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Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Innovations from Business Process Models

Innovations from Business Process Models
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Author(s): James Perotti (Rochester Institute of Technology, USA)
Copyright: 2010
Pages: 17
Source title: Business Information Systems: Concepts, Methodologies, Tools and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-61520-969-9.ch127

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Abstract

This chapter asserts that process models are an excellent platform for a continuous stream of innovations. Such models can illuminate opportunities for new products and services and for new ways of distributing products and services. These dynamic models make it possible to coordinate the efforts of multiple business partners in order to better serve customers with quality, speed, and responsiveness to their needs. There is increasing evidence that businesses using these models to discover opportunities have achieved a sustainable advantage over their competitors.

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