From the Wires
Metastorm Releases New Business Transformation Practices Framework
Leading EA, BPA and BPM vendor develops powerful framework to help organizations manage change and provide a formal, repeatable approach to business transformation
By: PR Newswire
Feb. 15, 2011 09:00 AM
BALTIMORE, Feb. 15, 2011 /PRNewswire/ -- Metastorm, a leading provider of Business Process Management (BPM), Business Process Analysis (BPA), and Enterprise Architecture (EA) software for aligning strategy with execution, today announced the release of the Metastorm Business Transformation Practices Framework, designed to help organizations successfully drive and manage change.
The Metastorm Business Transformation Practices Framework is an executive management framework used to align the people, process, and technology initiatives of an organization closer to its business strategy and vision. Most organizations struggle to manage change and lack a consistent approach that fosters collaboration across the enterprise. As a result, business transformation efforts -- both large and small -- are often unsuccessful. On a recent Business Transformation webinar poll, when asked to describe their ability to manage change and business transformations within their organization, 63% of participants responded that it was "slow, painful and expensive" and 31% said that efforts were "disjointed and siloed." The Metastorm Business Transformation Practices Framework addresses these issues.
The framework helps organizations determine how, when and where to implement the right business transformation at the right pace to positively impact profitability, leadership and growth. Using this framework, organizations are able to eliminate complex, competing practices, reduce communication barriers across practice areas, discover current and potential gaps within existing practices, and link up and automate business processes. By aligning an organizational structure against a proven framework, organizations are able to prioritize and manage transformation initiatives, and achieve consistency, repeatability, and measurability across current and future transformation activities.
Key features include a Business Transformation Maturity Model, which examines specific practices, processes, capabilities and activities within an organization to determine its ability to successfully undergo a business transformation, as well as industry-specific reference models tailored to help organizations identify and manage change within a specific industry, best configure capabilities based on product, customer segments and location, and prepare and respond to regulatory change.
"To achieve growth and success in today's competitive business environment, organizations must evolve and change," said Neal Lohmann, director of business transformation solutions for Metastorm. "The Metastorm Business Transformation Practices Framework gives organizations visibility and understanding into their business practices, enabling them to select and implement the right business transformation that brings growth and leadership."
The framework is complementary to and integrated with the Metastorm ProVision(®) and Metastorm BPM(®) software -- ensuring that multiple, business transformation initiatives can be tracked, monitored, implemented and fine-tuned through business architecture and business process adjustments on an ongoing basis.
Visit the Metastorm Business Transformation Practices Framework solution page at www.metastorm.com/transform to read white papers, download solution snapshots, and register for the Business Transformation webinar series.
About Metastorm Inc.
With a focus on enterprise visibility, resource optimization, efficiency and agility, Metastorm offers market-leading software for enterprise and business architecture (EA), business process analysis (BPA), and business process management (BPM). As an integrated product portfolio, Metastorm Enterprise allows organizations to improve business results by better aligning strategy with execution. By combining the power of these three disciplines onto a common platform, Metastorm is helping organizations worldwide focus on the right business improvements, instill stronger governance, and accelerate time to value. For more information and success stories on organizations powering strategic advantage with Metastorm Enterprise, visit www.metastorm.com.
Metastorm, Business to the Power of 3, Enterprise Process Advantage, Metastorm BPM, Metastorm Discovery, Metastorm DNA, Metastorm Knowledge Exchange, Metastorm M3, Process Pod, ProVision, and the See.Think.Do image are either registered trademarks or trademarks of Metastorm Inc. Other product, service and company names mentioned herein are for identification purposes only and may be trademarks of their respective owners.
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