We all know change can be a disruptive process, but to stay competitive in our rapidly changing business environment, being agile and considering change is a necessity. When analysing a process, a common response to why a process functions in a particular manner is “we have always done it that way.” As our business environment evolves, our processes need to evolve as well.
An analysis of a process can identify legacy procedures that are redundant, inefficient or no longer necessary. Objectivity is the key to a successful analysis as being divorced from the process facilitates unbiased findings. The total process, regardless of how small or immaterial a particular part may seem, needs to be examined as the cost of redundancy and/or inefficiencies tends to be magnified as the process continues.
These inefficiencies cost time and time is typically the most expensive assets an organisation manages. Reengineering a process to save even a small amount of time means real and immediate savings in the form of productivity. The gains from these new efficiencies, when implemented across a department or set of procedures, allow a business to redirect their resources more effectively resulting in improved KPIs and increased profits.
If this resonates with you, contact SPH Business Consulting to discuss how we can help streamline your business and bring more to your bottom line.