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What is the role of business process management in strategy making?

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Question ajoutée par Akbar Bakhshmand , Production / Business Analysis , Saipa Corp
Date de publication: 2013/11/25
Mohammad Tohamy Hussein Hussein
par Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

Strategy making is a collection of business processes. The main ones are:

- Define your strenghts 

- Study your targeted market and define how you can capitalize on your strengths

- Define your weaknesses

- Define the external threats and prioritize handling your weaknesses to mitigate most if not all of these threats

- Clearly define the customers' needs in your targeted markets

- Define your competitive advantages compared to your competitors

- Define your strategies based on the above

 

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