The Impact of the Knowledge Economy on the Evolution of the Business Process Management Lifecycle and Systems

Abstract:

The Business Process Management Lifecycle shows schematically how to implement and manage processes in an organization. Its task is to present the main idea or cardinal principles of Business Process Management (BPM) in a way that allows their uniform and intuitive understanding by those participating or who are to participate in the implementation. The aim of this paper is to analyze the impact of the Knowledge Economy (KE) on the Business Process Management Lifecycle evolution and consequently on the evolution of the Business Process Management Systems. The article is an important contribution to the theoretical reflection on the current state and further evolution of BPM and BPM Lifecycle and Systems in the KE. In the practical sphere, the article indicates the need to change the approach to creating iBPMS systems, with particular emphasis on the necessary changes in the principles of knowledge creation and distribution mechanisms.