A Systematic Review of Analytical Management Techniques Applied to Competition Analysis Modeling Towards a Framework for Integrating them with BPM

Conference paper
Part of the Lecture Notes in Business Information Processing book series (LNBIP, volume 309)

Abstract

The understanding of Business Process modelling is an essential approach for an Organization or Enterprise to achieve set objectives and improve its operations. Recent development has shown the importance of representing processes to carry out continuous improvement. One important aspect of enterprise modelling is actually its involvement in competition. The modelling and simulation of Business Processes has been able to show Business Analysts, and Managers where bottleneck exists in the system, how to optimize the Business Process to reduce cost of running the Organization, and the required resources needed for an Organization. Although large scale organizations have already been involved in such BPM applications, on the other hand, Small Medium Enterprises (SME) have not drawn much attention with this respect. It seems that SME need more practical tools for modelling and analysis with minimum expenses if possible. One approach to make BPM more applicable to SME but, also, to larger scale organizations would be to properly integrate it with analytical management computational techniques, including the game-theoretic analysis, the Markov-chain modelling and the Cognitive Maps methodology. In BPM research the Petri Nets methodology has already been involved in theory, applications and BPM Software tools. However, this is not the case in the previously mentioned as well as to other analytical management techniques. It is, therefore, important in BPM research to take into account such techniques but focusing on specific modelling requirements. One such requirement is the modelling of market share competition. This paper presents an overview of some important analytical management computational techniques, as the above, that could be integrated in the BPM framework, based on the market share competition analysis paradigm. It provides an overview along with examples of market share competition analysis of the applicability of such methods in the BPM field. The major goal of this systematic overview is to propose steps for the integration of such analytical techniques in the BPM framework so that they could be widely applied.

Keywords

Business Process Modelling Competition analysis of markets Modelling requirements Analytical management techniques Game-theory modelling Markov-chain modelling Cognitive maps modelling 

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Dimitrios A. Karras
    • 1
    • 2
  • Rallis C. Papademetriou
    • 1
    • 2
  1. 1.Automation DepartmentSterea Hellas Institute of TechnologyPsachnaGreece
  2. 2.Faculty of Technology, School of EngineeringUniversity of PortsmouthPortsmouthUK

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