This article was first posted on Nasscom Community A 280-person group poll found that 1 in 5 goods do not satisfy the needs of the client, underscoring the significance of having a strong product manager. Building a product is not a one-time event but a continuous process that requires precision in resource expenditure. Similarly, a product team
This article was first posted on Nasscom Community In product development, every feature and development can make or break the product. The guiding star of the development is deeply rooted in understanding and empathizing with the end-users: User-Centric Design. This approach transcends into the aesthetics of the product itself, diving into the intricacies of user
An effective project manager (PM) is the foundation of every successful project. Despite the misconception that project managers are simply responsible for reminding everyone of deadlines and scheduling status meetings, this is not the case. To perform these tasks effectively, they need to deeply understand the five phases of project management life cycle, which can
The financial management system is one area where every industry struggles to define its financial strategy. Having ineffective financial processes and improper practice of monetary management will lead to debt and bankruptcy. The Financial management process encompasses diversified activities, such as financial stability, sustainability, and growth. In this blog, you will explore the core concepts
In the current business landscape, collaboration and integration are increasingly important. As businesses develop and grow, every department needs to work together to meet business goals. This can lead to complicated business processes that cause confusion and result in lost time and resources. Business process management (BPM) can help businesses avoid these issues and lead
Tasks such as getting approvals, onboarding new employees, and documentation of business processes can seem mundane. Doing them occasionally may not be a problem, but the trouble begins when they become regular. These everyday tasks can take up most of your time and energy. Fortunately, you can save 30% of your time by automating such
It does not make sense for you to keep doing mundane tasks when automation is on the rise and can potentially reduce your workload. Whether it’s sending out meeting reminders or obtaining documents, all such administrative tasks can be automated with the help of a business process management solution. Now there are multiple BPM tools
The practice of business process improvement (BPI) involves discovering, mapping, documenting, analyzing, and redesigning a business process to enhance efficiency and effectiveness. Every business owner has to deal with hundreds of business processes. Many of them are repetitive, such as demo calls, marketing campaigns, and reports on sales activities. Millions of dollars in revenue can
Tim owns a company that develops websites. After winning a major upcoming contract, he must determine if adding a team member would benefit him. Most of his time is spent double-checking mistakes and missing details in his project management system. If he assigned these tasks to a new team member, he and his designers would
The tech world is full of new advancements and jargon. Often, it is hard to keep track of them. It is also very easy to confuse between two or more terms because they all seem alike. Digital Process Automation (DPA) has been a victim of this confusion. It is an important aspect of digital transformation