Maturity models define five levels of increasing maturity. Discuss the main differences between Level 4 (Predictable Organizations) and Level 5 (Optimizing Organizations).

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
100%

Maturity models define five levels of increasing maturity. Discuss the main differences between Level 4 (Predictable Organizations) and Level 5 (Optimizing Organizations).

7. Business Process Maturity Model - Cont.
Level 5
Change
Innovating management
Level 4
Capability
Predictable management
Business line
Level 3
Standardized management
Level 2
Work unit
Managed management
Level 1 Inconsistent
Initial
management
Repeatable
practices
Figure 10.3: Levels of process maturity.
Standardized
best practices
Continuously
improving
practices
Quantitativel
y
managed
practices
Transcribed Image Text:7. Business Process Maturity Model - Cont. Level 5 Change Innovating management Level 4 Capability Predictable management Business line Level 3 Standardized management Level 2 Work unit Managed management Level 1 Inconsistent Initial management Repeatable practices Figure 10.3: Levels of process maturity. Standardized best practices Continuously improving practices Quantitativel y managed practices
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON