How It Works
The process of using the ProFIT-MAP methodology is referred to as profit mapping. ProFIT-MAP assesses the current and future operational requirements of any business challenge from three integrated perspectives representing the business process, its associated resource requirements, and the financial characteristics. Understanding the cost and profitability implications of any process improvement decision prior to its implementation is central to profit mapping.
Read more about this topic: Pro FIT-MAP Methodology
Famous quotes containing the word works:
“The ancients of the ideal description, instead of trying to turn their impracticable chimeras, as does the modern dreamer, into social and political prodigies, deposited them in great works of art, which still live while states and constitutions have perished, bequeathing to posterity not shameful defects but triumphant successes.”
—Herman Melville (18191891)