Abstract
This article delves into the multifaceted realm of Business Process Management (BPM), exploring its historical evolution, transformative dimensions, and pivotal role in reshaping industries. Emphasizing the significance of BPM beyond mere optimization, the study examines the shift from traditional paradigms to holistic and innovative approaches, positioning the approach as a catalyst for enduring organizational transformation. Through a comparison of transformative aspects, case studies of companies showcase the diverse applications and positive outcomes of transformative BPM initiatives. The analysis extends to the evolving landscape of Industry 4.0-5.0, the integration of emerging technologies like AI, IoT, and Blockchain, and anticipated trends, highlighting BPM’s role as a strategic enabler for innovation, agility, and sustainability. Addressing challenges and proposing solutions in BPM-led transformations, the article provides insights into the dynamic and adaptive nature of approach implementations. Ultimately, this exploration contributes to a deeper understanding of BPM’s transformative potential and its profound impact on organizational excellence in the ever-evolving industrial landscape.
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