"with other recent research suggesting that only 1% of businesses are adequately prepared to leverage their own digitalization initiatives, this timely and relevant study demonstrates a meaningful path to success"
(PRWEB) May 12, 2016
BPM-D has released the findings from its global research study showcasing the value of business process management practices to successful digitalization initiatives. The study, conducted in partnership with Widener University (Chester, PA) and Universidad de Chile (Santiago, Chile), includes responses from over 200 organizations spanning the Americas, Europe, Asia, and Africa. Respondents reflected a breadth of middle and upper management personnel, spanning small businesses to large enterprises.
Mathias Kirchmer, Managing Director & Co-CEO, BPM-D remarked “with other recent research suggesting that only 1% of businesses are adequately prepared to leverage their own digitalization initiatives, this timely and relevant study demonstrates a meaningful path to success.”
Peter Franz, Managing Director & Co-CEO, BPM-D highlighted how “digitalization offers many opportunities for business value but it requires a new set of skills that not every organization possesses. In order to realize the value of digitalization, organizations need to develop a means to maintain pace and reduce the overall time required for many inherent business process changes and adjustments.”
Yvonne Antonucci, Ph.D., Professor of Business, Widener University believes that “this study clearly indicates how the BPM-Discipline establishes a value-network across the traditional functional organization. Organizations utilizing process management systematically on a day-to-day basis are better equipped to understand where their own deficiencies in benefitting from digitalization currently are and how they might be improved significantly.”
Sigifredo Laengle, Professor of Economics and Business, Universidad de Chile, indicated how “the BPM discipline provides the transparency to identify the right transformation opportunities for an organization while an active and mature BPM-Discipline positions an organization to realize the full value of strategic initiatives faster, more effectively, and with less risk.”