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Process based enterprises and management
involves completely changing and revolutionizing business system.
And management has to be changed according to the needs of the
environment. Executives’ adaptation to the new process based environment
can produce positive results (Chief Executive, 1996). Different business
sectors including financial institutions, insurance companies, banks,
brokerages and other companies can expand their product lines. And new
technology can be implemented to modernize work process in all the
branches.
To read more about
business process
management
To make business process at edge of others it requires effluent cultural
shift to reach top level of an organization. Before bringing in
broadband changes in organization structures and improving business
process management, it is important to look into deficiencies and
setbacks that occurred in previous design and structure.
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