BPM encompasses five basic processes: strategize, plan, monitor, act, and adjust. Select one of these processes and discuss the types of software tools and applications that are available to support it. Figure 4.10 provides some hints. Also, refer to Bain & Company’s list of management tools for assistance (bain.com/management_tools/home.asp).
Answer to relevant QuestionsNetflix’s strategy of moving to online video downloads has been widely discussed in a number of articles that can be found online. What are the basic objectives of Netflix’s strategy now? What are some of the major ...Distinguish between performance management and performance measurement.1. How did Blastrac achieve significant cost saving in reporting and information sharing?2. What were the challenge, the proposed solution, and the obtained results?What was the reason for Cabela’s to bring together SAS and Teradata, the two leading vendors in the analytics marketplace? What do you think is the most prominent application area for data mining? Why?
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