Towards a framework for integrating risk and business process management

Sienou, Amadou; Karduck, Achim P.; Pingaud, Hervé

doi:10.1016/b978-008044654-7/50235-1

Cited by 6 publications

(6 citation statements)

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“…12 Furthermore, BPM can be beneficiary to many challenges, like dealing with uncertainties or reducing the complexity of events, which also enables better dealing with risks within organizations. 13…”

Section: Introductionmentioning

confidence: 99%

Social business process management in practice

Glavan

Tomičić-Pupek

Vukšić

2018

International Journal of Engineering Business Management

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Business process management (BPM) is a well-known holistic discipline used widely in practice for managing business processes and achieving better organizational performance. However, recently, due to technological development, using a traditional approach to BPM is not enough anymore. The answer to the limitations of the traditional BPM has been found in the introduction and application of the social software principles in the management of business processes within a new and emerging area called social BPM. In order to investigate its implementation and usage within the companies, a literature review has been conducted. It confirmed that social BPM is a developing phenomenon. Overall, 31 papers with case studies dealing with the usage of social BPM have been selected for further analysis. The case studies have been analysed with regard to structure, process and content dimensions as well as risk management and crisis.

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Section: Introductionmentioning

confidence: 99%

Social business process management in practice

Glavan

Tomičić-Pupek

Vukšić

2018

International Journal of Engineering Business Management

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“…Requirements are not explicitly defined and neither a procedure nor a tool exist. [46,[64][65][66] introduce and further develop the Business Process-Risk Integrated Method (BPRIM) comprising: a conceptual unification between the business process conceptual-model proposed by the ISO/DIS 19440 and a risk conceptual-model; a modeling language extending the ISO/DIS 19440 constructs with constructs for risk modeling; and a synchronized lifecycle that forms a procedure for integrated business process and risk management. The BPRIM lifecycle phases are supported by eleven viewpoints.…”

Section: R-bpm Approaches With Multiple Viewpointsmentioning

confidence: 99%

“…To address this research gap, this paper introduces a multi-view modeling framework in which all risk and business process concepts are unified and kept consistent at all times. Instead of starting from scratch, we build our contribution on top of our previous works [46,[64][65][66]72]. In these works, we introduced the Business Process-Risk management-Integrated Method (BPRIM).…”

Section: Introductionmentioning

confidence: 99%

Risk-aware business process management using multi-view modeling: method and tool

et al. 2021

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Risk-aware Business Process Management (R-BPM) has been addressed in research since more than a decade. However, the integration of the two independent research streams is still ongoing with a lack of research focusing on the conceptual modeling perspective. Such an integration results in an increased meta-model complexity and a higher entry barrier for modelers in creating conceptual models and for addressees of the models in comprehending them. Multi-view modeling can reduce this complexity by providing multiple interdependent viewpoints that, all together, represent a complex system. Each viewpoint only covers those concepts that are necessary to separate the different concerns of stakeholders. However, adopting multi-view modeling discloses a number of challenges particularly related to managing consistency which is threatened by semantic and syntactic overlaps between the viewpoints. Moreover, usability and efficiency of multi-view modeling have never been systematically evaluated. This paper reports on the conceptualization, implementation, and empirical evaluation of e-BPRIM, a multi-view modeling extension of the Business Process-Risk Management-Integrated Method (BPRIM). The findings of our research contribute to theory by showing, that multi-view modeling outperforms diagram-oriented modeling by means of usability and efficiency of modeling, and quality of models. Moreover, the developed modeling tool is openly available, allowing its adoption and use in R-BPM practice. Eventually, the detailed presentation of the conceptualization serves as a blueprint for other researchers aiming to harness multi-view modeling.

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“…All the risks must be managed to ensure that they are compensated for with a proportionate return. In this sense, RM is a "methodological approach to continuous identification, analysis, treatment and monitoring of risks by proactively using adequate processes, methods and tools" (Sienou et al, 2006). In particular, the goal of the value creation (Miglietta et al, 2017;Battisti et al, 2019) previously introduced is, thus, influenced by the ability of an organisation to manage potential risks to guarantee that optimal decisions are made (e.g.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Big data and risk management in business processes: implications for corporate real estate

Battisti

Shams²,

Sakka

et al. 2019

BPMJ

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Purpose The purpose of this paper is to improve understanding of the integration between big data (BD) and risk management (RM) in business processes (BPs), with special reference to corporate real estate (CRE). Design/methodology/approach This conceptual study follows, methodologically, the structuring inter-textual coherence process – specifically, the synthesised coherence tactical approach. It draws heavily on theoretical evidence published, mainly, in the corporate finance and the business management literature. Findings A new conceptual framework is presented for CRE to proactively develop insights into the potential benefits of using BD as a business strategy/instrument. The approach was found to strengthen decision-making processes and encourage better RM – with significant consequences, in particular, for business process management (BPM). Specifically, by recognising the potential uses of BD, it is also possible to redefine the processes with advantages in terms of RM. Originality/value This study contributes to the literature in the fields of real estate, RM, BPM and digital transformation. To the best knowledge of authors, although the literature has examined the concepts of BD, RM and BP, no prior studies have comprehensively examined these three elements and their conjoint contribution to CRE. In particular, the study highlights how the automation of data-intensive activities and the analysis of such data (in both structured and unstructured forms), as a means of supporting decision making, can lead to better efficiency in RM and optimisation of processes.

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Towards a framework for integrating risk and business process management

Cited by 6 publications

References 0 publications

Social business process management in practice

Social business process management in practice

Risk-aware business process management using multi-view modeling: method and tool

Big data and risk management in business processes: implications for corporate real estate

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