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  BPM - Not Just another Technology Fad  
 
Business processes control and describe how business is conducted. Organizations realize the importance of ensuring that all processes are executed smoothly and efficiently. Applications, on the other hand, are designed to perform a particular function or solve a particular problem. So to keep a particular process operating smoothly, employees devise workarounds and links between applications.Today we have a better understanding of how business processes operate and how they are to be handled by a new approach labeled Business Process Management (BPM).
  
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Inside Talk
Aligning Business and Technology
Mike Grime joined ANZ, among the top 50 banks in the world, in 2003. He is responsible for ANZ’s global information technology solutions and infrastructure, global back office payments processing and the provision of shared services. Before joining ANZ, Grime was with Standard Chartered Bank for ten years, where his most recent position was Group Head of Operations.
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Kaleidoscope
Deploying BPM in Banks
In the world of banking and technology, several emerging ideas catch the fancy of all concerned, but only a few make a lasting impact. In the last few years, Business Process Management (BPM) has been increasingly discussed in these circles. Recognizing the need to address operational efficiency, banks have tried to reengineer processes or automate various business functions.
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Tech Watch
Banking on Enterprise-level BPM
Most banks today need to integrate systems from different vendors or those developed in-house.
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Inside Talk
Aligning Business and Technology
Mike Grime joined ANZ, among the top 50 banks in the world, 2003.
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First Look
Process Management versus Process Reengineering
According to Smith and Fingar, the first wave of BPM began way back in the 1920s, when organizations
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