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Dynamic Business Process Management (BPM)
Dynamic business process management (BPM) is a new approach to business process management that emphasizes organizational agility and speedy reaction times in the face of evolving conditions. Dynamic BPM entails the ability to modify processes rapidly, providing for greater flexibility in complex business settings. With dynamic BPM, people are empowered with the right tools and technologies to make the appropriate changes in response to business needs.
What Small and Midsize Businesses Need to Know About Dynamic Business Process Management (BPM)
BPM is an effective technique for companies of all sizes and industries, including small and midsize businesses. Dynamic BPM is a natural fit for SMBs’ desire to be nimble and responsive, enabling them to compete against larger “dinosaur” firms with a slower reaction time.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business
