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Model your way to better business performance
Author(s) -
Miller John A.
Publication year - 2011
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.21740
Subject(s) - business process management , process management , process (computing) , focus (optics) , business process modeling , computer science , business process , business , value (mathematics) , business model , marketing , work in process , machine learning , optics , operating system , physics
Even the best operational models have no value unless management uses the information for decision making, process improvement, pricing, budgeting, planning, and running the business. To be successful, modeling efforts must focus on what's important to the business, and the modeling must be done at a level that is relevant to growing the business, decision making, improvement efforts, and performance management. © 2012 Wiley Periodicals, Inc.