Paradigm Shifts In Management Practices R. Ramesh ISBN NO-978-81-939248-9-1
A
paradigm shift in business process management is the understatement
of the century! Every business owner or manager not only knows this
fact, but has experienced the results of the “shift” up close.
Consequently, the paradigm shift in business process management has
transformed the business world drastically, that few could imagine
just ten years ago.
A
paradigm shift is when a fundamental and/or monumental change or
disruption occurs in current processes, models or perceptions. In
other words, a monumental adjustment in norms, standards, thinking,
patterns and set values, etc.
These
paradigm shifts have frightened some business owners to the point of
departing from the world of business. However, many other
entrepreneurs perceived the “shift” as opportunities and have,
therefore, founded new types of businesses that led to even greater
paradigm shifts. One of the radical paradigm shifts has been in
business process management software and process control.
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