Business Process Management (BPM) is a set of organizational practices designed to manage and improve business operations. It involves the analysis, optimization, measurement and automation of processes in order to improve performance and reduce costs. The main objectives of BPM are to ensure that all relevant stakeholders understand process activities and how they interrelate with each other, so that they can be effectively managed and improved. By analyzing processes, identifying opportunities for improvement, and automating key tasks, BPM helps businesses to be more efficient, scalable and adaptable. In short, it’s an essential tool for staying competitive in today’s rapidly changing corporate environment.