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The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
Process Model The Process Model (PM) of an organisation is the ontological model of the state space and the transition space of its coordination world. Regarding the state space, the PM contains, for all internal and border transaction kinds, the process steps and the existence laws that apply, according to the complete transaction pattern.
A business process modeling of a process with a normal flow with the Business Process Model and Notation. Business process modeling (BPM) is the action of capturing and representing processes of an enterprise (i.e. modeling them), so that the current business processes may be analyzed, applied securely and consistently, improved, and automated.
For exchange of business process models, BPDM is an alternative to the existing process interchange format XPDL (XML Process Definition Language) from the WfMC (Workflow Management Coalition). The two specifications are similar in that they can be used by process design tools to exchange business process definitions. They are different in that ...
Business Process Re-engineering (BPR/BPRE) in a succinct way. Business process re-engineering (BPR) is a business management strategy originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization.
The same process model is used repeatedly for the development of many applications and thus, has many instantiations. One possible use of a process model is to prescribe how things must/should/could be done in contrast to the process itself which is really what happens. A process model is roughly an anticipation of what the process will look like.
The term process management usually refers to the management of engineering processes and project management processes where a process is a collection of related, structured tasks that produce a specific service or product to address a certain goal for a particular organization, actor or set of actors. [4] Processes can be executed with ...
A process meta-model is a meta model, "a description at the type level of a process model. A process model is, thus, an instantiation of a process meta-model. [..] A meta-model can be instantiated several times in order to define various process models. A process meta-model is at the meta-type level with respect to a process." [2]
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