Here are examples of ways to capitalize on collaboration for business process improvement: #1...Successful collaboration across global silos applies to business process improvement as well
There is no secret about the reason for the healthcare sector to increase focus on content, records and process management
For those who watched the Lions play this past Sunday, what you heard and continue to hear was how the process of what once was considered to be a touchdown catch, was not finished
The Bad We never take the time to step back, especially with our most familiar processes. Just as the golfer, runner and tennis players have developed their strokes over the years we have developed ours with our most familiar processes and we implicitly view these processes as a given. There is danger in this, as our business world evolves, along with our processes. When a solution is needed for a very familiar process we are quick to construct a technical solution to deal with the issue, without ever stepping back and asking if the process itself is in need of adjustment
A better practice is to reward employees for achieving improvements to overall process, and those things that are repeatable and sustainable
Processes that are often ripe for improvement within a financial firm include processing of customer data, new accounts processes, compliance management processes and even human resources processes such as new employee on-boarding
This was one recent finding in the study, “ Shedding light on the dark data in your document capture processes
One of the best approaches to this is to develop a process map and document not only the flow but each step within the process and the content and information related to that step...Next, you begin analyzing the process and related content
Business Process Outsourcing has transformed how many organizations have leveraged economies of scale in second and third world countries to create cost savings opportunities for burdened processes
According to new research from McKinsey , the highest current priorities for IT include improving the effectiveness and efficiency of business processes and reducing IT costs. For IT executives, reducing costs ranked first, followed by improving the effectiveness of business processes. Third was increasing the effectiveness of those processes