- 1. The Portfolio Manager Kit for Continuous Process Improvement
& Management How to Use
2. The Portfolio Manager Kit
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- Portfolio Management System
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- Microsoft Access database
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- Manages processes as assets
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- Classifies, inventories, evaluates, scorecards & documents
business processes, rules & KPIs
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- Tracks Process Improvement Projects
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- Manages a Continuous Process Improvement Program
- What problems does it solve?
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- Ineffective or inefficient execution
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- Substandard performance outcomes
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- Miscommunication & misalignment among process owners &
stakeholders
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- Unstructured process management initiatives
3. How to Use The Portfolio Manager Kit At-a-GlanceItalicized
red text indicates a deliverable. Prepare for BPMusing The Strategy
Guide 1 Document Processes usingProcess Detail Sheets 5 Document
Policies, Rules & KPIs usingRules& KPI Detail Sheets 6
Learn How To Manage Processes usingThe Portfolio Guide 2 Classify,
Inventory & Evaluate Processesusing The BP Inventory Worksheet
3 Create a Business Process Portfoliousing The BP Portfolio Manager
4 Manage Lifecycles & a Continuous Process Improvement
ProgramusingThe BP Portfolio Manager 7 4.
- Learn strategy best practices
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- How to focus on customer value
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- Michael Treacy & Fred Wiersema
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- How to measure performance
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- Robert Kaplan & David Norton
- Learn execution best practices
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- How to align people, process & technology (resources) to
support strategy
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- Process-centric IT strategy & architecture
- Strategy & resource alignment
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- Use Derivative Analysis as a self-assessment technique
- Based on established thought leaders
5. 2. Learn How To Manage Processes
- How to classify & organize processes as assets
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- How to use standardized process reference models
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- How to create a proprietary reference model
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- How to manage Core vs. Non-core processes
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- How to create & use control processes
- How to inventory & document processes
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- Manage facilitated discussion & qualitative assessment
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- How to capture process information in detail
- How to create & manage a Business Process Portfolio
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- How to manage a continuous improvement program
- How to select processes for improvement
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- Strategic vs. symptomatic process improvement
- How to measure performance
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- Outcome measures vs. performance drivers
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- Indentifies over 500 Key Performance Indicators (KPIs)
6. 3. Classify, Inventory & Evaluate
- Create a classification model
- Conduct a Business Process Inventory
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- To identify and value processes
- Use The BP Inventory Worksheet
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- Provides step-by-step instructions
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- To evaluate process quality
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- To inventory & prioritize (Core) processes for improvement
and/or benchmarking
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- To expose (Non-core) processes to be consolidated, streamlined,
decommissionedor eliminated
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- Pull down answer responses eliminates ambiguity & improve
analysis & conclusions
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- To begin development of a Business Process Portfolio
7. 4. Create a Business Process Portfolio
- The BP Portfolio Manager*
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- Import classification model and process evaluations fromThe BP
Inventory Worksheet
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- Supports most standardized process reference model such as the
APQCs PCF SM
- Process management using a database to capture process, rules
& performance measure documentation
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- Inputs, activities, tasks, outputs
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- Key performance indicators (KPIs)
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- Business policies & rules
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- Related control processes, best practices
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- Resource requirements, systems used
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- Reference links, document attachments
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- Manage lifecycles, projects, continuous improvement program
using standard reports & custom queries
* Requires Microsoft Access 2007 (Not Included) Run-Time Version
also available. 8. 5. Document Processes
- Capture & manage details:
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- Evaluation Criteria & Comments
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- Execution Steps (Activities)
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- Associated Rules, Controls & Processes
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- Performance Measures / KPIs
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- Related Information & Documents
Process Detail Sheets 9.
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- Customer, Finance, Internal Business Process, Learning &
Growth
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- Outcome measures, Performance Drivers
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- Short- Long-Term Indicators
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- Leading, Lagging Indicators
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- Calculations & Data Sources
6. Document Policies, Rules & KPIs Rules & KPI Detail
Sheets 10. 7. Manage Lifecycles, Projects & Continuous
Improvement
- Track Processes Requiring Action
- Core Processes Lifecycle Management
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- Issues, changes and trends in the quality, effectiveness and
efficiency of execution
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- Information technology issues
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- Opportunities for improvement and/or benchmarking
- Non-Core Processes Lifecycle Management
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- Issues, changes and trends in the quality, effectiveness and
efficiency of execution
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- Information technology issues
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- Opportunities to streamline, consolidate or eliminate
- Business Rules Lifecycle Management
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- Status and/or state of compliance of each policy &
rule
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- Activate new, decommission expired policies&rules
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- Execute Communications Plan
- Business Process Inventory
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- Interpret the findings of the most recent exercise
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- Identify Process Categories & Groups to be evaluated in the
next exercise
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- Action items assigned to accountable & responsible parties
for all of the above
- Business Process Portfolio
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- Keep current Process, Rules & KPI Details Sheets
11. Next Step:The PRACTICE Method TM