An Event-Driven Framework for Business Awareness Management
This framework addresses the problem of real-time business awareness and responsiveness for managers in modern organizations, particularly in dynamic environments.
This paper introduces BEAM, an event-driven framework designed to provide real-time awareness of business conditions and events from diverse environments. It aims to enhance organizational responsiveness to changing business conditions, enabling quick reactions to avoid problems or exploit opportunities.
Modern organizations need real-time awareness about the current business conditions and the various events that occur from multiple and heterogeneous environments and influence their business operations. Moreover, based on real-time awareness they need a mechanism that allows them to respond quickly to the changing business conditions, in order to either avoid problematic situations or exploit opportunities that may arise in their business environment. In this paper we present BEAM, an event-driven framework that enables awareness about the situations happening in business environments and increases organizations responsiveness to them. We illustrate how BEAM increases the awareness of managers about the running business processes, as well as their flexibility by presenting a practical application of the framework in the transportation and logistics domain.