Posts Tagged ‘process improvement’
Overcoming Obstacles: Keys to Successful Transformation Projects
Introduction In an era where change is the only constant, businesses are perpetually in the midst of transformation. However, embarking on a transformation journey is no easy feat. Despite the best intentions and resources, a staggering number of these initiatives fall short. But why is this the case? According to McKinsey & Co, “The academic…
Read MoreProcess Mining in Process Management – Unveiling the Hidden Gems
In today’s fast-paced business landscape, organizations are constantly seeking innovative ways to enhance efficiency, optimize operations, and improve overall performance. This quest for operational excellence has led to the emergence of process mining—a powerful technique that promises to revolutionize the way businesses understand, analyze, and optimize their processes. What is Process Mining? At its core,…
Read MoreHarnessing Automation and Technology Integration for Operational Excellence: The Role of AI and RPA in Process Management
In the quest for operational excellence, organizations are increasingly turning to automation and technology integration. This shift is not just about keeping up with the technological advancements; it’s about redefining how businesses operate in an ever-evolving digital landscape. Central to this transformation are Artificial Intelligence (AI) and Robotic Process Automation (RPA), which have emerged as…
Read MoreOperational Excellence Unlocked: Embracing Continuous Improvement as Your Strategic Foundation
Continuous Improvement, often associated with the Japanese term “Kaizen” (meaning “change for better”), is a long-term approach to work that systematically seeks to achieve small, incremental changes in processes to improve efficiency and quality. Kaizen was developed in post-war Japan, heavily influenced by American business and quality-management teachers, and it became a fundamental part of…
Read MoreHow to create a business process improvement plan
Every process improvement project needs its own plan to boost the chances of a successful outcome. Make sure yours includes these four phases. If you need to improve a process, make a plan A process improvement plan is exactly what it says: an end-to-end strategy to make a process better. Each process should have its…
Read MoreYour quick guide to effective process improvement
What makes a process improvement project good? We examine six key stages to follow to ensure success. Process improvement is essential for all businesses Process improvement, quite simply, describes the practice of identifying, analysing and enhancing how a business carries out tasks. It’s a systematic, planned approach. There are many reasons to do it, from…
Read MoreFive critical process improvement goals to consider
Setting goals is a key part of your process improvement plan. We examine the five areas you must consider if you want to deliver the ultimate business transformation. Process improvement is core to every business Process improvement helps your organisation to achieve its aims better, faster and at less cost. It should be an ongoing…
Read MoreHow process transformation platforms support lean
Process improvement platforms are the perfect partner for the lean transformation process. We highlight the ways in which the systems complement lean tools and techniques. There are clear parallels between the two According to the Kanbanize agile project-management platform, a lean transformation roadmap has eight stages. In its drive to maximise value for an organisation,…
Read MoreHow to create an integrated approach to process mapping
Are you looking to create a complete solution to drive continuous insight into your processes? Here are the key ingredients for the optimal approach. And, take inspiration from a case study on how an organisation revolutionised its process management. Look for a platform with the capability to… Capture the as-is state efficiently and…
Read MoreStreamlining Your Workflow: Easy Steps to Initiate Process Optimization
Process transformation can seem daunting and it’s easy to postpone in favour of other priorities. Here, we examine a few fundamental steps to help you get started. Begin early to increase your chances of success Where does process optimisation sit on your to-do list? Possibly after several other tasks that are essential to the daily…
Read MoreBasic process transformation in three images
A picture is worth a thousand words, or so the saying goes. Here’s how to get started with transforming your business processes, in three simple images. 1 Understand your current state 2 Identify how you might change the process 3 Show what the future state might look like Images source: BusinessOptix Take control…
Read MoreNEAT recognises BusinessOptix
Our partner, BusinessOptix, has been recognised as a top-performing vendor in the NelsonHall Vendor Evaluation & Assessment Tool (NEAT) for process-understanding technology. NEAT assesses a wide range of capabilities This NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyses the performance of vendors offering process-understanding technology. The NEAT tool allows strategic sourcing managers to assess…
Read MoreHow 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 what…
Read MoreMaximizing Efficiency: How Process Simulation Drives Cost Reductions
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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