Process optimisation for SME business efficiency
- John Bickell
- Feb 16, 2024
- 2 min read
Process optimisation for SME business efficiency is a crucial aspect of ensuring the smooth and effective functioning of any organisation.
According to John Bickell (our Founder), the first step in assessing business processes is to determine the practicality of focusing on process optimisation at the present moment. If there are immediate issues such as financial discrepancies or lack of teamwork, troubleshooting takes precedence. However, once the organisation is ready to address business processes, John suggests asking key questions to evaluate the current state of affairs.
To find out how efficient your business is take our quick Efficiency Assessment and get tangible advice you can implement.
Do you have the right documentation?
One of the initial queries is whether the company has any process documentation. This documentation serves as a foundation for understanding and improving existing processes. Additionally, John inquires about reports that showcase the performance of these processes, such as key performance indicators (KPIs) or management reports. These reports provide valuable insights into the effectiveness and efficiency of the processes.
Furthermore, John emphasises the importance of continuously optimising business processes, even in the face of growth or new product launches. He highlights the need to ensure that processes are adaptable and can accommodate changes and expansions within the organisation. This requires a process maturity model, which includes elements such a:
Having processes documented
Following processes consistently
Measuring their performance
Continuously improving them
By following this process maturity model, organisations can drive up efficiency and achieve sustainable growth. This approach ensures that processes are not only well-defined but also effectively implemented and monitored. It enables organisations to identify areas for improvement and make necessary adjustments to enhance efficiency.
Client stories
John (in the video above) also provides examples of successful process optimisation projects he has undertaken. In one case, he worked with a large insurance company that had 12 different purchasing processes. By streamlining and consolidating these processes, they were able to save significant time, effort, and resources. This example highlights the importance of eliminating redundancies and simplifying processes to enhance efficiency.
In another example, John worked with a client who had experienced rapid expansion without a structured business approach. This lack of structure resulted in inefficiencies and difficulties in managing contracts. By implementing proper processes and structures, the client was able to improve contract management and prepare for further expansion.
Summary
Overall, process optimisation for SME business efficiency is a vital aspect of organisational success. It involves assessing current processes, identifying areas for improvement, and implementing changes to enhance efficiency. By following a process maturity model and continuously optimizing processes, organizations can achieve sustainable growth and maximize their potential. John Bickell's insights and examples provide valuable guidance for organisations seeking to improve their business processes and drive efficiency.
To find out how efficient your business is take our quick Efficiency Assessment and get tangible advice you can implement.
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