Business Process Management (BPM): The Third Wave Reviews
Business Process Management (BPM): The Third Wave
This book heralds a breakthrough that redefines competitive advantage for the next fifty years. Don’t bridge the business-IT divide: Obliterate it! The book is the first authoritative analysis of how third-wave business process management (BPM) changes everything in business and what it portends. While the vision of process management is not new, existing theories and systems have not been able to cope with the reality of business processes –until now. This book describes a radical, simplifying shift in process thinking and technology that utterly transforms today’s information systems and reduces the lag between management intent and execution. A process-managed enterprise makes agile course corrections, embeds Six Sigma quality and reduces cumulative costs across the value chain. It pursues strategic initiatives with confidence, including mergers, consolidation, alliances, acquisitions, outsourcing and global expansion. Process management is the only way to achieve these object
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Most Fascinating Biz-Tech Idea,
OK, here’s the story on this one: Some obscure mathematician (Milner) has found a way to model the real world by unifying computer algorithms and communications protocols and this has been picked up by an equally obscure open source community (exolab) which founded a standards group (BPMI.org) and tech company (Intalio) who are building a new class of enterprise system (BPMS) which the book claims will be as important as databases. (you see, I can do research) The book, by CSC Index, the reengineering company, claims some new benefits for this process based approach to building business systems. At this point you might have decided not to buy this book. You’d be wrong. What the book describes is one of the most fascinating Biz-Tech new ideas this reader has ever encountered, period. And from the endorsements in the frontis, it looks like this might be a major trend. My best line from the book …. “As Walt Disney once said, objecting to a proposed sequel to his Three Little Pigs cartoon, “You can’t top pigs with pigs” In the world of business, stacking a thousand doghouses one atop the other to build a skyscraper is a great proposition for doghouse vendors, but not for future occupants. Skyscrapers need an architecture of their own — their own paradigm, not a sequel to the doghouse paradigm” Read and enjoy.
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