Applying BPM to Greenfield Investments Overseas

Business Process Management (BPM) is an essential framework for greenfield investments, particularly when expanding internationally. When assessing greenfield opportunities, investors should focus on business models that establish clearly defined and repeatable processes from the outset. The advantages are evident: this approach allows for rapid scaling while ensuring operational consistency. However, for successful international expansion, processes must be flexible enough to accommodate local market variations while maintaining core operational efficiency.

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Entropy in Business Processes: How BPM Can Tame the Chaos

The Merriam-Webster dictionary broadly defines entropy as the degree of disorder or uncertainty in a system. When applied to the business world, specifically to business processes such as Procure-to-Pay (P2P), business entropy can manifest as inconsistent supplier management, complex approval workflows, or inefficient resource allocation. Moreover, if left unchecked, business entropy can lead to increased errors, delays, and costs, ultimately impacting the bottom line.

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The Role of BPM Optimization in Business Cross-Border Expansion

When it comes to expanding business internationally, the role of Business Process Management (BPM) optimization is often overlooked or barely taken into account. The challenges of penetrating international markets lie not only in replicating a successful business model but in adapting and thriving in a new, complex market landscape. Here, standardization is a must.

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