Final answer:
Focusing solely on reducing cycle times in a business process can negatively impact other important measures of process performance, such as inventory management, employee morale, customer satisfaction, and market analysis.
Step-by-step explanation:
Focusing exclusively on reducing cycle times in a business process can have negative impacts on other important measures of process performance, such as inventory management, employee morale, customer satisfaction, and market analysis. Let's take customer satisfaction as an example:
If a company solely focuses on reducing cycle times, they may rush through production processes and result in lower product quality. This can lead to dissatisfied customers, negative reviews, and potential loss of business. Therefore, it's essential to consider multiple measures of process performance to ensure overall success and customer satisfaction.