: (617) 854-5200
Fax: (617) 723-7897
www.aberdeen.com
SOURCE: Aberdeen Group
______________________________________________________________________
Submit Press Releases to THE BPM NETWORK send to BPM@pr2web.com.
(For more details visit www.pr2web.com)
For more resources on Business Process Management see: THE BPM NETWORK
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Gary E. Smith
BPM Architect - BPM in a Connected World
THE BPM NETWORK
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