BPM: A holistic View – clarifying the Terminologies

As the name suggests, BPM literally means managing processes relating to any business environment. The scope covers virtually everything that is done in any business environment. To that extent, its reach is rather wide and so long as it refers to “managing”, there seems to be no requirement for any improvement. However the term “management” here should be interpreted more liberally to gets its true sense.For the modern business organizations, it represents not just monitoring, but also improvement of business process efficiency and effectiveness, usually with the help of ever evolving technology.

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