Based on a peer-to-peer network, blockchain stores a copy of the ledger on each peer. It is a decentralized network that is not controlled by a single entity. This simple concept encourages creativity. Immutability, transparency, and security are among its main characteristics.
Blockchain has the potential to transform both inter-and intra-organizational BPM. Because of its trustworthiness, blockchain technology is a perfect network choice for running a BPM system that addresses peer trust issues. The consensus process developed by the blockchain network is used to verify all transactions carried out by the BPM solution. Consensus works well because it ensures that all nodes contribute to the network’s success.
This might not come as a surprise to many considering the implementation of BPM brings about numerous advantages such as cost saving and minimizations of manual effort.
However, some entrepreneurs are still crying foul even after the implementation of BPM solutions.
This is certainly going to happen if you do not exercise caution while implementing BPM software.
In this post, we will take you through some of the common mistakes in implementing BPM.
Failing to Seek Help During the Implementation PhaseQuite a number of high-level executives think they do not need any assistance or guidance when implementing BPM solutions.
What they fail to realize is that it might end up becoming a waste of effort if they do not involve other departments, senior staff, employees or even final decision-makers.
