Business Process Modeling Analysis Paper
Professor (enter here)
February 10, 2014
Business Process Modeling Analysis
Business Process Modeling (BPM)
Business process modeling (BPM) is a technique used by many business analysts to map out organizations current processes to help aid in determining necessary changes that need to be made. The analyst can use the information as a start point for designing improvements to current processes to incorporate in the future. The modeling provides a visual representation the organizations activities performed on a daily basis, how they are conducted, and show areas where improvements are required.
Modeling for BPM can include diagrams, graphs, or design charts to display current processes and potential areas of improvement. Business process modeling is an important tool used to handle a variety of different organizations and processes. The ultimate goal of a business process model is to define specific elements such as
1. “The goal of the process;
2. “Specific inputs and outputs;
3. “Consumed resources;
4. “Activities and the order in which they are performed;
5. “Significant events that drive or affect the process” (Slack, 2008).
A business model illustrates resources and capabilities necessary to develop market and deliver organizations values offered to generate profitable revenue streams. It will also determine relationships the organization will have with customers, suppliers and partners. The importance of a business model is it helps to describe how components such as strategies and business process fit together in order to produce a profit.
The model will display how an organization will be competitive in their market. Components of a business model can include.
1. Value proposition- it is a general description of a customer’s problem, the product or service that solves the problem, and the...