Process improvement
Process Visualization in '24: 8 Use Cases & 13 Best Techniques
According to neuroscience studies, people tend to transmit information by 90 % more in a visual format, which is why they can follow directions in the visual format 323% better than text format.
Process Knowledge in '24: 3 Steps to Manage it Better
76% of business leaders consider information as their most critical asset. That is a reason behind increased interest in process knowledge (see Figure above). More executives are investing in process knowledge and intelligence efforts for managing and improving their processes. However, developing process knowledge management strategy is not easy.
Process Risk in '24: Case Studies & How to Mitigate it in 7 Steps
Processes may underperform, go over budget , or increase the lead-time because of process risks, such as malfunctioning equipment or human errors. Such process risks incur cost on the company and lower customer satisfaction, harming a business’ reputation and finances in the process.
3 Steps to Identify Your Happy Paths with Process Mining in '24
As business leaders and analysts are already aware, efficient and effective management of business processes can reduce costs, save time and improve customer experience to the extent that it can even prevent disastrous scenarios like Chernobyl.
Process Mining BPM in '24: Explore 3 Easy Tips to Combine
Business process management, BPM, increases effective process management by aligning business processes according to the company strategy and goals. Some BPM benefits include: Process management can be automated with Business Process Management (BPM) Software or a process intelligence tool, such as process mining.
3 Reasons to Apply Process Analysis in Your Business in '24
Business leaders engage in process improvement and automation projects so that they can improve their performance and customer satisfaction. However, analysts and leaders should comprehend their processes as they are before implementing any change. Yet, the first step is often a big challenge for the companies with complex processes.
What is Process Mapping & its 7 Best Practices in 2024?
Process mapping techniques help business leaders leverage to monitor, manage and improve their processes. However, the ways analysts and leaders map their processes can differ based on the aspects they want to capture or the process technology solutions they are planning to utilize.
12 Process KPIs to Monitor Process Performance in 2024
There is pressure to manage, improve and automate processes since efficient process management can improve productivity by 30-50%. However, improvement and automation strategies are rarely monitored because establishing realistic and Key Performance Indicators (KPIs) that measure process performance is time-consuming and error-prone.
5 Process Management Best Practices in 2024
Business process management (BPM) supports business strategy and guides analysts on investments, identifying opportunities for continuous process improvement. However, it is not always easy to generate a process management program that would bring a positive outcome to the business leaders and analysts.
5 Easy Process Documentation Benefits for Your Business in '24
Companies often find it difficult to register every single change they implement in their processes after a customer complaint or a serious issue. A lack of documentation in processes leads to higher costs, inefficient workflows and operational damage. By leveraging process documentation, organizations can operate smoothly and faster, reducing additional expenses and increasing efficiency.