Posts Tagged ‘process improvement’
How to build process compliance
Achieving process compliance is essential for smooth business operation, as well as to meet legal obligations. We examine what a good plan should contain, and show how a financial services organisation improved its compliance. Governance, risk and compliance (GRC) is about instilling and following good business practices GRC is increasingly important to the way…
Read MoreBetter out than in: why remove business processes?
Which of your processes aren’t adding value? Identifying and removing these is a vital part of change management. We take a quick look at the role of operating models in streamlining processes. And share an example of a business that improved its process alignment. Removing pointless processes is a key part of transformation “It’s…
Read MoreHow process simulation can help you achieve cost savings
In our latest LinkedIn poll, 17% of respondents said achieving cost savings was their top process improvement problem. Using process simulation is one way of dealing with the challenge. Cost management must be an ongoing activity Every business wants to reduce costs, waste and inefficiencies, particularly with the potential of recession in the UK.…
Read MoreSeven steps to continuous improvement
In our recent LinkedIn poll, 83% of respondents said driving continuous improvement was their top process challenge. We look at how you can tackle the problem, and share an example of a successful transformation. Continuous improvement helps drive growth, innovation and versatility It’s a practice that, as the name suggests, involves ongoing evaluation and revision…
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