The efficient frontier is defined as “… the set of optimal portfolios that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return.” https://www.investopedia.com/terms/e/efficientfrontier.asp In the same fashion, processes inherently have a risk v. value calculation The “Efficient Process Frontier” is the set […]
Operational Processes and Operational Efficiency have been likened to any other asset that a firm purchases. For instance, the “Return on Investment” of operational processes is freely bandied about as if processes are like any other asset. In another example, “Process Mining” likens the artifacts of any process, it’s audit trail, to the ore of […]
