Join hosts Caspar and Russell as they explore key insights from Michael Schank on digital transformation, covering essential strategies for effective BPM and the role of process inventory.
A new podcast episode of BPM360 was published on Sep 06, 2024:
Overview:
Michael Schank joins BPM360 to discuss the pivotal role of process inventory and business architecture in digital transformation. Key insights cover balancing business and IT, establishing ownership, and leveraging digital twins powered by AI for enhanced organizational management.
Core content:
- Schank highlights the necessity of creating a comprehensive process inventory as a foundation for effective digital transformation efforts.
- Understanding how business capabilities connect to processes is crucial for aligning risk management and other business functions.
- Establishing clear ownership and governance structures ensures accountability and accuracy in digital transformation initiatives.
- Resistance to building a process inventory can be mitigated by illustrating its long-term value and cost-effectiveness.
- Future BPM efforts should focus on creating integrated management systems that connect organizational knowledge into cohesive digital twins.
Learnings:
- Listeners will gain insights on the importance of aligning business processes with organizational hierarchies for digital transformation success.
- Understanding the balance between IT capabilities and business needs is essential for effective BPM implementation.
- Digital twins, powered by AI, can offer real-time insights, aiding in better decision-making and organizational efficiency.
- Capability models must be tied to actual processes for effective cross-functional analysis and standardization.
- Adopting object-centric BPM platforms is crucial for managing the complexity of modern enterprises and ensuring scalability.
The original content was published in English.
