Comments on: Don’t be like GM: How a BPM strategy can help you avoid bankruptcy http://itknowledgeexchange.techtarget.com/cio/dont-be-like-gm-how-a-bpm-strategy-can-help-you-avoid-bankruptcy/ A SearchCIO-Midmarket.com blog Mon, 09 Nov 2009 01:31:18 +0000 http://wordpress.org/?v=2.6.2 By: BPM http://itknowledgeexchange.techtarget.com/cio/dont-be-like-gm-how-a-bpm-strategy-can-help-you-avoid-bankruptcy/#comment-76 BPM Tue, 23 Jun 2009 11:17:44 +0000 http://itknowledgeexchange.techtarget.com/cio/?p=274#comment-76 Its interesting to see how relevant the use of BPM is in ensuring stability of an organization. From the topic posted above I have understood that its not only critical to install a BPM suite but also necessary to customize and use it fully to generate rewards. Most importantly I believe success of a BPM implementation depends on how a company or individual uses it than just have it as a dummy tool. One of [A href="http://www.aworkflow.com"]our[/A] customer's (Ratan Tata) is a CEO of a giant corporation called Tata's. He found it difficult to manage his business operations and purchased from us our BPM suite. Since then the complexity of his business operations has decreased as the transparency factor has been installed with the installation of the BPM tool. Its interesting to see how relevant the use of BPM is in ensuring stability of an organization. From the topic posted above I have understood that its not only critical to install a BPM suite but also necessary to customize and use it fully to generate rewards. Most importantly I believe success of a BPM implementation depends on how a company or individual uses it than just have it as a dummy tool.

One of our customer’s (Ratan Tata) is a CEO of a giant corporation called Tata’s. He found it difficult to manage his business operations and purchased from us our BPM suite. Since then the complexity of his business operations has decreased as the transparency factor has been installed with the installation of the BPM tool.

]]> By: AdamH http://itknowledgeexchange.techtarget.com/cio/dont-be-like-gm-how-a-bpm-strategy-can-help-you-avoid-bankruptcy/#comment-74 AdamH Thu, 11 Jun 2009 06:14:00 +0000 http://itknowledgeexchange.techtarget.com/cio/?p=274#comment-74 Almost every state is affected by the GM bankruptcy as GM has announced plant closures, dealership closures, and even entire brand closures (such as Pontiac), and most of the employees dedicated to those jobs are going to likely experience a layoff. Even with good budgeting or funds from the government bailout, it still isn't enough to cover the ground lost by the loss of a profession. Short term loans aren't going to assuage the hurt, and GM is in trouble. They are all but filing for bankruptcy at this point, and hopefully if they do file it will be a short one. It looks like there will be cash advances in the near future for [A href="http://personalmoneystore.com/moneyblog/2009/05/28/gm-closing-plants-employees-rush-short-term-loans/"]GM employees[/A]. Almost every state is affected by the GM bankruptcy as GM has announced plant closures, dealership closures, and even entire brand closures (such as Pontiac), and most of the employees dedicated to those jobs are going to likely experience a layoff. Even with good budgeting or funds from the government bailout, it still isn’t enough to cover the ground lost by the loss of a profession. Short term loans aren’t going to assuage the hurt, and GM is in trouble. They are all but filing for bankruptcy at this point, and hopefully if they do file it will be a short one. It looks like there will be cash advances in the near future for GM employees.

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