Pro FIT-MAP Methodology
ProFIT-MAP is a business methodology for improving organizational performance and managing execution. Its objective is to help organizations achieve their cost and operational targets. It does this by identifying the relevant parameters that managers can control, linking them to the business objectives, showing which changes will be effective, and creating an execution roadmap that will achieve the objectives.
For any business improvement challenge, ProFIT-MAP answers four important management questions. Managers then use this information as an input into their decision making process.
- Can it be done? Is it possible? If not, then what additional capabilities are needed?
- Will it be profitable?
- What is the impact of my decision across the product mix and the functional capabilities of the organization?
- How do I transform operations from point A to point B? That is, what is the operational roadmap for achieving the business objectives?
Read more about Pro FIT-MAP Methodology: How It Works, Six Phases, Focus On Business Execution, Complementary Nature, Parametric-activities-based Framework, Methodology and Analytical Requirements, History, Menawat & Co., Bibliography
Famous quotes containing the words pro and/or methodology:
“The upbeat lawyer/negotiator of preadolescence has become a real pro by now—cynical, shrewd, a tough cookie. You’re constantly embroiled in a match of wits. You’re exhausted.”
—Ron Taffel (20th century)
“One might get the impression that I recommend a new methodology which replaces induction by counterinduction and uses a multiplicity of theories, metaphysical views, fairy tales, instead of the customary pair theory/observation. This impression would certainly be mistaken. My intention is not to replace one set of general rules by another such set: my intention is rather to convince the reader that all methodologies, even the most obvious ones, have their limits.”
—Paul Feyerabend (1924–1994)