Process improvement
Top 10 Technologies to Improve Operational Efficiency in 2024
The interest in operational efficiency has steadily been rising (Figure 1). That is because operational and process inefficiency can lead to: These negatives compel business leaders to look for ways to improve operational efficiency of their companies. In this article, we will look at 10 tools to improve operational efficiency within organizations.
6 Absolute BPM Benefits in '24
Some researchers claim that if the processes were carefully monitored and had managed to comply with standards and regulations, they could have prevented six human errors leading to at least 30 deaths, $68 billion in damages, and the baffling environmental harm in Chernobyl.
What are 5 Easy Steps of Process Management in '24?
Process management can assist business leaders and analysts to develop a new product or service, complete a process such as a product order, manage customer service, and educate a new employee.
What is Process Workflow & Top 4 Benefits & Case Studies in '24
“Process,” “workflow,” and “process workflow” are three concepts that are often used interchangeably, although they have different meanings. For an efficient process management and improvement, it’s important to distinguish one from the other. Therefore, this research explores what process workflow is, why businesses need it, and why they should consider using process intelligence tool (e.g.
3 Steps to Follow for a Successful Process Planning in '24
Process planning is the practice of preparing user instructions to select and transform an input into an output within an organization. With process planning, organizations can generate necessary processes that would help them allocate their resources efficiently to achieve their end-goal.
Business Process Design in '24: 7 Best Practices
Process design refers to creating a process or a workflow for an organization from scratch. Process design can help businesses increase efficiency and customer satisfaction by maximizing resources, reducing costs and fostering communication and collaboration. However, it is often a mystery to business leaders how they can actually achieve a successful process design.
Process Innovation in '24 & 3 Best Practices to Achieve it
84% of business leaders from different industries believe that process innovation is crucial for growth. The leaders invest in innovating their products and processes to reduce time and monetary waste, gain competitive advantage in the market and increase their market share. However, it is often not clear how process innovation differ from process improvement.
What is Process Intelligence & 5 Reasons Why It Matters in '24?
Process management, also known as process improvement, enables companies to enhance process performance and broadly increase the operational excellence across the board. Therefore, more decision makers are willing to adopt process management tools for process optimization. Yet, various vendors offer tools with different names, such as process intelligence software and process mining.
Pair Methodology with Technology for Process Improvement in '24
Process improvement analyzes business processes to detect errors and bottlenecks and implement changes to improve them. There are different approaches to enhance processes, either technology or methodology-based. The downside of having too many approaches is that it might confuse business leaders when deciding to implement a process improvement framework.
Process Mining vs Process Modeling in '24: 4 Best Practices
Businesses use process mining and process modeling to discover, measure and improve their processes. The Google Trend graph above shows how process mining has been replacing process modeling in Google Search since 2008. Business leaders and analysts, on the other hand, may not even be aware of how these two tools differ.