Chapter 2. What Is Flex-pon-sive*?
More than 75% of CEOs place a high priority on the ability to respond rapidly, yet only one in ten CEOs believes that his or her organization has the capability to be very responsive to react to changing market conditions. Companies need to establish effective, real-time response capabilities by establishing business flexibility in their business processes. Competitive advantage comes from aligning these processes with IT infrastructure. Business Process Management transforms a company by integrating and automating key business processes and IT processes across the enterprise for increased business flexibility. Flex-pon-sive* becomes table stakes in today’s environment.
WHAT DOES FLEX-PON-SIVE* MEAN?