Reducing Business Process Friction: Assessing Customer Value in terms of Process Efficiency

Reducing Business Process Friction: Assessing Customer Value in terms of Process Efficiency

RELEASE DATE
31-Mar-2017
REGION
North America
Deliverable Type
Strategic Forecasting
Research Code: 9B0F-00-24-00-00
SKU: IT03284-NA-SF_19865
AvailableYesPDF Download
ZAR53,468.10
In stock
SKU
IT03284-NA-SF_19865
ZAR53,468.10
DownloadLink
Purchase includes:
  • Report download
  • Growth dialog™ with our experts
Need more details?

Description

Although process friction has been studied under the guise of different management theories, it has largely been ignored by business; resulting in no standardized means to quantify friction’s existence and impact. This paper addresses this deficiency. In doing so, casting friction as a measure of how things actually work, the efficacy of technology-based business processes and outcomes can be measured. Applying this model, two companies working to reduce friction, IBM and Amazon, are examined; and the degree to which they have reduced friction within the business and with consumers is estimated.

Table of Contents

Introduction

Defining Process Friction

Reducing Friction: Two Examples

The Implications of Friction

Stratecast - The Last Word

About Stratecast

About Frost & Sullivan

Growth dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

Although process friction has been studied under the guise of different management theories, it has largely been ignored by business; resulting in no standardized means to quantify friction’s existence and impact. This paper addresses this deficiency. In doing so, casting friction as a measure of how things actually work, the efficacy of technology-based business processes and outcomes can be measured. Applying this model, two companies working to reduce friction, IBM and Amazon, are examined; and the degree to which they have reduced friction within the business and with consumers is estimated.
More Information
Deliverable Type Strategic Forecasting
No Index No
Podcast No
Author Michael Jude
Industries Information Technology
WIP Number 9B0F-00-24-00-00
Is Prebook No