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
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“Men seem anxious to accomplish an orderly retreat through the centuries, earnestly rebuilding the works behind them, as they are battered down by the encroachments of time; but while they loiter, they and their works both fall prey to the arch enemy.”
—Henry David Thoreau (1817–1862)