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Overview: Business challenges are increasing for every industry almost everywhere—from
pervasive globalization and competitive markets to tightened credit and
volatile commodity availability and pricing. To be successful, companies must be able respond to change quickly and cost-effectively. They need to be
proactive by working smarter so that they can solve the problems of today and seize the opportunities of tomorrow.
For years, IT departments have been building infrastructures that support
the sometimes conflicting and always complex needs of their businesses. Now
there is even more pressure on IT to solve today’s business challenges.
Businesses that have built powerful individual solutions are beginning to
realize that the costs and complexity of today’s IT solutions could hamper
their ability to be more responsive to changes in the market.
Many enterprises have been rigidly structured into virtually proprietary and
separate vertical lines of business, sharing no common processes or parts of
the infrastructure with other departments. This structure aided business
control and direction for each line of business, but it prevented other
departments (and the corporations themselves) from reusing any components.
This kind of vertical structure also leads to duplication of IT effort and an increase in costs. It also prevents businesses from quickly and easily sharing valuable information. Thus, existing IT architecture and solutions can become part of the problem to be solved rather than the tool to help businesses embrace change.
Harnessing Your Tribal Knowledge
Corporations are modern tribes, with their own members, culture, and knowledge. Capturing, saving, and sharing the collective knowledge of the tribe can lead to a more...
Impact Business Performance with BPM
To maximize your chances for success, you need the ability to continually optimize, streamline and align business processes to meet changing business needs for greater performance. Business process management (BPM) from IBM can help.
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