Growing Need for Business Process Management Systems amidst COVID Era
The Social And Economic Opportunities Offered By COVID-19 Have Highlighted The Genuine Benefit Of Evaluating A Business’s Strengths And Weaknesses As Well As Identifying And Reducing Serious Risks.
Keywords: Process Management, Business Development, Process Improvement, COVID-19
COVID-19 is having a significant impact on the economy, and as the problem grows, many firms are working to understand it, adapt to it, and learn from the rapidly evolving events. The Harvard Business Review[1] has published some excellent advice from Martin Reeves, Nikolaus Laug, and Phillip Carlsson Szlezak on how to lead, manage, and grow firms amid a crisis.
Businesses occasionally encounter events that put their survival in jeopardy, such as pandemics, recessions, and declining market share. However, those with rigid or erratic procedures are affected particularly hard. How organizations evaluate their procedures for the future will shape 2022 and beyond. Even though the actions already taken may have been reactive, long-term business viability requires implementing thoroughly thought-out strategies to deal with potential interruptions. The pandemic has caused changes in workflow, communication, future proofing and financial and project management procedures. Consider ways to improve your own processes.
“Business Development and Process Lifecycle: Growth is never by mere chance; it is the result of forces working together.”
~ James Cash Penny, Businessman and Entrepreneur who founded the JCPenney stores in 1902.
A fluid approach is also best for project development, content creation, communication skills and innovation. Workers should clearly be able to enter and exit a system with a document, for instance, without interfering with another person’s work or losing changes. Your software and BPM system should provide clarity and version control that streamlines the best business development process, especially as more employees work from home.
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