EBRMÉlectricité Bobinage Réparation Mécanique (French: Electrical Winding Mechanical Repair)
EBRMEmployee Benefit Risk Management (Oak Brook, IL)
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References in periodicals archive ?
Effective EBRM can help ensure business activities are performed as required by centralized and well-understood logic with improved audit and workflow monitoring.
To help understand some key components of any EBRM journey, keep these pragmatic concepts in mind.
Appoint a Business Rules Czar and build a team that's on a mission: EBRM is not a "here today, gone tomorrow" fad but rather is becoming more central to the way successful companies are run.
Plan the EBRM project journey: There is considerable industry thought about how to create a phased EBRM organizational maturity model.
Be sure the difference between a rule and a non-rule is well understood: The objective of EBRM is not to move basic programmatic flow into some new system, so it's important to understand what makes a rule a rule.
This process should help create the EBRM project docket, an investment portfolio of sorts, where business rule rationalization opportunities are identified and value is generated.
Too often companies are not successful with the EBRM effort because it is viewed as a software play vs.
Systems architecture must allow for EBRM across disparate environments and platforms: SOA often is used to connect business rules logic within rules engines to disparate administrative systems and control logic flow across the enterprise.
Ready the organization--the soft side of the effort requires careful planning and execution: Once the EBRM team begins its work in earnest, word will spread through the organization about what is going on.
While not a project for the faint of heart, EBRM is gaining significant momentum throughout the insurance industry and across all business functions.