Are you ready for Business Process Management? As the title suggests, it is not an easy task or rather is an uphill task. You will find many roadblocks on the way to stop, deviate, misguide or befool you so that you are never able to reach your destination and wherever you reach – you will be convinced – as your destination. These roadblocks will be in the form of your peers, management, superiors, juniors and everyone else. Very few process owners will seriously cooperate you in this journey and the less you are aware about their business process, the more troublesome will be the journey for you.

When you start Business Process Management in any organization, your first task is to understand ‘where-is’ situation for all your processes. You will have to meet all business process owners – again and again to get more into it. The key factors of “Where-is” would be:
Cost of Quality: How much are you spending for the quality portion of a process? Is it visible and measurable? Or you might have to dig out further to arrive at this part. The cost incurred on finding/fixing bugs or errors is one of the major parameter.
Customer Complaints (External): If the same process or system relates to external customers also, collect the data pertaining to customer complaints and resolution time.
You might like reading:
Car rental business in India- Growth market for future?
Car rental business in India is growing rapidly at a CAGR of around 12% in a market that is currently dominated by the unorganized sector. The organized sector has a small portion of the pie and is expected to grow in the future. The organized sector differentiates itself from the unorganized sector in terms of its service parameters like quality […]
XIMB FINANCE CONCLAVE 2015 HELD IN MUMBAI
Xavier Institute of Management, Bhubaneswar hosted FINOMICS, its annual finance conclave at the Mirador, Mumbai on 16th August 2105. FINOMICS is the flagship event in the finance domain, organized by X-Fin, the finance association of XIMB. It aims to bridge the gap between industry and academia by getting industry stalwarts and alumni to share their widespread knowledge to understand the […]

























