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BPMN Specification – Business Process Model and Notation #business #website

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Object Management Group
Business Process Model and Notation

Charter

A standard Business Process Model and Notation (BPMN) will provide businesses with the capability of understanding their internal business procedures in a graphical notation and will give organizations the ability to communicate these procedures in a standard manner. Furthermore, the graphical notation will facilitate the understanding of the performance collaborations and business transactions between the organizations. This will ensure that businesses will understand themselves and participants in their business and will enable organizations to adjust to new internal and B2B business circumstances quickly.

Current BPMN Specification

BPM Certification

The OCEB program consists of five examinations, granting five Certifications. Above the single Fundamental level, the program splits into two tracks – one Business-oriented. the other Technically oriented.

Credentials are important in the BPM world, where practitioners may work on many projects for different clients or employers over time. The twenty-five experts from top BPM companies and well-known independent consultants who designed the OCEB topical coverage and wrote the exam questions want peers and prospective employers to feel confident about a certified candidate’s ability to participate in or lead real-world initiatives in enterprise BPM. Your status as an OCEB Certified Professional shows current and future employers or clients that you have the required knowledge and skills, making you a more attractive candidate for hiring and promotion.

Frequently Asked Questions (FAQ)

The Business Process Modeling Notation (BPMN) is a graphical notation that depicts the steps in a business process. BPMN depicts the end to end flow of a business process. The notation has been specifically designed to coordinate the sequence of processes and the messages that flow between different process participants in a related set of activities.

Why is BPMN important?

The world of business processes has changed dramatically over the past few years. Processes can be coordinated from behind, within and over organizations natural boundaries. A business process now spans multiple participants and coordination can be complex. Until BPMN, there has not been a standard modelling technique developed that addresses these issues. BPMN has been developed to provide users with a royalty free notation. This will benefit users in a similar manner in which UML standardised the world of software engineering. There will be training courses, books and a body of knowledge that users can access in order to better implement a business process.

Who is BPMN targeted at?

BPMN is targeted at a high level for business users and at a lower level for process implementers. The business users should be able to easily read and understand a BPMN business process diagram. The process implementer should be able to adorn a business process diagram with further detail in order to represent the process in a physical implementation. BPMN is targeted at users, vendors and service providers that need to communicate business processes in a standard manner.

What does this mean for UML users?

The unified modelling language (UML) takes an object-oriented approach to the modeling of applications, while BPMN takes a process-oriented approach to modelling of systems. Where BPMN has a focus on business processes, the UML has a focus on software design and therefore the two are not competing notations but are different views on systems. The BPMN and the UML are compatible with each other. A business process model does not necessarily have to be implemented as an automated business process in a process execution language. Where this is the case, business processes and participants can be mapped to constructs such as use cases and behavioural models in the UML. Further white papers will follow on the mapping between these techniques.

Will there be a major rewrite?

Not for 2 or 3 years.

What is the relationship between BPMN and BPEL?

BPEL is an XML-based language for describing a business process in which most of the tasks represent interactions between the process and external Web services. The BPEL process itself is represented as a Web service, and is realized by a BPEL engine which executes the process description. BPMN is a standard set of diagramming conventions for describing business processes. It is designed to visualize a rich set of process flow semantics within a process and the communication between independent processes. It is intended to support capture of sufficient detail to allow it to be the source of an executable process description. Since BPEL is currently considered the most important standard for execution languages, a translation to BPEL is specified in the BPMN standard. By design there are some limitations on the process topologies that can be described in BPEL, so it is possible to represent processes in BPMN that cannot be mapped to BPEL. There are a few concepts, such as Ad-Hoc sub-proceses, that BPMN can represent that may not be implemented with any technology.

Click here to get your own BPMN Quick Guide.





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The Financial Express – Business News, Industry, Personal Finance, Stock Market News #business #day

#stock market news today

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The Railways need to evaluate whether it should continue to have 125 hospitals, 600 polyclinics and 100 schools directly under its wing, he said.

Outgoing RBI Governor Raghuram Rajan today rejected the idea of the government taking a special dividend from the central bank for recapitalisation of public sector lenders, saying there is no free lunch .

India and Vietnam today called for a reform of the UN and an expansion of the Security Council in both the permanent and non-permanent categories of membership, with enhanced representation from developing countries.

Country s largest two-wheeler maker Hero MotoCorp plans to launch 15 new products in domestic as well as international markets this fiscal, a top company official said today.

Find the Jeep pricing absurd? Here s the reason and why it isn t necessarily bad

New Jaguar sets record as fastest selling car for Tata Jaguar Land Rover

Stable regulatory framework important for investment in auto sector

The system, which would utilise the same machine learning technology used in Microsoft s artificial intelligence (AI) assistant Cortana, is designed to have a long lifecycle.

Samsung announces swap for Galaxy Note 7 with Galaxy S7 variants

Xiaomi Mi Max: Phablet with long-lasting battery for heavy users

From UrbanClap to OTJ247, take to tech to slay the chores and really enjoy the festive season

Odisha Chief Minister Naveen Patnaik today launched the Biju Kanya Ratna Yojana (BKRY) and inaugurated 1,000 anganwadi buildings here as part of the celebration marking birth centenary of legendary Biju Patnaik.

The extraordinary life of Mother Teresa, who worked relentlessly for the upliftment of the destitute and who will be declared a saint by the Roman Catholic Church, must be brought alive on the silver screen, says India s acclaimed veteran filmmaker Shyam Benegal.





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Business Bank Accounts – Compare Business Banking Deals #business #grants #for #women

#business bank account

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MoneySuperMarket.com

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Business current accounts

Looking for a great deal on business current accounts for your company? Compare our business bank accounts features such as; free business banking, interest on in-credit balances, overdraft facilities and free account transactions. Use our free and independent comparison table to find the best business current accounts today.

MoneySuperMarket doesn’t offer a comparison service for this type of product, but we have compiled a list of providers below who can help.

Business Start up accounts

  • Mobile App
  • Online Banking
  • Overdraft Facility

Great for 25 months free business banking for Start Ups But be aware that 25 months free business banking is available for businesses which open their first account within 12 months of beginning trading with an annual turnover not exceeding £2 million (borrowing & cash limits apply)

  • Mobile App
  • Online Banking
  • Overdraft Facility

Great for 24 months free Business Banking £500 fee-free overdraft But be aware that Free Business Banking is available for Businesses which are less than 12 months old with an annual turnover not exceeding £1 million Subject to Status. Over 18s only.

  • Interest Rate (AER) 0.25% on balances from 1
  • Monthly Fee For up to 18 monthsNo monthly fee
  • Overdraft Rate (EAR) 5.5% (variable)
  • Great for 12 months’ free day-to-day business banking for start-ups, or 18 months’ free if you are, or become, a 1I2I3 World or Santander Select customer (see provider site for eligibility) Earn interest on any credit balances But be aware that This is available to businesses in their first year of trading opening their first Santander Business Current Account After this free period, you’ll move to Santander’s £7.50 per month tariff or, if another tariff would be more suitable, Santander will be happy to arrange a transfer

  • Interest Rate (AER) 0.00%
  • Monthly Fee No monthly fees, but fee of 69.00 paid yearly
  • Overdraft Rate (EAR) Upon invitation
    • Online Banking
    • Direct Debits
    • Standing Orders

    Great for No credit checks required. Simple instant online application – no interview needed Branch banking service via Post Office network and no inbound bank transfer charges But be aware that Annual fee of £69 and £2 ATM withdrawal fee Monthly outbound transfers will cost £0.99 per transfer after first three

    • Mobile App
    • Online Banking
    • Overdraft Facility

    Great for 25 months free business banking for Switchers But be aware that 25 months free business banking is available for established businesses switching their main business current account with turnover not exceeding £2 million (borrowing & cash limits apply)

    Great for Simple to manage your monthly outgoings with all your standard business banking included for a single fixed fee, from £7.50 to £40 a month, based on your monthly cash deposits – use Santander’s calculator to see how much you could save Switch in just seven working days But be aware that You’ll pay 50p for every £100 of cash deposited beyond your monthly limit Non-standard transactions such as CHAPS payments, change-giving and foreign currency transactions will incur a charge

  • Interest Rate (AER) 0.00%
  • Monthly Fee No monthly fees, but fee of 69.00 paid yearly
  • Overdraft Rate (EAR) Upon invitation
    • Online Banking
    • Direct Debits
    • Standing Orders

    Great for No credit checks required. Simple instant online application – no interview needed Branch banking service via Post Office network and no inbound bank transfer charges But be aware that Annual fee of £69 and £2 ATM withdrawal fee Monthly outbound transfers will cost £0.99 per transfer after first three

    • Online Banking
    • Standing Orders
    • Text Alerts

    Great for Quick online application No interviews needed But be aware that A £55 application fee applies There is no cheque book supplied with this account and no overdraft or other borrowing facility

    Business bank account guide

    What is a business bank account?

    A business current account works in a similar way to a conventional bank account, but enables you to keep your business transactions separate from your personal finances. This makes life much more straightforward when it comes to managing cash flow and calculating your tax liability at the end of the year.

    Anyone who has started up as a limited company or partnership must have a business bank account. The most basic business accounts consist of a chequebook and paying in book.

    If you are a sole trader you can use your own personal account, but many people still prefer to set up a separate small business bank account. Business accounts are also available for charities and clubs, pension funds and client’s money.

    What to watch out for

    Don t automatically open a business account with your existing bank, as it might not offer good value for money.

    The best business bank accounts will offer you both low charges and decent rates of interest when you are in credit, so make sure you compare accounts to find the right deal to suit your requirements. If you think you will mainly be making payments electronically, go for an account that offers free or low-cost electronic transactions. Alternatively, if you think you’ll be using a lot of cheques, look for low charges on paper transactions.

    You should look for an account which provides online business banking, so that you can check the status of your account day or night.

    Remember that you will need to provide various documents in order to open your account, including a business plan and details about your company. These will include your Certificate of Incorporation if you have set up as a limited company, as well as documents proving your identity such as a passport and driver s licence.

    Unfortunately if you have a history of bad credit, opening a business account is likely to prove difficult, especially given the current economic climate.

    Charges

    Most UK business bank accounts come with an introductory offer such as free banking for 12 or 18 months. While these are tempting, always make sure you know how much you will end up paying once the introductory period is over.

    As a general rule, the more transactions you make on the account, the higher the charges are likely to be.

    Some business current accounts require a regular monthly or quarterly standing charge. This will typically cost you around 15 to 20 per quarter, but a there are plenty of accounts which don t charge this fee at all.

    Make sure you read the small print carefully if you go for business current account which offers free banking indefinitely, as these usually only let you pay in a set maximum each month and a limited number of cheques, which would be no good if your income is going to vary dramatically from one month to the next.

    Extra benefits

    Some banks have a dedicated small business advice team, while others offer a telephone helpline, so check to see what is on offer when comparing accounts. Branch-based chains of advisers can be useful if you want face to face contact to discuss any issues that might affect your business.

    How our site works

    When it comes to choosing a current account for your business, we want to give you as much choice as possible, so you can choose what suits you best. Some providers don t want to be included on comparison websites, so we can t promise to show you accounts from every single one. We rank the accounts according to the length of time you can bank for free, then by the monthly fee, then the interest rate. You can find out more about how we work here.

    Money

    You can rely on us

    We’re here to help





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  • Canadian Government Funding – Small Business Grants #business #financing #options

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    Canadian Government Funding for Small Businesses

    Mentor Works has worked with hundreds of SMEs across Canada to solve one wide sweeping issue: cash flow planning. The challenge facing most Canadian businesses is how to find and take advantage of suitable Canadian government grants and loans to assist with their cash flow and accelerate their growth. Browse a list of top small business funding programs to find out what your businesses can leverage:

    List of Canadian Government Grants and Loans for Small Businesses

    We have created a table of some of the most popular government grants for small business units in Canada, including repayable funding options, splitting them up into:

    Each program has specific and unique eligibility criteria that you should review prior to applying to ensure your business and project are eligible. If you would like information on a specific program, please click on the program name to learn more. Have questions about the program? Fill out the form at the bottom of the program page, call our toll free number (1-888-599-3111), or send us a message via our Contact Form .

    Government
    Funding
    Program

    Receive up to $100k in grant funding towards an industry post-secondary collaborative research project to create new water technologies that will:

    • Commercialize new water technologies
    • Bring new water technologies to market
    • Tap into the global water demand

    Industry-led Research Development Stream: Supports pre-commercialization R D, leading to new agri-based products, processes, and practices.

    • Combines industry, academia, government expertise to promote innovation
    • Scope may be national, regional, or localEnabling Commercialization Adoption Stream: Accelerates the rate of identification, assessment, development and adoption of innovation-based products
    • Commercialization projects of a new product or innovation
    • Technology adoption projects to improve internal operations or end products

    Provides non-repayable funding support to Canadian agriculture, agri-food, fish, and seafood industries by allowing them to identify market priorities and carry out marketing activities to develop export opportunities:

    • Development and production of advertising materials
    • Trade shows, conferences, and trade missions
    • Implementing marketing and branding plans

    Apprenticeship Job Creation Tax Credit

    Supports the training and certification of new trades apprentices through wage subsidies. Credit covers the training of new trades employees.

    Apprenticeship Training Tax Credit (Ontario)

    Incentive to allow SME s to hire new apprentices in trades.

    • Register new trades apprentices in sectors where there is high demand for skilled workers

    Automotive Innovation Fund (AIF)

    Supports the development of innovative, fuel-efficient new automotive products and processes to:

    • Create knowledge-based jobs in Canada;
    • Improve automotive sustainability and environmental impacts; and
    • Improve Canada s competitiveness.

    Automotive Supplier Innovation Program (ASIP)

    Provides research and development grants to assist with innovative automotive product development. Ideal projects activities:

    • Prototyping;
    • Product engineering; and
    • Pre-commercialization testing and validation.

    Build in Canada Innovation Program (BCIP)

    The Build in Canada Innovation Program is a first purchase program offered by the Canadian government.

    • Pre-commerical, innovative product or service opportunity to bridge the commercialization gap
    • Must be of use to the Canadian government by improving efficiency and effectiveness

    Receive up to 66% or $10K in training grants per trainee to enhance your workforce.

    • Most training that improves skillsets and career advancement is eligible.
    • Training can be carried out throughout the calendar year.
    • Program available from 2014-2020 with an annual funding pool of $192M in Ontario.

    Grant for developing, producing, and promoting innovative, interactive software development projects including apps and video games.

    • 3 streams: Development, Production or Marketing Promotion
    • Covers up to 75% of eligible costs up to $400k/$1 million
    • Canadian companies can apply if ≥75% of content is developed in Canada

    Small businesses with $10M in annual gross revenues can receive loan funding for expansion activities up to $1M.

    • Competitive interest rates
    • Can apply at a financial institution or credit union
    • May require a business plan





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    UAH – Business – Degrees #business #first #louisville

    #business degrees

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    Graduate Degrees

    CBA Graduate Student

    “I’m juggling a full-time job, being a parent, and being a student at the same time. And, while it’s not easy, I know that it’s worth it. I know that it’s going to pay off in the end.”

    Welcome to the UAH College of Business Administration! We offer seven Masters’ programs which can be pursued full-time or part-time in the evening. Several of our degrees are also available online. We also offer five Graduate Certificate Programs for professionals wanting to study a specific topic in-depth. Details about each of our programs and course requirements are provided in the links below.

    Graduate Degree Programs

    Graduate Certificate Programs

    The College of Business Administration is accredited by the AACSB International – The International Association for Management Education. Fewer than 28% of all business schools are accredited by this prestigious body.

    For a more detailed description of the courses, please see the Graduate School Catalog .

    Additional information for graduate students can be found at UAH’s School of Graduate Studies .





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    Business Services – Geeks of Nevada, Inc #business #brokers

    #business services

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    Business Services

    Every customer is important to Geeks of Nevada, Inc. but we also realize that business rely on their systems to function. Geeks of Nevada, Inc. is there to react and ensure that your business runs as smoothly as possible.

    We offer multiple levels of service ranging from a single instance service to a service level agreement (SLA). Proactive management of your IT systems helps to prevent surprise downtime which oftentimes brings your company to a screeching halt. We focus on quality and operational excellence while comprehensively managing your IT infrastructure without compromising service delivery to our clients and their customers. Acting as your trusted business technology advisor and helping to incorporate technology strategies that support your overall business strategy and long term goals.

    • Onsite PC Desktop and Laptop Repair
    • System Monitoring and Maintenance
    • Wired and Wireless Networks
    • Network Security
    • Antivirus and Malware Protection
    • Spam Filtering
    • Backup Solutions
    • New Computers
    • Hardware Upgrades
    • Operating System and Software Upgrades
    • Database Management
    • Individual and Group Training

    I have been doing business with Geeks of Nevada for 5 years. They built a custom computer for me. Set up my computer for wireless internet and email. They can even access my computer remotely and help me with any problems. My laptop was set up by Geeks so that my office computer can be accessed remotely so my emails can be answered and web site updated from the road. Geeks of Nevadas service is always prompt and any issues are resolved perfectly.

    – Willeta Kerschner Executive Director BNI Northern Nevada

    Hours





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    Business services – European Commission #business #quotes

    #business services

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    Business services

    Business services cover many varied sectors. They range from technical services such as engineering, architecture and IT, to other professional services such as legal services, employment services and facility management. As one of the largest service sectors, business services contribute to 11% of EU GDP.

    Business services are particularly important to European competitiveness as they are essential to manufacturing and other service sectors. They are also increasingly being used to enhance the value of products through new combinations of goods and services and play a central role in the ‘servitisation’ of the European economy.

    There is significant untapped growth potential for business services in the EU today. While they currently face relatively low average productivity and persisting legal barriers, EU internal market legislation and policy actions aim at removing these obstacles and stimulating competitiveness in the sector.

    EU legislation

    There are two EU Directives that support the business services sector in particular:

    • The Services Directive allows business service providers to more easily establish in another EU country or provide services across borders. This Directive covers a large number of business services but there are exceptions such as private security services, temporary work agency services and notarial services.
    • The Professional Qualifications Directive facilitates the recognition of professional qualifications for those wishing to work in another EU country. This Directive covers regulated professions that largely offer their services to businesses such as accountants, lawyers, consultants and engineers.

    High Level Group on Business Services

    To analyse the untapped potential of this important sector and provide a new impetus to policy development, the European Commission set up a High Level Group on Business Services. This initiative was announced in two flagship communications: An Integrated Industrial Policy for the Globalisation Era and A Single Market Act I .





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    What SBA Doesn – t Offer #stock #markets #today

    #small business grants

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    SBA does NOT provide grants for starting and expanding a business.

    Government grants are funded by your tax dollars and, therefore, require very stringent compliance and reporting measures to ensure the money is well spent. As you can imagine, grants are not given away indiscriminately.

    Grants from the Federal government are authorized and appropriated through bills passed by Congress and signed by the President. The grant authority varies widely among agencies. SBA has authority to make grants to non-profit and educational organizations in many of its counseling and training programs, but does not have authority to make grants to small businesses. The announcements for the counseling and training grants will appear on grants.gov. If Congress authorizes Specific Initiative Grants, organizations receiving such grants will receive individual notifications.

    Some business grants are available through state and local programs, nonprofit organizations and other groups. For example, some states provide grants for expanding child care centers; creating energy efficient technology; and developing marketing campaigns for tourism. These grants are not necessarily free money, and usually require the recipient to match funds or combine the grant with other forms of financing such as a loan. The amount of the grant money available varies with each business and each grantor.

    If you are not one of these specialized business, both federal and state government agencies provide financial assistance programs that help small business owners obtain loans and venture capital financing from commercial lenders.

    Application Forms for Non-Construction Grants

    Application Forms for Construction Grants





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    The importance of ethics in business – Ethical business practices – Cadbury Schweppes #internet #home #business

    #ethics in business

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    Ethical business practices
    A Cadbury Schweppes case study

    Page 1: The importance of ethics in business

    Ethics concern an individual’s moral judgements about right and wrong. Decisions taken within an organisation may be made by individuals or groups, but whoever makes them will be influenced by the culture of the company. The decision to behave ethically is a moral one; employees must decide what they think is the right course of action. This may involve rejecting the route that would lead to the biggest short-term profit.

    Ethical behaviour and corporate social responsibility can bring significant benefits to a business. For example, they may:

    • attract customers to the firm’s products, thereby boosting sales and profits
    • make employees want to stay with the business, reduce labour turnover and therefore increase productivity
    • attract more employees wanting to work for the business, reduce recruitment costs and enable the company to get the most talented employees
    • attract investors and keep the company’s share price high, thereby protecting the business from takeover.

    Unethical behaviour or a lack of corporate social responsibility, by comparison, may damage a firm’s reputation and make it less appealing to stakeholders. Profits could fall as a result.

    Along with good corporate governance, ethical behaviour is an integral part of everything that Cadbury Schweppes does. Treating stakeholders fairly is seen as an essential part of the company’s success, as described here: ‘A creative and well managed corporate and social responsibility programme is in the best interests of all our stakeholders – not just our consumers – but also our shareowners, employees, customers, suppliers and other business partners who work together with us. *’

    Ensuring that employees understand the company’s corporate values is achieved by the statement of ‘Our Business Principles’ which makes clear the behaviour it seeks from employees.

    Cadbury Schweppes’ good practice was recognised when it was voted one of the ‘most admired companies for community and environmental responsibility’ by Management Today magazine in 2003. It was also ranked second in the Food and Drink sector in the Business in the Community ‘Per Cent Club’ Index of corporate giving for 2003, with an investment in the community of around 3of its UK pre tax profits.

    * Cadbury Schweppes Corporate and Social Responsibility Report 2002

    Cadbury Schweppes | Ethical business practices





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    Music Business – Berklee Online #incorporate #a #business

    #music business

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    Degree Programs

    Degree programs are the most affordable and flexible option for earning your music degree from Berklee College of Music. They are the best option for students who want a music education degree and the full Berklee experience.

    Sharpen your knowledge of the skills, concepts, and methodologies needed to succeed in the ever-evolving music business, including music publishing, management, marketing, touring, and more. The program will detail the most pressing issues facing the music industry today, and properly prepare students for the opportunities that are available in the new music business.

    “Build your own” music major by selecting coursework from a number of disciplines that align with your personal career goals.

    This major is geared specifically for new and entering students who are not yet ready to declare their major.

    Degree Path Certificates

    What is a Degree Path Certificate?

    Unlike our traditional multi-course certificate programs, all credits earned in a degree path certificate transfer directly into the certificate’s correlating degree major.

    Students who successfully complete a degree path certificate with a 2.7 GPA or higher are provisionally accepted into the certificate’s correlating degree major in the online Bachelor of Professional Studies program, pending the student’s completion of a degree application and application review by Berklee Online’s Dean of Continuing Education.

    Can I enroll in a Degree Path Certificate even if I am not interested in pursuing an online degree?

    Yes. All students are eligible to enroll in a degree path certificate, regardless of whether or not they plan to continue into a degree program upon completion of the certificate.

    Who are Degree Path Certificates best suited for?

    Degree path certificates are best suited for students who aren’t yet ready to pursue a robust online degree program, but who would like to begin completing credits that will transfer into Berklee Online’s degree program in the future.

    Do I need to complete an application before I can enroll in a Degree Path Certificate?

    No, there is no admissions process to enroll in a degree path certificate. Students who wish to enroll in a degree path certificate should simply navigate to the certificate they would like to register for and click “Enroll in this Certificate” to get started.

    Note: If you are preparing to enter the online Bachelor of Professional Studies degree program after completing a degree path certificate, you will be required to fill out an online degree application.

    Can I receive federal financial aid for a Degree Path Certificate?

    No, federal financial aid is not available for certificate programs.

    I just completed a Degree Path Certificate and am interested in pursuing an online Bachelor of Professional Studies degree at Berklee Online. What do I do next?

    Berklee Online

    Berklee Online is Berklee College of Music’s online extension school. With world renowned faculty and unparalleled networking opportunities, Berklee Online brings the best of Berklee to students around the world.





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