Obviously, making money is important to businesses; however, primary focus for increased profitability is often given to cutting costs. Initially benefits can be achieved with a cost-savings strategy, but, after low-hanging-fruit is harvested, the benefits from this effort can be detrimental to the long-lasting health of the business. In contrast, organizations experience lasting benefits when […]

The Porter value chain is enhanced when predictive performance measures are included.  A business process management (BPM) system implementation, which uses an enhancement to Porter’s methodology, gains much when it incorporates a structured inclusion of predictive metrics that have a natural balance in its use of a value chain.  Porter Value Chain Benefits Michael Porter’s