Process Optimization: How to rescue Competitiveness?
In order to withstand increasing competitive pressure and the internationalization of the markets, it is necessary to optimize and further develop one’s own business processes. But what screws do companies have to turn in the future to successfully implement growth strategies? And how can that succeed?
Process Optimization – an unpleasant Work?
Companies always strive to stand out from the competition and gain a competitive edge over the long term. At the same time, great care should be taken to continuously optimize corporate structures and processes that have grown over the years in order to adapt to constantly changing market requirements. Although poorly organized processes usually remain untouched in economically strong phases, they are very important in weak phases. For this reason, it is essential to optimize processes. Some companies see process optimization as unnecessary or unpleasant criminal work.
However, a study of the consulting firm “Prego Services” with over 60 participants from the top management shows that process optimization and the implementation of IT security structures are currently the top topics in digitization
Challenges of Process Optimization
In process optimization, both flexibility and speed, as well as consistent alignment with customer requirements and business goals are the sticking point on the way to success. Only then can companies gain the actual competitive advantage. Ultimately, process optimization is all about making business processes more efficient by improving process quality and shortening process times, thereby reducing process costs.
Optimize non-productive processes
In every business, there are processes that should be scrutinized because they hinder productive workflows.
A practical example:
A research organization gives the results of their research as prototypes to other sites and potential customers. However, there is no overview of the more than 5,000 objects, where they are currently located and when they will come back. Various project requests from potential customers can only be processed after extensive research, many objects can not be located at all. How do you manage to optimize this process as quickly as possible?
By introducing an object management application that provides central overview to each employee, which objects are available, where they are, and when they are available. Many now shy away from the cost and duration of such optimization. But with the help of modern tools, the introduction of software for process support now succeeds in half the time and thus with a much faster return on investment.
Flexibility and speed in Process Optimization
With new tools, so-called low-code platforms such as “Business App,” process optimizations can be implemented easily and quickly, in order to achieve individual improvement in business processes and to meet market requirements in the long term. Within a few hours and without any programming knowledge, business processes based on ready-to-use blocks can be mapped and modified in a software without having to write any code (= low-code principle). A first prototype can be tested so quickly in practice and flexibly adapted to individual requirements. Thus, process optimization develops from the unpleasant work to the company engine. More information on modern Process Optimization