Sometimes businesses get so caught up in the day-to-day activities of running their operations, they neglect to take a step back on a periodic basis to determine if they are conducting all their business processes in the most efficient way possible.
Over time, inefficiencies in task performance and processes tend to creep in.
In addition, although there might very well be new technologies available to help employees become more efficient, those in management simply don’t have the time to research new products and/or services so they miss out on opportunities that could make a real difference in productivity levels.
So how does a company begin to get a handle on where their processes could perform better?
Companies who want to maximize their success need to commit to periodic reviews of their operations, no matter how long they have been in business.
There is no set period of time that will work for every type of organization.
One company might find an analysis every three years is just right, whereas another company might want a review both before and after their busy season to determine strategies beforehand, then after to see where they could have performed better.
The next question is where can companies look for information that will help them improve performance?
Often employees are the first ones to see inefficient processes because they work with them every day.
More than a few companies could benefit from simply asking their employees either anonymously through a suggestion box or through direct meetings with their staff to discover bottlenecks and wastefulness.
To provide incentive and help employees feel as if their input is valued and appreciated, some organizations might want to consider offering a small financial reward to the individual with the best cost-saving idea.
Another source of information to help determine where your business could improve its performance is your accounting service.
Often those who work with all your financial data are best able to see what areas of your organization are within normal cost parameters and other areas that need tweaking.
They know about products and/or services that have helped their other clients improve performance and can make recommendations for your business as well.
For more information on how to conduct an analysis of your business to improve employee performance, please contact us.