Business process management (BPM) is a business management philosophy
consisting of the idea that a business can be understood and managed solely
in terms of business processes. BPM is process-centric and responsive to
change in business requirements and objectives. Businesses are defined
through dynamic processes that change almost constantly.
Workflow Management Coalition Terminology and Glossary defines a business
process as follows:
As being associated with operational objectives and business relationships
such as claims process. As having a defined triggering (initiation)
conditions for each new process instance (e.g., the arrival of claim) and
defined outputs at its completion. May involve formal or informal
interactions between participants; its durations may vary widely. May consist
of automated activities and is capable of workflow management and/or manual ... (more)