The BPM lifecycle is a structured approach to managing and optimizing business processes in an organization, consisting of five phases that are completed in sequence. Each of these phases requires careful planning, execution and monitoring to ensure that the desired results are achieved.
Define the business processes that need to be optimized and divide them into several subtasks.
Capture all relevant information about the current state of their processes.
Identify bottlenecks and optimization potentials
Create models to visualize the target state of the processes
Develop solutions and improvements for the identified problems.
Implement the planned changes and automations in the processes.
Inform and train all parties involved
Set up mechanisms to continuously monitor the processes.
Take immediate action to correct deviations as needed.
Identify new opportunities to improve efficiency or adapt to changing requirements and market conditions.