dynamic BPM (business process management)Dynamic business process management (BPM) is an approach designed to allow business processes to adjust quickly to changing business needs. In dynamic BPM, processes are designed to be highly adaptable, allowing participants to make rapid process adjustments at any time with low latency. The approach is used by organizations seeking to maintain and increase process efficiencies in fast-changing, chaotic business environments. There are a range of approaches within dynamic BPM. Low-level dynamic BPM approaches deal with simple business decisions, such as setting a threshold between when something happens automatically and when a person must get involved. A higher-level approach allows for dynamic configuration, such as changing the order of steps in a process or switching to an alternate path if problems arise. At even higher levels, dynamic BPM lets users create goal-driven processes that can change over time, depending on what’s needed to achieve specific objectives. Dynamic BPM can also employ process analytics, using tools such as predictive analytics and business intelligence to change processes on the fly and determine whether process goals themselves should change. Special Report: Dynamic BPM: From simple to sophisticated Dynamic BPM in action Dynamic BPM: Picking the right platform
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