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A framework for measuring and managing value achievement in business processes

  • Sungwon Kang*
  • , Jihyun Lee
  • , Danhyung Lee
  • , Jongmoon Baik
  • *Corresponding author for this work
  • Korea Advanced Institute of Science and Technology
  • Daejeon University

Research output: Contribution to journalJournal articlepeer-review

Abstract

As business values pursued by today's organizations are abstract concepts, measurement of these values and their achievement is not straightforward. This paper proposes a value achievement measuring and managing framework, which recursively decomposes business values to construct a value hierarchy and then links it with the business process hierarchy. The framework makes it possible to measure value achievement, trace values to processes, and take necessary actions in response to the measured progress in value achievement.

Original languageEnglish
Pages (from-to)2456-2468
Number of pages13
JournalIEICE Transactions on Information and Systems
VolumeE95-D
Issue number10
DOIs
StatePublished - 2012.10

Keywords

  • Business process
  • Business process management
  • Business value
  • Performance indicator
  • Value measurement

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