How does improving your processes create a competitive advantage for your business? If your processes are continually becoming more and more efficient (consuming less and less resources to complete), then your costs will continue to decrease and your profit margins will continue to improve. You are then better positioned to re-evaluate your pricing and offer more competitive rates on your product or service. Matt Rebeiro - Challenge the Status Quo #bpi #BusinessProcessImprovement #process #lss #LeanSixSigma

In my experience, vision is best described as asking three questions; Who are we? Where are we going? How do we get there. Who are we exposes our current state and current challenges. Where are we going is that future version of us if we were to become what we envision. How we get there is exposed once we know the other two items, as well as our unique skills that differentiate us from other businesses.

When everyone is doing incremental improvements there is very little differentiation or competitive advantage. Years ago the concept of Lateral Thinking was popular, but it had some mind opening ideas. Train your people to think about problems and solutions outside of the norm. Challenge them to apply solutions in one area to problems in another. Innovation in performance improvement is how you make the leap necessary to differentiate yourself and create competitive advantage. Innovation doesn't just happen there are a lot of components that must come together to make that an effective part of any organization. Stan Broesder, MBA Leadership Mapping Crafting high-impact business strategies

By integrating business process improvement into your organizational culture and strategy, you can create a more efficient and effective operation. This, in turn, can lead to a significant competitive advantage and differentiation in the market. Regularly reassess and refine your processes to stay ahead in the dynamic business landscape.

Improving business processes means upgrading how your company operates to be more efficient and better than competitors. For instance, finding faster, error-free methods or customer-preferred approaches can set you apart. It's like giving your company an upgrade, attracting more customers than rivals.

Understanding your current processes is the foundation of any successful business improvement initiative. 🌟 Tools like process mapping and SWOT analysis not only highlight inefficiencies but also uncover hidden opportunities for innovation. Prioritizing projects based on impact, urgency, and feasibility ensures that you focus your resources where they will drive the most value. 🚀 Remember, continuous assessment and feedback loops are key to maintaining a competitive edge and fostering a culture of ongoing improvement. 📈

In diving into the process of assessing our current state and identifying gaps, it's crucial to remember that this needs to be seen as more than just a diagnostic exercise. This is an opportunity to redefine the business landscape. While tools like process mapping and SWOT analysis are important, the real impact lies in how we interpret and act on this data. For instance, when we uncover inefficiencies, we have to ask why it exists and how it can be turned into a unique strength or a new service offering. Similarly, when we prioritize projects, we should think about how these improvements can uniquely position us in the market. The shift from mere improvement to strategic differentiation can be what sets ourselves apart.

Your gap analysis tools will vary based on your desired outcome. Map your values streams and processes to understand your business and improve efficiency. Use six sigma to eliminate faulty output. Root cause analysis if you have specific problems. Swot if you want to compare your company or product with the market

After designing the ideal future state I walk my clients through testing their solution ideas using the Plan-Do-Study-Act (PDSA) method. To know if a solution idea is viable and will lending to one's ideal future state you must test the ideas under different circumstances and conditions. Test on the busiest day and test on the slowest day, test with your best staff member and test with one who needs some improvement. For company's whose operations are 24/7 I always recommend testing the solution ideas during the week day and on a weekend. Testing under different circumstances and conditions provides you with the insights necessary to make a sound decision on whether the idea should be adapted, aborted, or adopted.

A continuous improvement process (CIP) in Business Process Improvement (BPI) involves ongoing efforts to enhance operational efficiency and effectiveness. It begins with process mapping to identify bottlenecks and inefficiencies. Regularly collect feedback from stakeholders and use data analytics to pinpoint areas for improvement. Implement changes incrementally, fostering a culture of innovation and adaptability. Encourage cross-functional collaboration to garner diverse perspectives. Regularly reassess and adjust strategies based on evolving business needs and external factors. An iterative approach ensures sustained enhancements in BPI, promoting agility and optimizing organizational performance.

Define if you want big advances (strategic) in a slower rate or small improvements (Lean example) in a faster rate. The key to effective implementation is evaluation and to focus on continous work

You should also consider the ways in which your ERP software can contribute to your business processes. As an SAP cloud ERP partner, we know that best practice businesses processes are built in to the software. These process flows help move transactional data seamlessly throughout the organization in order to maximize efficiency.

Clarify your goals and Evaluate them. Scope creep is hard to manage and you want to keep maling decisions fast. Be aware that perfect processes require many ressources to maintain. Accept failure and implement 80 percent done solutions and improve them afterwards