Bpm in Standard Chartered

8/7/2019 Bpm in Standard Chartered

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BPM IN STANDARD CHARTERED


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BUSINESS PROCESS MANAGEMENT

Business Process Management is, as the nameimplies, about managementof businessprocesses

BPM system need to provide a representation ofthe process which is meaningful to a businessperson.

BPM allows organizations to abstract businessprocess from technology infrastructure

One a business person draws a diagram, that isthe diagram that is executed.

The process itself is visible, even as the programsupporting it executes


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Different from traditional projects

Focuses on larger organizational goals

Considers business factors like costoptimization, agility

Key priority is building the services layer on

which business processes can be orchestrated. Focus on optimizing the processes and assets

at every stage of project lifecycle


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WHAT BPM DOES?

Connects different

In a specific

to achieve a business goal

business activities

order


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ADVANTAGES OF BPM

End-to-end

view ofbusiness

Enforce

Compliance,

Policies

Best-practices

Costeffectiveness


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BENEFITS OF BPM


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ENVIRONMENT

Key functions a BPM environment should provider are

Development/Change Time

Process Modeling

Analysis, optimization

Run-time

Process Orchestrations

State management

Process correlation

Transaction support

Expose the orchestration as a service to outside

Process monitoring

Workflow User Interfaces

Business rule management


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KEY PARTS OF A PROCESS

MANAGEMENT SYSTEM

ModelingModeling

&&

Design toolsDesign tools

Process ExecutionProcess Execution

ProcessProcess

EngineEngine

ProcessProcess

DataData

BusinessBusinessRulesRulesWorkflowsWorkflows

UsersUsers

ERPERP

CRMCRM

BusinessBusiness

SystemsSystems

ProcessProcess

Dashboards,Dashboards,

Monitoring,Monitoring,

AnalyticsAnalyticsBusinessBusiness

ServicesServices


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BPM RELATED STANDARDS

BPEL - For expressing abstract and

executable processes

BPMN -Diagramming conventions fordescribing business processes

XPDL Focus onDistribution of work

SOA

Web service standards


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BPM LIFECYCLE


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BPM IN STANDARD CHARTERED

Used in the investment arm

Tracks any transaction through its lifecycle

Earlier there used to be too much paperwork Brought end to end visibility, model

compliance adherence, streamlined the

process Removed manual intervention, errors are

less, no deviance from the framework


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FACTORS AFFECTING BPM

Assembly-line

Paradigm not fit for many exceptions

Higher expectations from

the Social Networking world

Growing complexity of

Business interactions

Need for more intelligent

Process discovery

Light-weight process modeling,

Execution, monitoring

Processes connected

beyond enterprise

Self linking processes,

Ubiquitous processes


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BPM AND OTHER METHODOLOGIES


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BPM AND THE ORGANIZATION

Jobs will be affected due to change in

operating processes

Alignment of business and IT Focus shifts from day to control to matters

with higher tactical content

Impact of BPM depends on how it is used.

Bpm in Standard Chartered

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