Business processes optimization
Business model of any company consists of a combination of separate business processes, and success of business on the whole depends on how efficient they are. In the organizations established according to the functional principle, employees are imposed responsibility for activities of subdivisions, but none of them shall be held responsible for quality and timely execution of processes as a whole.
Therefore, the most successful companies, as a rule, are those which business processes are well though-out and clearly defined (described), and methods of process implementation are efficient and reliable. All this shall also be supported by flexible and highly-motivated personnel, the use of modern information technologies and orientation at consumers’ needs.
Works on business processes optimization, in the first instance, include actions on creation of graphic and text models of the company’s business processes. In such models distribution of liability among the employees, as well as information flows, the course of the business process and the like, are shaped.
The next stage, business process optimization, helps the company reach enhancement of business’ efficiency through improvement of business processes. Various analytical methods can be applied for business process optimization, allowing to reduce decrease in the value and duration, number of errors within a business process and the like.
Simulation and optimization of business processes of an organization have the following advantages:
- Reduction in expenses and duration, number of errors in every analyzed process;
- Ensuring the company’s employees’ and management’s fully understand who, how, when and what shall do to achieve the set goals;
- Integration with the company’s strategy and key performance indicators (KPIs);
- Possibility to prepare for successful, thought-out and effective implementation of information technologies;
- Possibility to prepare for effective and justified organizational redesign;
- Increase of the company’s manageability ;
- Improvement of interaction between employees and subdivisions of the company;
- Approaching to certification under ISO: 9000 standards;
- Improvement of the company’s attractiveness for investors