In the modern world, just to stay afloat, all kind of businesses MUST continually seek ways to enhance efficiency, reduce costs, and deliver greater value to customers. Business’ ability to adapt and improve itself becomes crucial for long-term success. Sounds excellent! But … How to implement this striking intention into practice? Where to begin? Which set of tools to use?
Good set of questions! Let’s start from basic matters: To think over the issues mentioned above you MUST have rhythmically working company which is still viable and profitable enough to be in the middle rank of similar companies. And you should have enough ambitions to make it bright, excellent, and transfer it to the upper rank.
Or, you are an experienced businessman which is going to start a originally NEW company from the scratch and design internal business processes in the best way possible (at the height of current knowledge), to avoid long and tedious transformation of the existing company.
In the first case I’ve got good news for you! A strategic methodology systematically analyzing and refining existing business processes was designed to achieve objectives of transformational approach. It is known as Business Process Optimization (BPO).
To learn how to reach the next level of excellence and perform BPO within your own business – click here.
To dive into murky waters of shock treatment with good chance of revival your company at the upper level of performance – learn about Business Process Re-engineering (BPR) – and – click here