Business Process Modelling Project for Reliable Finance Company

Assessment 3: Business Process Modelling Project
Student’s name
Institution Affiliation(s)
Due date: 1st June 2019 23:55

Table of Contents
2. Enterprise Architecture (EA).................................................................................................2
How EA and BPM (Business Process Modelling) is linked..................................................2
How a BPM activity may affect enterprise architecture........................................................2
How an incremental change to the EA blueprints impacts the portfolio of BPM processes..3
Discuss how Value Stream Mapping/ model will help the business to grow........................3
3. Discussion on Reliable Finance Company BPM...................................................................3
4. Collaborative Business...........................................................................................................6
5. Business intelligence..............................................................................................................7
Recommendations for RFC........................................................................................................8
References................................................................................................................................10
Appendices...............................................................................................................................12
Appendix (i): Current BPM for RFC....................................................................................12
Appendix (ii): New BPM for RFC.......................................................................................12
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2. Enterprise Architecture (EA)
How EA and BPM (Business Process Modelling) is linked
The development of enterprise architecture is revolutionizing the business industry.
Organizations are adopting this to improve their performance and make their work effective
and more efficient. This applies best to a very large organization that handles a lot of work
volume. This has brought about many complexities for the normal system, mostly because of
the different platforms that exist (Gong & Janssen, 2019). To effectively manage these
complexities that come with large volumes of data, the enterprise architecture is
implemented. It merges the information system with the business aspect of it. This leads to a
significant reduction in operation costs.
How a BPM activity may affect enterprise architecture
Enterprise architecture principles are essential in ensuring the effectiveness of
enterprise architecture since they offer a means of governing changes. Principles in enterprise
architecture provide enterprises with mechanisms for better balancing of the top-down
approach and bottom-up approach by focusing on what is regarded as an essential using
strategy. EA principles can be employed to precisely meet the needs of propagating enterprise
transformation because they decrease the risk of being trapped in over-specification. Since
EA principles offer guidance relating to efforts in architecture, their application ought to
reflect a degree of consensus across the enterprise while at the same time embodying EA
thinking (Iyamu, 2018). Therefore, the application of EA principles needs to focus on not
only the architecture-level issues but also restate and embody a set of business principles.
Hence, the application of these EA principles supports business principles, goals and
strategic drivers since architects have to ensure the current definition of business principles
and clarify areas of ambiguity. BPM will enable RFC to meet its objectives for payment
system - RFC objectives include expanding the number of RFC branches to 400 within the
next three years and to 1000 branches within another five-year period after that. Also, since
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the President has asked 16 MIS Department to develop recommendations for the re-design of
the existing consumer loan system, BPM and EA will help RFC meet these requirements.
How an incremental change to the EA blueprints impacts the
portfolio of BPM processes
General principles like business continuity, together with information principles such
as treating information as an asset, seem to be essential principles in any company. Moreover,
application principles like easy-to-use applications as well as technological principles that
ensure changes are made based on requirements are critical to my company. All these
principles embody every aspect of enterprise architecture since they consider crucial aspects
in EA like business, application and technological principles (Gorkhali & Xu, 2017). To a
colleague, EA principles form the basic reference for all IT projects and initiatives since they
propel the governance of EA. Illustration of the usefulness of the EA principles relies on the
fact that principles form the foundation of EA because they embody rules and guidelines for
the EA
Discuss how Value Stream Mapping/ model will help the business to
grow.
Value stream mapping is the concept of a framework that defines the operations of an
organization. The application of this framework is with the overall intention for the
organization to achieve its future objectives, and be successful. The information has become
a crucial part of most modern enterprises and organizations. It has a direct impact on the
activities of a business and all the related functions. The ability to effectively manage the
integrity and quality of this information is vital for the survival and success of any
organization. Value stream mapping brings together the Information Technology components
into the management of normal business activities (Kotusev, 2019).
3. Discussion on Reliable Finance Company BPM
Enterprise business architecture involves a portrayal of the processes, entities and
functions on a business scale. In addition, business architecture acts as a foundation for the
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