Fuzzy Cognitive Maps in Banking Business Process Performance Measurement

Author(s):  
George Xirogiannis ◽  
Michael Glykas ◽  
Christos Staikouras

This chapter draws on the methodology for e-service customization presented in chapter 5 and presents a modeling approach for realizing the service customization strategies. The described models are a combination of object-oriented business process and task models, and of fuzzy cognitive maps (FCM) that represent the interrelationships between business process performance and service customization. The modeling approach breaks down business process(es) and e-services components into customization activities and components respectively, and associates their performance indicators with customization strategic objectives. This chapter describes the concepts and models that are developed in each step in order to capture the strategic factors, service characteristics, process tasks and data entities, which are assumed in the customization process, and outlines the advantages of the modeling approach.


Author(s):  
Adela del-Río-Ortega ◽  
Manuel Resinas ◽  
Antonio Ruiz-Cortés

2017 ◽  
Vol 44 (1) ◽  
pp. 21
Author(s):  
Barbara Simeunović ◽  
Milić Radović ◽  
Dragoslav Slović

In the paper, some of the most important performance measurement models are considered, and it is noticed that the majority of models takes into account the strat egy or goals while determining performance, most of them don’t specify performance indicators, but give an indication for their determination and none of them link directly organizational goals and performance indicators. In other words, none of them speci fy their interdependence, which would allow model flexibility. Furthermore, the novel approach to business process performance measurement is proposed, which starts from business system goals, decompose them on the lower level objectives and link them to the key processes of business system. Suggested approach allows interconnection between organization’s top level goals and key process performance indicators, by using lower level objectives, which enable model flexibility.


Author(s):  
Adela del-Río-Ortega ◽  
Manuel Resinas ◽  
Antonio Ruiz-Cortés

Sign in / Sign up

Export Citation Format

Share Document