Tips on Running a Business: Streamlining Business Processes

By NE Docs | March 2, 2015

Tips on Running a Business Streamlining Business Processes

If you run a business, then chances are you are familiar with the concept of “streamlining”. It would seem that the word itself has dug its way into corporate vernacular, taking its seat among other popular and often overused business phrases such as “synergize” and “innovative”.  Despite its seemingly banal nature, the concept of streamlining should be a major focus for all organizations – that is, if you want to reduce costs and improve efficiency.

Streamlining is defined as improving the efficiency of a process or business by implementing new technologies, eliminating redundant or unnecessary steps, modernizing process strategies, or simplifying process steps.  In short, streamlining makes your business run faster and more effectively.

As a business, you are performing hundreds, if not thousands of business processes each and every day. Every time you hold a meeting, produce a product, or provide customer service, you are implementing a set process.

In order to ensure that your business is running as efficiently as possible, it is imperative that you monitor and constantly improve any and all business processes. This is achieved by closely evaluating, analyzing, and actively improving processes based on experiences and insight gathered from employees within your organization.

In order to provide you some helpful tips on running a business and streamlining business processes, we have compiled a quick 6 step outline to guide your efforts in imple efficient procedures.

How to Streamline Business Processes:

Define a Process and a Goal: First you must define a specific business process and identify potential improvements. You should identify a very specific process, one that is repetitive in nature with a clearly defined beginning, middle, and end.

Breakdown the Process: Begin isolating each step in the process – the more finite you can get the better. Asking for feedback and process details from your employees is the best way to obtain a strong understanding of the process, and will help open the dialogue about improvement with the parties that will be most affected.

Identify Opportunities: Identify which steps of this process could be improved. You should be looking to improve speed and reduce costs at each step along the way. As you evaluate each process, it important to remember that your goal is improving the process – not your employees!

Find the Right Solutions: Once you have identified areas of improvement, it is time to look for a solution. This might involve purchasing new software, outsourcing certain procedures, or implementing an entirely new strategy.  Be sure to focus on the potential return on investment when evaluating solutions.

Implement: Begin implementing your improvements. Once you have identified issues in a process, and have identified the appropriate solution, it is time to implement. You should begin with the easy to achieve objectives, and slowly scale your effort to completion.

Start Again: Define another process and begin again! When it comes to streamlining business process, there is always room for improvement.

Want to start streamlining your business? Contact us today.

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