Business Improvement Plan

Business Improvement Plan-32
Analyze your business process at a high level and identify what needs changing.You can uncover areas ripe for improvement by conducting a process audit to discover where issues and risks lurk.Organizations are continually looking for leadership that can control the mechanics of a redesign project as well as align them with an overall business strategy.

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As early as 1776, economist Adam Smith described it in a famous example of a pin factory, which explained the productive power of business process and labor division.

In the early 20th century, American engineer Frederick Winslow Taylor offered methods to improve business processes in industry.

Even those not involved on the process improvement team need to be informed of the plan and the intended results.

The more clearly and thorough employees can be informed of process improvement goals and activities, and the role they can play in impacting those activities, the greater the likelihood of success for the organization. Her work has been published in "Entrepreneur," "Complete Woman" and "Toastmaster," among many other trade and professional publications.

Let’s look at business process improvement (BPI), define it, explore strategies and then note the business and project management tools that can help implement and analyze progress in your company.

Before we can improve business process, we must first understand it.

Business process is simply a series of tasks that you and your team perform repeatedly to create a product or service for your stakeholder, sponsor or customer.

Business process can be modeled as a flowchart, which details the tasks necessary to serve that business goal.

Effective process improvement plans take an outside/inside perspective, with a clear focus on specific customer needs. For instance, the sales department might be an internal customer of the marketing department.

Process plans need to consider the attributes of a process that are most valued by end-user customers and then take steps to increase that value.

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