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054: Benefits of Process Modeling

Posted By Digital Enterprise Society, Wednesday, May 27, 2020
Updated: Tuesday, May 26, 2020

054: Benefits of Process Modeling 

 

On today’s episode, Thom and Craig welcome Erich Meier, CTO at Method Park.  From his early days of software education to a successful career in product lifecycle management, Erich has seen the benefits of effective process modeling for any industry.  He explains its value and highlights the innovative benefits of implementing process modeling.  He also offers a look at opportunities that are beginning to present themselves as a result of COVID-19, and shares key advice that can help you develop a truly stellar reputation in your career.

In today’s episode, Thom Singer and Craig Brown welcome Erich Meier, CTO at Method Park.  From his early days of software education to a successful career in product lifecycle management, Erich has seen the benefits of effective process modeling for any industry.  He explains its value and highlights the innovative benefits of implementing process modeling.  He also offers a look at opportunities that are beginning to present themselves as a result of COVID-19, and shares key advice that can help you develop a truly stellar reputation in your career.

On today’s podcast, you will learn:

Process modeling versus typical PLM workflow

     A process model works where the typical workflow for a next generation product doesn’t

     Process modeling can work in any variety of scenarios, whether it’s in sequence, parallel, or iterations

     Process modeling provides a higher level of extraction for more complicated products

     It is an asset to know your processes and your findings, and both can give you a greater competitive advantage.

 

The benefits of effective process modeling

     Most companies that would benefit from process modeling don’t yet know that it exists

     Process modeling provides tools that create greater products by answering the questions of who, what, how and why

     Highly effective product lifecycle management always includes process modeling

     Process modeling allows for a better implementation of incremental innovative visions

     Companies that benefit most from process modeling have highly complex products and disruptive innovations in a highly regulated environment

 

Impacts and opportunities from COVID-19

     Working from home is option for more industries than previously thought possible

     Companies are preserving R & D projects as cost pressures will remain even if product complexity doesn’t change

     Standards and regulations will most likely continue to increase internationally to ensure safety and encourage innovation

 

How to develop a stellar career reputation

     Take time to listen before you speak to other people

     Seek to understand before you seek to be understood

     Never stop asking ‘why’ when you are given tasks — it will allow for opportunities of greater innovation

 

Do you have an example of extraordinary efforts or innovation during these unprecedented times? We would love to hear your story and possibly interview you for an upcoming episode. Please reach out to us at www.DigitalEnterpriseSociety.org

 

Process modeling versus typical PLM workflow

     A process model works where the typical workflow for a next generation product doesn’t

     Process modeling can work in any variety of scenarios, whether it’s in sequence, parallel, or iterations

     Process modeling provides a higher level of extraction for more complicated products

     It is an asset to know your processes and your findings, and both can give you a greater competitive advantage.

 

The benefits of effective process modeling

     Most companies that would benefit from process modeling don’t yet know that it exists

     Process modeling provides tools that create greater products by answering the questions of who, what, how and why

     Highly effective product lifecycle management always includes process modeling

     Process modeling allows for a better implementation of incremental innovative visions

     Companies that benefit most from process modeling have highly complex products and disruptive innovations in a highly regulated environment

 

Impacts and opportunities from COVID-19

     Working from home is option for more industries than previously thought possible

     Companies are preserving R & D projects as cost pressures will remain even if product complexity doesn’t change

     Standards and regulations will most likely continue to increase internationally to ensure safety and encourage innovation

 

How to develop a stellar career reputation

     Take time to listen before you speak to other people

     Seek to understand before you seek to be understood

     Never stop asking ‘why’ when you are given tasks — it will allow for opportunities of greater innovation

 

Do you have an example of extraordinary efforts or innovation during these unprecedented times? We would love to hear your story and possibly interview you for an upcoming episode. Please reach out to us at www.DigitalEnterpriseSociety.org

 

GUEST BIO: 

Erich Meier is the creator and chief architect of the "Stages" process management system. Erich started working for Method Park in 2001 and helped major corporations all around the globe to develop new capabilities by improving their engineering and product development processes. Since 2007 he has served as Method Park's CTO being responsible for the global products business, technology vision and roadmap. Erich is a frequent speaker at conferences and executive events specializing in engineering process and product development transformations.

Erich holds a PhD in computer science from the University of Erlangen, Germany.

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