Switzerland

Details

  • Service: Advisory, Management Consulting, Strategy & Operations, Financial Services
  • Industry: Insurance
  • Date: 9/6/2012

Process Framework - Disentangle complexity 

Modern companies are continously confronted with the challenge of keeping the overview, as tasks and functions have become more complex and business structures and processes more arduous. Hence, a review of all processes with the aim of standardising the process framework is a necessary consequence.
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Moreover, it can often be observed that the approach to process management is not very well structured. There are five clear rules which should be considered with regards to successful process management, whereof one is to have an overarching process framework. An effective process framework relies on the components principle, environment, tools & templates and results in various benefits as strenghten manangement, support compliance, maintain documentation, create transparency and assure completeness and consistency.
 

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