The benefits of business process management
There are many benefits to managing your business processes. The benefits may differ from company to company, but they are very real.
The University of San Francisco posted a blog that identifies some important benefits:
- Increased accountability
- Improved reliability
- Simplify regulatory compliance
- Avoid waste
- Promote safe working conditions
- Protect company resources/information.
These benefits will decrease costs and should increase revenues. Your expected outcome – increased profits.
If improving your processes leads to increased profits, then continuous process improvement just makes sense
The simplest way to address continuous process improvement is to have a process for improving your processes.
You could address a change to a process the same way you address a change to a product or service – through a change request. Obviously, this change request will follow a different path to implementation. Interestingly, medical manufacturers attempting to be FDA compliant are actually required to have a process improvement process.
Contact me if you would like some help with your process improvement process…