COIT20252 BPM E-portfolio: Business Process Strategy and Structure

This e-portfolio assignment delves into business process management, focusing on strategy and organizational structure. It covers Porter's Five Forces model, the Balanced Scorecard approach, and the three-phase process for strategy formation, highlighting their relevance to business process strategy. The portfolio also addresses organizational processes and structure, examining process change methodology and the systems view of an organization. The selection and justification of various resources, including YouTube videos and websites, demonstrate a comprehensive understanding of the topics. This assignment provides a structured approach to understanding and applying key concepts in business process management.

Running head: BUSINESS PROCESS MANAGMENT
BUSINESS PROCESS MANAGMENT
Student’s Name
University Name:
Author’s Name

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Table of Contents
Business Process Strategy lecture..............................................................................................3
1. Porter’s five forces model...............................................................................................3
Summary.............................................................................................................................3
Reason for selecting this.....................................................................................................3
Relevance of Porter’s Five Forces to Business process strategy........................................3
2. The Balanced Scorecard Approach.................................................................................3
Summary.............................................................................................................................3
Reason for selecting this Balanced Scorecard Approach...................................................4
Relevance to the to the Business process strategy..............................................................4
3. The three phase process for strategy formation..............................................................4
Organizational Processes and Structure Lecture........................................................................5
4. Process Change methodology.........................................................................................5
Reference List............................................................................................................................6

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Business Process Strategy lecture
1. Porter’s five forces model.
Summary
Porter’s five forces model maps the competitive position of any organisation within the
industry. It indicates the organization’s strength in the context of five parameters, namely
bargaining capacity of the buyers and that of the suppliers, the threat of the market substitutes
and the rivalry among that exists among the competitors.
Reason for selecting this
Porter’s five forces indicate the profitability that the organisation would be able to achieve in
the long run and conclusively all business related strategies would be computed according to
the dominion of the company in the industry (Schoemaker, 2016). This is why it is justified to
highlight this business model as a business process strategy.
Relevance of Porter’s Five Forces to Business process strategy
An example can be cited in this context. In case, there is availability of the same product
from various suppliers, the buyers are in a position with high bargaining power. In another
case, if there are low market entry options in the market new entrant are easily attracted to
enter the market. For instance availing a market entry in the home cleaning business is much
easier than entering in to the productions business. Hence it is evident that the business
processes are dependent on the outcomes of the analysis of the Porter’s Model heavily.
2. The Balanced Scorecard Approach.
Summary

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This is a system of strategic planning that helps in the communication among the
stakeholders regarding what the organisation ids attempting to accomplish in the near future.
Reason for selecting this Balanced Scorecard Approach
This is essential for immediate strategy making or prioritisation of particular projects or
deliverance of immediate services. Hence the analysis made with this model have direct
influence on the business processes. This is the reason for the alignment of this topic to the
Business process strategy.
Relevance to the to the Business process strategy
The business planning that is accomplished by the implementation of this model helps
manager to proficiently decide the financial initiatives that the company is going to
undertake. The employee level objectives of the organisation are also fulfilled. Hence, this
process has a big contribution to the demarcation of the business process, particularly with an
eye to the future. As per Mitra (2018), this process also helps the managers as well as the
employees to foresee which initiatives are exactly going to be financially profitable for the
company in the near future.
3. The three phase process for strategy formation.
This process determines the stages that follows in the procedure of the implementation of
business processes. The first phase is initiation which is followed by the phases of Planning
and lastly implementation. Hence this model is directly linked with the execution of the
business processes. In case if there is any deficiency in the implementation of the any
business process in the interim of a business project, the end outcome is affected (Lambaerts,
2017). The implementation of this model helps in the understanding of the progress of the
projects undertaken at the end of every stage of the implementation process. This helps in
yielding accurate results in the end of the business process.

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Organizational Processes and Structure Lecture
4. Process Change methodology
This is a structured process that is applicable whenever there is any change applicable to the
business plan. The human elements of the change are well recognised in the plan. This is why
this model have been chosen in the context of the Organisational structure and processes. The
human elements are the key to the implementation of the business projects and the
undertaking of the business strategies. The visions of change is communicated to the
stakeholders of the company in a clear and coordinated manner by the application of this
model (Beingfirst.com, 2018).
5. The systems view of an organization
This is the theory that is inclined to the management of the organisational structure. This
model allow the leaders to have a more holistic view of the company (Marrison, 2017). This
in turn helps in the smooth running of the work flow in the organisation. This is why this
model is relevant in the context of the organisational structure and work process. The model
recognise the framework of the organisational structure and the transition from the smaller to
the higher systems. Hence the alignment of the business projects to the organisational
structure becomes easy.

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Reference List
Schoemaker, P (2016). Michael Porter's 5 Forces model explained. [YouTube]. Available at:
https://www.youtube.com/watch?v=33XmkfbzwO8 [Accessed: 29 July 2018]
Mitra, V (2018). Balanced Scorecard: Subject: Human Resource Management. Paper:
Contemporary Issues in HRM and Future Trends. Available at:
https://www.youtube.com/watch?v=_Lvxv_zGBbg [Accessed: 29 July 2018]
Lambaerts, P. (2017). The strategy formulation practices of a newly appointed top
management team. Degree Programme in International Business Management. Available at:
https://www.theseus.fi/bitstream/handle/10024/131371/Lambaerts_Peter.pdf?sequence=1
[Accessed: 29 July 2018]
Beingfirst.com, (2018). The World’s Most Comprehensive Change Process Methodology,
Durango.Viewed: July, 2018. <https://www.beingfirst.com/services/change-leaders-roadmap-
methodology/>
Marrison, R. (2017). An Organisation is a System. OrgVue. [Blog]. Available at:
http://blog.orgvue.com/an-organisation-is-a-system/ [Accessed: 29 July 2018]