Business Process Performance Measurement

Brand managers are the champions of balancing innovation and brand strategy that deliver profit, revenue, and cost efficiencies. Review this overview of how businesses as a whole use financial metrics to measure organizational performance. This review of key performance indicators introduces alternatives to evaluate a more holistic view of an organization's performance by considering different performance perspectives.

Abstract

Measuring the performance of business processes has become a central issue in both academia and business, since organizations are challenged to achieve effective and efficient results. Applying performance measurement models to this purpose ensures alignment with a business strategy, which implies that the choice of performance indicators is organization-dependent. Nonetheless, such measurement models generally suffer from a lack of guidance regarding the performance indicators that exist and how they can be concretized in practice. To fill this gap, we conducted a structured literature review to find patterns or trends in the research on business process performance measurement. The study also documents an extended list of 140 process-related performance indicators in a systematic manner by further categorizing them into 11 performance perspectives in order to gain a holistic view. Managers and scholars can consult the provided list to choose the indicators that are of interest to them, considering each perspective. The structured literature review concludes with avenues for further research.

Source: Amy Van Looy and Aygun Shafagatova, https://springerplus.springeropen.com/articles/10.1186/s40064-016-3498-1
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