How to Maximize Your Corporate Performance

To maximize your aggregate corporate performance, you must maximize the performance of both your corporate objects and your corporate processes. Both are measured by the corresponding key performance indicators (KPI). There is a major difference in performance maximization, however, between corporate objects and corporate processes.

To maximize the performance of a corporate process, you usually have to perform a reengineering of the corporate process in question (which usually automatically yields the optimal values of process-related KPI). You seldom have to reengineer a corporate object (with the exception of composite objects). Therefore, to maximize its performance, you will have to analyze historic values of object-related KPI (benchmark, planned and actual) and develop and execute plans for optimizing KPI values and thus maximizing the performance of the object in question.

To reengineer a business process, you must first visualize it (‘develop a visual model’). To do that, you will need the right methodology (usually IDEF0), tools and technologies. Here's an example of an IDEF0 visual diagram for a corporate process.