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The term Business Process Management (BPM) has been buzzing around for quite a while.
What exactly is BPM?
Is it solely about technology?
Or is it more than that?
Yes, BPM is in vogue because the technology to model processes, simulate them, improve them, and maybe even improvise is available in a huge way.
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Corporate, or enterprise governance, establishes the rules and the manner in
which an enterprise conducts business, based upon its strategy, marketplace,
and principles of doing business. It defines for employees and for business
associates the processes that are used to conduct operations and the manner in
which people interact.
Beginning with the board of directors and extending throughout the organization,
there are many aspects and levels of corporate governance. All aspects of the
business are touched in some manner. Governance is applied to major
functional areas of an organization. Organizations govern their financial assets,
human resources, customer relations, intellectual property portfolio, and their
Information Technology.
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