Value-Oriented Process Modeling: Towards a Financial Perspective on Business Process Redesign
Abstract
To date, typical process modeling approaches put a strong emphasis on describing behavioral aspects of business operations. However, they often neglect value-related information. Yet, such information is of key importance to strategic decisionmaking, for instance in the context of process improvement or business engineering. In this paper we propose a valueoriented approach to business process modeling based on key concepts and metrics from operations and financial management. A simple case study suggests that our approach facilitates managerial decision-making in the context of process re-design.
Keywords
Business Process Management; Value-Oriented Process Modeling; Re-organization; Return on Investment; Total Cost of Ownership; Capital Budgeting
Cite as
vom Brocke, J., Mendling, J., & Recker, J. (2008). Value-Oriented Process Modeling: Towards a Financial Perspective on Business Process Redesign. In Benbasat, I., & Montazemi, A. (Eds.), Proceedings of the 14th Americas Conference on Information Systems 2008: AMCIS 2008 (pp. 1–10). United States: Association for Information Systems.Details
Publication type
Research article in proceedings (conference)
Peer reviewed
Yes
Publication status
Published
Year
2008
Conference
14th Americas Conference on Information Systems 2008
Venue
Toronto
Volume
350
Book title
Proceedings of the 14th Americas Conference on Information Systems 2008: AMCIS 2008
Editor
Benbasat I; Montazemi AR
Start page
1
End page
10
Publisher
Association for Information Systems
Place
United States
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