054: Benefits of Process Modeling

<p><span style="font-weight: 400;">Digital Enterprise Society is the authority on the transformation to a digital enterprise, impacting all areas of an organization. Tune in for discussions among industry leaders about operations and action needed to drive digitization principles forward for the future of product development and life cycles.</span><strong> </strong></p> <p> </p> <p><span style="font-weight: 400;">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. </span></p> <p> </p> <p><span style="font-weight: 400;">On today’s podcast, you will learn:</span></p> <p> </p> <p><strong>Process modeling versus typical PLM workflow</strong></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">A process model works where the typical workflow for a next generation product doesn’t</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Process modeling can work in any variety of scenarios, whether it’s in sequence, parallel, or iterations </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Process modeling provides a higher level of extraction for more complicated products</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">It is an asset to know your processes and your findings, and both can give you a greater competitive advantage. </span></li> </ul> <p> </p> <p><strong>The benefits of effective process modeling</strong></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Most companies that would benefit from process mod