Use Enterprise Suites For Best Practices; Use BPM Suites For Transformation

Blog post info and actions

Blog post body

Connie Moore

In June, Forrester convened a roundtable of some of its leading thought leaders on business process and customer experience to discuss empowering customers through business process transformation. This is also the topic of Forrester's Business Process Forum later in September and our Tweet Jam on September 8 from 11:30 am to 12:30 pm ET (hashtag: #BPF11).

What follows is an excerpt from that discussion. For more, download a free copy of the Forrester report “Empower Customers By Transforming Business Processes” (site registration required).

Connie Moore: Where are enterprise suites going now that the game-changers — mobile, cloud and social — are giving new life to some apps that were looking long in the tooth? Do you think that big enterprise suites like CRM or ERP can empower customers, or do they automate the status quo? If they merely automate the status quo, how do you deliver business transformation?

Read more

What Will Business Processes Look Like In 2020?

Blog post info and actions

Blog post body

Connie Moore

Have you ever thought seriously about the future of business processes? If not, it’s time to. With trends coming at us fast and furious — business transformation, the age of the customer, mobility, cloud, social, process outsourcing — processes of the future will look very different from how we work today.

Forrester is in the process (pardon the pun) of looking at business processes in 2020. We’ve interviewed 10 major thought leaders at large global organizations and a number of systems integrators and vendors in the BPM space. Wow, have we learned a lot from these deep thinkers! Many of the trends they identified are already being actively worked on in their companies — so these are not just pipe dreams — and include:

  • A major strategic alignment between business process transformation and customer experience
  • Very little concern about technology issues — because they believe the technology will work well (and this is not what keeps them up at night even now)
  • A major focus on standardizing processes across the globe so that work can easily flow to the lowest-cost labor at any given moment
  • The belief that processes will run in the cloud (private or public) and that businesses will consume processes-as-a-platform
  • A strong conviction that IT will largely vanish into the business
  • The need for access to global talent pools driving some of the need for business process transformation
  • The expectation that being dynamic and turning on a dime will be critically important
Read more

The Business Architect Role Is Vital In Leading Customer-Centric Transformation

Blog post info and actions

Blog post body

Alexander Peters, Ph.D.

You may have heard the term “business architect” in your travels; if you haven’t, you soon will. This summer, I have watched, and sometimes been involved in, several emotional debates among enterprise and information architects, business analysts, quality managers, Lean Six Sigma experts, management consultants, and IT consultants about the future and origins of their jobs, the skills they need, and, most importantly, their career paths to becoming a business architect.

There’s little doubt that these discussions are critically important to these individuals. Just as interesting from a research perspective is this question: What business problem do business architects need to resolve?

I have recently worked on two research projects addressing this question. For the first one, performed jointly with principal analyst John R. Rymer, our motivation came from a consulting case: Our client had experienced significant extra costs and process instabilities in operations and asked us for advice when a business transformation initiative supported by innovative technologies got out of control.

For the the second research project, principal analyst Derek Miers and I surveyed more than 300 business process professionals on their goals, priorities, and the maturity of their business process change programs. Using the collected data, we correlated the maturity assessment with the availability of business architecture functions.

Read more

You Need Customer Engagement To Meet The Rising Expectations Of Empowered Customers

Blog post info and actions

Blog post body

Connie Moore

It’s The Age Of The Customer, according to Forrester Research and others who track and shape business trends.

Or is it???

Somebody please tell that to my health insurance company, which has annoyed me greatly this week. I’ve been receiving increasingly threatening letters from them, starting a few weeks ago just before I headed out for a long vacation. I didn’t think too much about it at the time but, a week after returning from vacation, I noticed the letters were now coming from a law firm. Yikes!  I called them.

Turns out, my physical therapy claims for a chronic condition were under scrutiny. Microscopic scrutiny. “Could it have been the result of an automobile accident, and the other driver was at fault?” they asked. Or “Were you injured at work and should be filing for worker’s compensation?” Or was it some other kind of accident with nefarious connections of some sort? The claims subrogration unit was on the case and determined to make another party pay.

Exasperated, I told them that it was for a chronic condition diagnosed several years ago and all the information was on file and up to date, since I regularly see physicians for that condition and had been referred by a physician to physical therapy. Then they asked me to spell out the condition. I had steam coming out of my ears at that point. Why bother to have a file about me if they aren’t going to look at it, make it available to people calling me, and keep it up to date? Could they have worked this into their process before sending threatening letters and calling me?

Read more

Predictions And Plans For Business Analytics In 2011

Blog post info and actions

Blog post body

James Kobielus

I love reporters. As someone with an M.A. in journalism who then evolved into an analyst, I recognize that both professions occupy approximately the same tier in the industry food chain. In fact, many IT industry analysts were trade press reporters at one point in their careers, and it’s not uncommon for analysts to go back into media institutions later on.

When great longtime IT reporters, such as Computerworld’s Jaikumar Vijayan, call me up to get my thoughts, I’m just as interested in their take on what’s important. Jai recently published an excellent article with my predictions, plus those of another analyst, on the year ahead in analytics. To the jaded reader, these sorts of year-end look-ahead articles may feel like perfunctory rehashes of stuff we’ve been telling them for quite some time, perhaps with a trendy new buzzword thrown in to keep it remotely glance-worthy.

I try not to repeat myself too much. Rather than regurgitate the statements I made in the phone interview with Jai, I’ll highlight how I’m addressing the principal business-analytics trends that I discussed with him — self-service, pervasive, social, scalable, cloud, and real-time—in our 2011 Forrester research agenda:

Read more

Derek Jeter, Performance Management, And Yes . . . Data Management

Blog post info and actions

Blog post body

Rob Karel

As a lifelong Yankees fan (which makes me a pariah with many of my Red Sox Country-based Forrester coworkers in Cambridge, Mass.), I’ve been following with amusement the sports media frenzy around the New York Yankees' "not-so-public yet not-so-private" contract negotiations with their star shortstop, Derek Jeter. While I read these news snippets with the intent of escaping the exciting world of data management for just a brief moment, I couldn’t escape for long because both sides of the table bring up reams of data to defend their positions.  

According to the media reports and analysis, the Yankees' ownership is seemingly paying less attention to Jeter’s Hall of Fame-worthy career statistics, including a fantastic 2009 season, and his intrinsic value to the Yankees brand, but instead is focusing on Jeter’s arguably career-low 2010 season on-field performance and advancing age (36 years old is practically Medicare-eligible age in baseball).    

Jeter’s side of the negotiations, on the other hand, point out that Jeter’s value to the Yankees is “immeasurable,” and that one off year shouldn’t be used to define his value to the team. They point out that Jeter, as team captain, is a major leader in the clubhouse and excellent role model for younger players. He’s certainly among the most popular players the Yankees employ and influences boatloads of fans to attend games, watch the Yankees cable network, and provide significant licensing revenue. And of course they point out that Jeter is still an excellent player and 2010 should be viewed as an anomaly, not the norm.

I’m not a baseball analyst (lucky for everyone), and I have no intention in joining the debate on whose point of view is correct or how much Jeter should earn, for how many years, etc. (That’s best discussed over a few beers, not on a blog, right?)

Read more

Key Data Analytics Projects For Building Your Process Optimization Program

Blog post info and actions

Blog post body

James Kobielus

Rome was not reinvented in a day. Your enterprise business processes won’t turn around overnight either. You’ll need to re-engineer processes while you continue to run an ongoing business concern — albeit one with many buried layers, some splendid ruins, and many construction projects that cause never-ending traffic snarls.

Business process optimization is not a project you can deliver in a fortnight, nor is it a specific architecture or business model. Rather, it’s an ongoing program under which you implement various transformative technical projects in order to enable greater agility, efficiency, and effectiveness throughout key processes.

What are the key components of a business process optimization program? Forrester recommends that you establish an ongoing initiative that involves all business stakeholders, at all levels in the organization. Just as important, you will need to establish tight collaboration between business stakeholders and the myriad change agents, business architects, process architects, business analysts, data stewards, and analytics professionals upon which the success of your optimization efforts depends.

Enterprises should establish cross-functional programs under which to prioritize business process optimization projects around the following key pillars:

Read more

Findings From Forrester Wave: Customer Service Analytics Empower The Predictive Process

Blog post info and actions

Blog post body

James Kobielus

Bill Band and I have just published the latest Forrester Wave on customer relationship management (CRM) customer service solutions. We included 19 vendors in this in-depth market study and evaluated their solutions against 196 criteria. As you can well imagine, it took time and a fine-toothed analytical comb to compile the research and double-check the facts before we scored these sophisticated product suites. 

One of the key findings from this Forrester Wave is that a growing range of CRM vendors have incorporated deep analytics features into their customer service capabilities. Most provide embedded, out-of-the-box business intelligence (BI) features such as reporting, query, online analytical processing, dashboarding, scorecarding, and key performance indicators prebuilt to support their customer service applications. That’s no surprise, because these core BI features enable enterprises everywhere to keep track of how well they’re providing customer service across diverse CRM interaction channels and to identify opportunities to improve satisfaction, retention,  upsell, agent productivity, and other key metrics. 

Read more

What’s Next On The MDM Horizon?

Blog post info and actions

Blog post body

Rob Karel

Many large organizations have finally “seen the light” and are trying to figure out the best way to treat their critical data as the trusted asset it should be. As a result, master data management (MDM) strategies, and the enabling architectures, organizational and governance models, methodologies and technologies that support the delivery of MDM capabilities are…in a word…HOT! But the concept of MDM - and the homegrown or vendor-enabled technologies that attempt to deliver that elusive “single version of truth”, “golden record”, or “360-degree view” - has been around for decades in one form or another (e.g., data warehousing, BI, data quality, EII, CRM, ERP, etc. have all at one time or another promised to deliver that single version of truth in one form or another).

The current market view of MDM has matured significantly over the past 5 years, and today many organizations are on their way to successfully delivering multi-domain/multi-form master data solutions across various physical and federated architectural approaches. But the long-term evolution of the MDM concept is far from over. There remains a tremendous gap in what limited business value most MDM efforts deliver today compared to what all MDM and data management evangelists feel MDM is capable of delivering in terms of business optimization, risk mitigation, and competitive differentiation.

What will the next evolution of the MDM concept look like in the next 3, 5 and 10 years? Will the next breakthrough be one that’s focused on technology enablement? How about information architecture? Data governance and stewardship? Alignment with other enterprise IT and business strategies?

Read more

Those Nasty “Hairball” Analytics Projects: Usually There’s A Data Warehouse At The Core

Blog post info and actions

Blog post body

James Kobielus

Sometimes I feel like Ol’ Doc Jim.

As Forrester’s lead analyst on data warehousing (DW), my core job often involves diagnosing enterprise analytics practitioners’ DW aches and pains. I try to cultivate a reassuring bedside manner and give them something for both immediate and long-term relief from their problems.

I receive all Forrester customer inquiries on DW matters, many of which are from IT practitioners who have hit a wall of intractable technical, operational, or vendor-related issues. Those sessions usually involve me probing for the source of the IT practitioner’s DW-relevant woes. If all of these issues could be isolated to the DW itself, my life would be much easier. But customers’ DW concerns are often tangled into stubborn knots of business intelligence (BI), master data management (MDM), data integration, data governance, business process management, IT service management, and other critical infrastructure, operations, and application issues. Often a seemingly DW-based problem such as poor-performance queries reveals that the root cause is somewhere else entirely, and the DW itself is the least of their problems.

Read more