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Tuesday
May252010

Business Events in the Context of OMG’s BMM

As I mentioned in a prior post, a Business Event is an event that is meaningful for conducting commercial, industrial, and governmental or trade activities. Business events are a recent 'buzz' or focus in the BPM world. With respect to event process modeling, I believe there are two categories of events:
  • External Business Events:  EBE's, in combination with business rules, provide channels for messages in BPMN business process. For example, a purchase order has been issued through an X11 file, critical equipment has been recalled by the manufacturer, and sensor data has reached a limit.  

  • Internal Business Events: IBE's can arise, from the IT infrastructure and a business process is particularly adept at handling these.

IBE's and EBE's form the global cloud of events .

IBE's and EBE's can be seen indirectly in the OMG's Business Motivation Model. The OMG's BMM is an essential link between business planning and modeling and business processes management. It utilizes a set of integrated concepts to define the elements of a business plan. These elements support a variety of approaches for creating and maintaining a business motivation model for the enterprise. As seen in the figure below, a business motivation model is parameterized in terms of means, ends, influencers, and assessments. It includes reference elements and business vocabulary. BMM is particularly strong where business change drives supporting processes.
 
Business Movivation Model
Business Motivation Model
As its name suggests, motivation is key to the business motivation model and is deeply tied to the mission of the organization. With the BMM you can chart connections between vision and goals and objectives, and link mission into strategy for approaching these goals and tactics for achieving the objectives.

IBE's and EBE's arise from the influencers portion of the model. Internal influencers can assessed to be strength or weaknesses and an internal event, such as reaching or missing a key performance indicator, can be one of these. External influences (which are counted as opportunities or threats) are analyzed as parts of the business plan. Obviously, the external events we mentioned above might be an influencer.

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Reader Comments (1)

Thanks for your post. Prior to it, I was unfamiliar with Business Motivation Model. Working with startups on developing their business plan template and growing their ventures, I started to wonder if BMM would work for them.

In theory it makes sense since success as an entrepreneur is all about motivation, and tying motivation to the mission of the organization. In any startup, you should be able to plot connections between vision and goals and objectives. You should also be able to correlated the mission into strategy for approaching these goals.

So it seems that the BMM model is applicable to all types of businesses. Thanks!

October 27, 2010 | Unregistered CommenterDave Lavinsky

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