Risk management, Enterprise Risk Management and Business Process Maturity Models are in itself huge topics.
This presentation aims to cover basic meaning of these topics and highlight and how these can prove to be value adding exercises and support function for organizational growth.
It is expected that the reader of the presentation has some basic knowledge in the domain of ERM, Risk Based Internal Audits (RBIA).
Madkudu - Product Led Summit - Product Led OnboardingFrancis Brero
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So I’d like to debunk 3 common product-led onboarding myths—namely, the idea that you don’t need a sales team, that conversion is a linear process, and that people truly want to serve themselves.
Remember Clippy, Microsoft's (now-retired) Office Assistant? Here's Clippy offering some tips on how to build an e-commerce platform that's user-friendly, thus driving sales for your brand.
Madkudu - Product Led Summit - Product Led OnboardingFrancis Brero
As the conversation around product-led growth builds, some interesting trends have started to emerge. Amid all the stories and strategies are some frequently repeated myths about product-led onboarding and what it means in a product-led go-to-market strategy.
So I’d like to debunk 3 common product-led onboarding myths—namely, the idea that you don’t need a sales team, that conversion is a linear process, and that people truly want to serve themselves.
Remember Clippy, Microsoft's (now-retired) Office Assistant? Here's Clippy offering some tips on how to build an e-commerce platform that's user-friendly, thus driving sales for your brand.
An introduction to the Product Management Framework (PMF) being developed for AIPMM to provide a standard, total lifecycle process for product management professionals.
Thanks everyone who attended this AIPMM webcast.
The Association of International Product Marketing and Management (AIPMM) is the hub of all things product management. It is where product professionals go for answers. With members in over 65 countries, the AIPMM is the worldwide certifying body of product team professionals.
It is the world's largest professional organization of product managers, brand managers, product marketing managers and other product professionals who are responsible for guiding their organizations, or clients, through a constantly changing business landscape.
The Association of International Product Management and Marketing is creating a culture of mentoring within the product management professions
— to assist current product professionals in successfully confronting obstacles in their day to day efforts
— to facilitate rising product professionals in gaining experience and becoming successful product management leaders in their organizations
— to forward the profession, individual practitioners and product teams in successfully bringing products through the entire product lifecycle process
You can join the program in 3 easy steps. This presentation provides you all the information you need to apply.
AIPMM Premium Membership provides the foundation for building your own product professional mentor network with access to member-only mentor matching, mentor/protégé facilitation, leadership trainings and opportunities for continuing education, as well as the potential to join the distinguished AIPMM Product Management Ambassadors Council.
AIPMM also offers training courses that prepare product management and marketing teams to take the CPM® and/or the CPMM® certification exam(s).
AIPMM's Certified Product Manager (CPM®) and Certified Product Marketing Manager (CPMM®) programs are internationally recognized because they allow product professionals to demonstrate their expertise and provide corporate members an assurance that their product management and marketing teams are operating at a high competency level.
Contact Hector Del Castillo at http:/linkd.in/hdelcastillo for information about AIPMM membership benefits, certification courses in your area, or for help aligning your business and product strategy.
Release of The Guide to the Product Management and Marketing Body of Knowledg...AIPMM Administration
Over the last three years a wide array of industry professionals including academics, analysts, associations, authors, bloggers, consultants, practitioners, and industry thought leaders joined forces with thought leading members from adjoining professions to develop the ProdBOK Guide. The intent of this industry-wide collaboration was to lay a cornerstone to help standardize the practice of product management and advance the profession. Approximately 60 contributors helped to collaboratively develop the ProdBOK Guide. Join us to learn more about the effort and learn how you can help us to transform the profession.
Join Cindy F. Solomon and Therese Padilla, AIPMM President, as they discuss the origins of this effort and the significant role that industry professionals played in the development of the ProdBOK Guide.
Upcoming Events
Reserve your seat for the next AIPMM webinar. Visit: http://aipmm.com/aipmm_webinars/.
Want To Certify Your Team?
If you have a product team of 10 or more that you want to certify, contact us at certification@aipmm.com.
About AIPMM
The AIPMM is the hub of all things product management. It is where product professionals go for answers. With members in nearly 70 countries, it is the worldwide certifying body of product team professionals.
It is the world's largest professional organization of product managers, brand managers, product marketing managers and other product team professionals who are responsible for guiding their organizations, or clients, through a constantly changing business landscape.
AIPMM's certification programs are internationally recognized because they allow product professionals to demonstrate their expertise and provide corporate members an assurance that their product management and marketing teams are operating at a high competency level.
Visit http://www.aipmm.com.
Call For Speakers: http://bit.ly/1b006vm
Subscribe: http://www.aipmm.com/subscribe
LinkedIn: http://www.linkedin.com/company/aipmm
Membership: http://www.aipmm.com/join.php
Certification: http://aipmm.com/html/certification
Articles: http://www.aipmm.com/html/newsletter/article.ph
Product Management Course for all aspirants transitioning into the most in-demand role as a product manager.
Introduction to Product Management.
Foundations of Product Discovery.
The process of Product Definition.
Essentials of Product Delivery.
All the strategic concepts that will shape your attitude and mindset.
Product strategy for technology companies is closely related to New Product Development. It starts with a strategic vision which provides answers to questions such as “Where is the business going?”, and “How will it get there? This Technology Multipliers webinar provides a comprehensive overview of product strategy concepts, process, and keys to success for technology companies.
Connecting the Dots: Decision Making for Next-Generation ProductsSVPMA
Connecting the Dots: Decision Making for Next-Generation Products : Vanee Pho, Senior Product Manager, Life Technologies at SVPMA Monthly Event August 2013
Application and Project Portfolio Management is the one of key tools for senior IT executives that helps them keep all their projects and applications aligned with overall business objectives.
SVPMA: Elevating from Consumer to Mission Critical ValueSVPMA
SVPMA March 2014 Monthly event:
“Elevating from Consumer to Mission Critical Value” with Brian Cox, Senior Director of Marketing for Enterprise Solutions, SanDisk
Read more: http://svpma.org/2014/03/march-2014-event-2/
Learning Objectives
• Why do you need to define a product strategy for your company?
• What are the benefits of implementing a product planning process?
• What do you need to create successful products consistently?
Description
The creation of successful products is essential for companies that want to grow or maintain a competitive advantage. Many organizations lack a clearly defined and understood product strategy. We will discuss the benefits of adopting the Association of International Product Marketing and Management (AIPMM) Product Management Framework (PMF) to align your business and product strategies with unmet customer needs and market trends to create value for your business using a sustainable approach.
Audience
This presentation is for product managers, marketers, entrepreneurs, innovators, and technology-based business owners that want to expand their knowledge about how to create successful products that customers demand.
For more info, connect with Hector Del Castillo at http:/linkd.in/hdelcastillo.
The key proposition of Enterprise Risk Management is value creation and or enhancement which ultimately delivers sustainable comparative advantage exemplified by organizational excellence. This presentation highlights key components of both management concepts and points of congruence.
An introduction to the Product Management Framework (PMF) being developed for AIPMM to provide a standard, total lifecycle process for product management professionals.
Thanks everyone who attended this AIPMM webcast.
The Association of International Product Marketing and Management (AIPMM) is the hub of all things product management. It is where product professionals go for answers. With members in over 65 countries, the AIPMM is the worldwide certifying body of product team professionals.
It is the world's largest professional organization of product managers, brand managers, product marketing managers and other product professionals who are responsible for guiding their organizations, or clients, through a constantly changing business landscape.
The Association of International Product Management and Marketing is creating a culture of mentoring within the product management professions
— to assist current product professionals in successfully confronting obstacles in their day to day efforts
— to facilitate rising product professionals in gaining experience and becoming successful product management leaders in their organizations
— to forward the profession, individual practitioners and product teams in successfully bringing products through the entire product lifecycle process
You can join the program in 3 easy steps. This presentation provides you all the information you need to apply.
AIPMM Premium Membership provides the foundation for building your own product professional mentor network with access to member-only mentor matching, mentor/protégé facilitation, leadership trainings and opportunities for continuing education, as well as the potential to join the distinguished AIPMM Product Management Ambassadors Council.
AIPMM also offers training courses that prepare product management and marketing teams to take the CPM® and/or the CPMM® certification exam(s).
AIPMM's Certified Product Manager (CPM®) and Certified Product Marketing Manager (CPMM®) programs are internationally recognized because they allow product professionals to demonstrate their expertise and provide corporate members an assurance that their product management and marketing teams are operating at a high competency level.
Contact Hector Del Castillo at http:/linkd.in/hdelcastillo for information about AIPMM membership benefits, certification courses in your area, or for help aligning your business and product strategy.
Release of The Guide to the Product Management and Marketing Body of Knowledg...AIPMM Administration
Over the last three years a wide array of industry professionals including academics, analysts, associations, authors, bloggers, consultants, practitioners, and industry thought leaders joined forces with thought leading members from adjoining professions to develop the ProdBOK Guide. The intent of this industry-wide collaboration was to lay a cornerstone to help standardize the practice of product management and advance the profession. Approximately 60 contributors helped to collaboratively develop the ProdBOK Guide. Join us to learn more about the effort and learn how you can help us to transform the profession.
Join Cindy F. Solomon and Therese Padilla, AIPMM President, as they discuss the origins of this effort and the significant role that industry professionals played in the development of the ProdBOK Guide.
Upcoming Events
Reserve your seat for the next AIPMM webinar. Visit: http://aipmm.com/aipmm_webinars/.
Want To Certify Your Team?
If you have a product team of 10 or more that you want to certify, contact us at certification@aipmm.com.
About AIPMM
The AIPMM is the hub of all things product management. It is where product professionals go for answers. With members in nearly 70 countries, it is the worldwide certifying body of product team professionals.
It is the world's largest professional organization of product managers, brand managers, product marketing managers and other product team professionals who are responsible for guiding their organizations, or clients, through a constantly changing business landscape.
AIPMM's certification programs are internationally recognized because they allow product professionals to demonstrate their expertise and provide corporate members an assurance that their product management and marketing teams are operating at a high competency level.
Visit http://www.aipmm.com.
Call For Speakers: http://bit.ly/1b006vm
Subscribe: http://www.aipmm.com/subscribe
LinkedIn: http://www.linkedin.com/company/aipmm
Membership: http://www.aipmm.com/join.php
Certification: http://aipmm.com/html/certification
Articles: http://www.aipmm.com/html/newsletter/article.ph
Product Management Course for all aspirants transitioning into the most in-demand role as a product manager.
Introduction to Product Management.
Foundations of Product Discovery.
The process of Product Definition.
Essentials of Product Delivery.
All the strategic concepts that will shape your attitude and mindset.
Product strategy for technology companies is closely related to New Product Development. It starts with a strategic vision which provides answers to questions such as “Where is the business going?”, and “How will it get there? This Technology Multipliers webinar provides a comprehensive overview of product strategy concepts, process, and keys to success for technology companies.
Connecting the Dots: Decision Making for Next-Generation ProductsSVPMA
Connecting the Dots: Decision Making for Next-Generation Products : Vanee Pho, Senior Product Manager, Life Technologies at SVPMA Monthly Event August 2013
Application and Project Portfolio Management is the one of key tools for senior IT executives that helps them keep all their projects and applications aligned with overall business objectives.
SVPMA: Elevating from Consumer to Mission Critical ValueSVPMA
SVPMA March 2014 Monthly event:
“Elevating from Consumer to Mission Critical Value” with Brian Cox, Senior Director of Marketing for Enterprise Solutions, SanDisk
Read more: http://svpma.org/2014/03/march-2014-event-2/
Learning Objectives
• Why do you need to define a product strategy for your company?
• What are the benefits of implementing a product planning process?
• What do you need to create successful products consistently?
Description
The creation of successful products is essential for companies that want to grow or maintain a competitive advantage. Many organizations lack a clearly defined and understood product strategy. We will discuss the benefits of adopting the Association of International Product Marketing and Management (AIPMM) Product Management Framework (PMF) to align your business and product strategies with unmet customer needs and market trends to create value for your business using a sustainable approach.
Audience
This presentation is for product managers, marketers, entrepreneurs, innovators, and technology-based business owners that want to expand their knowledge about how to create successful products that customers demand.
For more info, connect with Hector Del Castillo at http:/linkd.in/hdelcastillo.
The key proposition of Enterprise Risk Management is value creation and or enhancement which ultimately delivers sustainable comparative advantage exemplified by organizational excellence. This presentation highlights key components of both management concepts and points of congruence.
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Business Process Management initiatives can help drive continuous process improvement through a factory. In addition, they can be used in conjunction with software platforms such as CRM, MRP, ERP.
#processmanagement #factory #crm #mrp #erp #mrpsoftware #mrpsystem #erpsystem #manufacturingsoftware #manufacturing
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
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Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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2. Contents
Brief on presentation contents
Introduction
1 Risk Management meaning and
importance
Risk Management
2
ERM Meaning and how it helps
an organization
ERM
3 BPMM Meaning and how it helps
an organization
BPMM
4
Levels of BPM and
characteristics of Processes at
different levels of business
maturity
Levels of BPM
5 Correlation between BPM and
ERM
Process Maturity &
ERM6
Fueling growth through ERM and
BPM
Support for Growth
7
3. Introduction
■ Risk management, Enterprise Risk Management and
Business Process Maturity Models are in itself huge topics.
■ This presentation aims to cover basic meaning of these topics
and highlight and how these can prove to be value adding
exercises and support function for organizational growth.
■ It is expected that the reader of the presentation has some
basic knowledge in the domain of ERM, Risk Based Internal
Audits (RBIA).
4. Risk Management
■ Risk management is a relatively new concept in India
■ Current Indian corporate governance regulations require
corporates to have a robust risk management framework for
protection of stakeholders interests
■ TO put it in simple terms, risk management refers to
– continuous monitoring of risks
– implementing risk mitigation measures,
– proactively foreseeing both internal and external risks
– and accordingly responding to minimize risk impact
■ It would be considered prudent for corporates to have risk
management incorporated in corporate growth strategy
5. Enterprise Risk Management
■ ERM is about identifying and evaluating risks and preparing
appropriate responses to any potential events that may have
an adverse impact on a organization
■ ERM framework vary in complexity and structure.
■ COSO and ISO 31000 are examples of ERM frameworks
6. Business Process Maturity
Model (BPMM)?
■ BPMM is a evolutionary path for an organization from
immature, inconsistent business processes to mature
disciplined processes
■ Progressive stages of improvement are defined. As the
organization progresses towards Business Process Maturity,
the foundation is based on earlier achieved improvements.
■ Basically, it provides practical roadmap which can be
measured for progress and monitored easily and effectively.
7. Organizations Level Of
Process Maturity
Initial
•Por definition of processes
•Lack of or poorly designed
internal control system
•Reactive decisions
•Individual planning,
motivation and heroics
Repeatable /
Managed
•Unit process discipline in
place
•Processes are repeated
•Rework is reduced
Defined
•Processes are well
defined and documented
Quantitatively
Managed
•Processes are measured
and controlled
Optimizing
Success depends upon
individual employee efforts
Success depends upon
Management
competencies
Success depends upon
BPM Competencies
BPM success achieved
through the stages to be
followed across the
organization consistently
Focus on continuous
improvement
8. Level Of Process Maturity &
Risk Management
■ Level of risk management maturity in a organization is directly
proportional to level of process maturity
■ Higher the level of process maturity higher the level of risk
maturity
■ Risk aware process owners throughout business functions are
better equipped to mitigate risks and act proactively to
challenges of business environment
9. Fueling Organizational Growth
Through ERM and BPM
■ Risk management through BPM brings in operational
efficiencies
■ Human Resources become available for more intellectual jobs
rather than getting stuck with their routine work
■ Enhances employee morale through better job satisfaction.
■ Motivated employees directly translates to better efficiencies
■ Let us understand this with the help of an example of
purchase requisition process in the following two slides
10. Risk Management Through BPM Fueling Business Growth
Extract of an example involving purchase requisition process
Process
Maturity
Level
Process Risk
Risk Mitigation Measures
Through Different Maturity
Levels
Risk Classification Process In-Efficiency
Business Process
Improvement
Implemented To
address inefficiency
Efficiency achieved through
different levels of maturity
after Business Process
Improvement Implementation
Initial Purchase
requisition not
raised by user
department
▪ Excess / short material
purchase
▪ Delay in procurement
▪ Factory may not need the
material arrived at
factory gate due to
change in production
schedule
Purchase team manually
tracks stock levels, lead time,
seasonal fluctuations in
consumption, price
fluctuation, production
schedules and places
purchase orders.
Operational Time and motion studies
revealed that most of time of
purchase team is consumed only
in routine procurement activity
with little time to strategize for
bringing in procurement
function efficiency and cost
savings
Stock management
system implemented to
track daily consumption
and stock level reporting
to purchase team.
Not Applicable
Repeatable /
Managed
Purchase
requisition not
raised user
department.
Consumption
pattern and
stock levels
available to
procurement
team through
stock
management
system
▪ Delay in updating stock
management system
leading to incorrect
procurement decisions
Staff motivated, trained and
sensitized for keeping the
stock management system
updated at all times.
Monthly internal audit &
adhoc audits implemented to
ensure stock management
system is kept updated at all
times and discrepancies in
observed in audit are
addressed within defined
timelines.
Operational Time requirement of purchase
team in calculating and collating
stock data reduced to some
extent but the process is still
vulnerable to the risk of
incorrect / delayed updates to
stock management system.
Also, stock management system
does not forecast material
requirements.
Stock management
system updated to
analyze past
consumption patterns
and future production
schedules to forecast
material requirements.
Stock management
system and manual
workings run parallel for
about 3 months to
ensure accurate working
of the system
forecasting.
Stock management system
gives details of consumption
and stock levels for raising
purchase orders
Defined Purchase
requisitions
raised by factory
based on data
from stock
▪ Purchase requisition
raised by factory may not
reflect upon the
expected price
fluctuation or change in
market demand
Procurement team monitors
the evolving business
environment, price trends of
materials and gets timely
inputs from the marketing
Strategic Procurement team has to follow
up with marketing team for
inputs on future demand of
products
Meetings and trainings
organized between
marketing and
procurement team to
sensitize regarding the
importance of demand
Procurement tam has
matured from managing day
to day operations to managing
strategic risks for the
company,
11. Risk Management Through BPM Fueling Business Growth
Extract of an example involving purchase requisition process
Process
Maturity
Level
Process Risk
Risk Mitigation Measures
Through Different Maturity
Levels
Risk Classification Process In-Efficiency
Business Process
Improvement
Implemented To
address inefficiency
Efficiency achieved through
different levels of maturity
after Business Process
Improvement Implementation
management
system
team before raising purchase
orders
information for
procurement process
defined a template and
timeline for sharing
future demand
information.
Improvement in job
satisfaction and hence direct
positive impact on efficiency.
Quantitatively
Managed
Purchase
requisitions
raised by factory
based on data
from stock
management
system.
▪ Performance of the
Purchase Requisition
process not monitored
for efficiency and further
improvement
▪ Possibility of failure of the
improvements
implemented through
different maturity levels
Production HOD monitors and
investigates reasons for delays
in receipt of material to
minimize adverse impact on
production
Strategic (Since it
directly impacts the
internal business
process improvement
strategy)
Metrics not defined for
measuring performance of
process improvements
Key Performance
Indicators discussed,
defined and
implemented for
monitoring process
performance.
KPI’s made part of
employee performance
appraisals and
management
information system
KPI’s defined for measuring
process performance.
Purchase requisition process
delegated to factory team thus
enabling procurement team to
focus more on procurement
strategy and adding value to
the organization.
Optimizing Purchase
requisitions
raised by factory
based on data
from stock
management
system.
KPIS defined and
monitored
▪ KPI’s not updated to
reflect upon changing
business environment
and business
requirements
KPI’s defined at the time of
last business process
improvement cycle being
monitored.
Strategic (Since KPI’s
may not reflect upon
current and future
business requirements)
KPI’s not updated Process for updating
KPI’s to be implemented
based on relevant
inputs from relevant
departments.
KPI’s updated to reflect upon
current and changing business
environment.
12. THANKS & REGARDS
By Mritul Kapadia
ERM and Business Process Expert
Mail id : ermconsulting.professionals@gmail.com