Using ROI to Measure the Results of Business Process Improvement Initiatives

Given today’s economy and the need to do more with reduced resources, budgets, etc., organizations are looking to improve efficiencies across departments and business units. This means reviewing the current processes and improving them, or putting processes in place where nothing formal currently exists. Process improvement initiatives are becoming a focal point for organizations – regardless of their size or industry – and Executives want to see the positive monetary impact from these initiatives. Here is where Business Impact and ROI analysis comes into play to measure the effectiveness of an organization’s process improvement initiatives. Read More