Super-Processes
(Strategic level)
The Super-Processes are the constituents of Value Management at a Strategic level.
Definition
The Super-Processes are the operational instantiation of the 3 Business Functions at strategic level. There are 3 Super-Processes, each one associated with one Business Function: the Market Super-Process, the Capture Super-Process and the Industry Super-Process.
(see Business Functions: Presentation)
Due to the one-to-one relation between Business Functions and Super-Processes, the two notions, although conceptually different, can, for all practical purpose, be used indistinctly.
The usual concept: the Value Chain
Since the 80's, academics and practitioners have been using the Value Chain approach, developed by Michael E. Porter, to classify business activities. The Value Chain concept proposes to categorize activities between:
- Primary Activities (inbound logistics, operations, outbound logistics, marketing & sales, services)
- Support Activities (procurement, technology development, human resource management, infrastructure)
A new concept: the Value Star
The Bm2 proposes a new approach to describe business in terms of value mangement: the Value Star.
The Value Star considers the 3 overall "Super-Processes" of a business, containing and/or sharing processes and activities.
- The Market Super-Process: Value Generation and Delivery (VG&D)
The Market Super-Process aims at generating and delivering value to the market. Its output is the Target Value.
- The Capture Super-Process: Value Contracting and Capture (VC&C)
The Capture Super-Process aims at contracting with external actors to capture value through transactions. Its output is the Captured Value.
- The Industry Super-Process: Value Integration and Maintenance (VI&M)
The Industry Super-Process aims at integrating and maintaining the valuable resources for the organization. Its output is the Integrated Value.
Contrary to the Value Chain, the Value Star does not categorize activities but processes, in which activities are included in a non-exclusive way (a same activity can belong to two different processes).
NEXT > Processes and Transactions
;){kind=link}