Business Process
Automation has become the next big thing in the information technology sector. Businesses all over are implementing automation models to manage workflow processes and increase efficiency. Among some of the leading automation structures, Business Process Management (BPM) has emerged as a popular choice by vendors. The discipline comprises of a unique combination of automation modelling, execution and control which are geared towards enabling a company to run more effectively.
But the road to success for BPM models has been far from easy. In fact, the rise of Business Process Management is nearing an end. According to a research conducted by Aberdeen Group in 2007, Business Process Management solutions have been a tough challenge for most companies. Some of the reasons behind the unpopularity of BPM solutions have been listed below:
Gap between BPM and People
To make any technology succeed in an organization, the right mind-set and organizational culture is required. One of the top challenges faced by executives implementing Business Process Management models was the inability to bring people on board with the new idea. The report stated that companies lacked a clear vision and roadmap for attaining business goals. Organizational members felt disconnected with the system and were unwilling to take control.
BPM limits innovation
Business Process Management programs can be harmful in some business structures where innovation is necessary. The idea of business evolution has gained momentum in recent decades due to increasing market competition. Businesses must be able to innovate and evolve with rapidly changing market trends in order to succeed. Business Process Management solutions tend to limit the amount of change a business can make in its processes. A research conducted by Brenner and Tushman revealed that a business with a BPM structure is more likely to fail if it does not innovate as compared to a business functioning without a BPM model.
Gap between process execution and process design
The Business Process Management lifecycle is diversely fragmented and lacks standards. Typically, a process will be broken down into different steps which require the usage of multiple BPM tools. To explain this further in simple words, it would be correct to state that the tools required for designing the process cannot be used to execute the process which can create a costly gap.
Lack of technical support
Many organizations have complained of the lack of technical support available for BPM models. Many vendors are unable to provide tools needed to address issues of the system. Since Business Process Management has become a broad area of recurring development, the lack of tool support has generated issues regarding inflexibility and process visualization.
Value Creation Automation: The New Approach
While the market for BPM solutions is in decline, Value Creation Automation is gaining momentum with its unique approach. Value Creation Automation is targeting a diverse set of industries, promising business leaders the key to unleashing maximum potential with technology.
Value Creation Automation is not a mixture of automated tools or components, rather it is single-structured technological framework which optimize business processes in a holistic manner. Superior interconnectivity and enhanced value delivery are key functioning aspects of this automation solution which enable businesses to scale robustly.
But all these fancy words have been used to promote BPMs, ERPs and other automation programs. So what truly makes Value Creation Automation different?
Integration management
The solution integrates all aspects of business functioning into a single holistic framework. Every activity and process is interconnected with each other to ensure maximum control.
Cost and Time Management
All activities and processes are measured against strict time and cost parameters by Value Creation Automation. Once a process is initiated, managers do not have to worry about measuring the time or the budget allocated. All process parameters and targets are displayed in real-time on screens for viewing purposes.
Value chain
“Value” is founding concept of Value Creation Automation. The primary purpose of VCA is to implement a value generating process flow which eliminates any non-value adding activity.
Lean and Six Sigma approach
The implementation of lean and six sigma has revolutionized industries to a whole new level. However, automated implementation of these principles is yet to materialize. Value Creation Automation instills Lean and Six Sigma at process and managerial level for maximum waste removal and increased productivity.