The Insider's Guide to Next-Generation BPM
By Brian Barnier , 11/17/2008
Print this article
Email this article
Talk Back!
Write to Editor
They seek return while managing risk. For the small business, risk is often more dramatic and apparent than the large business, making better stories. Yes, even cartoon characters struggle in the face of threats to their objectives. So why is it so difficult for risk managers to carry this message home to larger organizations? Why is it so difficult for IT & physical infrastructure risk managers to carry this point, even in organizations where risk management is otherwise of great concern? While the exact answers are often organization-specific, some common causes apply across organizations.
It can often help to consider the questions in your organization in two lights:
Risk and Risk Management
Organizations can get tripped up when they don't have a clear view of what "risk" means. For some, a "risk" is the same as a threat, a potential event or incident that can happen -- an accidental cable cut. For others "risk" is an impact -- the events that unfold if a threat actually happens against a specific asset or assets. For example, the cut of a communications cable for a customer contact center can reduce, delay or eliminate the ability to process transactions. Others will evaluate this in terms of outcomes -- lost of revenue, customer satisfaction or increased cost. Still others might put "risk" in consequence terms of reputation loss or regulatory penalties.
Yet, classically, risk is pretty simple math -- the likelihood that something will occur multiplied by the impact if it occurs. For example, a person's potential blood pressure, price of a stock, or a little shop running out of milk to sell.
Second, we can think of at least two ways to evaluate and act on risk.
-1-
Best Practices in Moving Processes to the Clouds
How Can the Cloud Fit Into Your Applications Strategy?
Cloud Data Integration Best Practices
The Economics of Cloud Computing
Data Services Insight: Successful implementation of Canonical Information Models
ebizQ editorial highlights and updates, compiled by Site Editor Anne Stuart
March 10, 2011
The sixth annual BPM in Action 2011 Virtual Conference will explore cutting-edge market developments in BPM and describe how to leverage them for improved business operation and performance. More
Date:Apr 07, 2010
Time:13:00 PM
ET- (17:00 GMT)
Date:Apr 07, 2010
Time:12:00 PM
ET- (16:00 GMT)
In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.
Listen Now
Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.
Listen Now
Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.
Listen Now
In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.
Listen Now
Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.
Listen NowSmart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More
A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More
|
|
This new publication from our sister site SearchSOA.com explores workflow, business activity monitoring (BAM) and complex event processing (CEP) issues. |
|
|
