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The Pareto Chart is a powerful tool that maintains the quality of services and products. Decision making is steered in the right direction, meaning efforts are streamlined to maximize output quality. When implemented properly, Pareto analysis – via the Pareto chart – will identify major pitfalls in any business process in order to improve quality. […]
“Processes underpin business capabilities, and capabilities underpin strategy execution” – Pearl Zhu, Digital Capability: Building Lego Like Capability Into Business Competency Our world is changing ever more rapidly. Technological innovations, policy shifts, and the demand for greener operations mean businesses have to be vigilant, adaptable and evolve in response to the constant of change. In […]
“SOPs also provide a certain kind of insurance. With systematized operations in place, a company won’t unduly rely on any single person for institutional knowledge or company advancement; it’ll all be codified within the SOP” Dean Scaduto, The Lowdown on Standard Operating Procedures Standard operating procedures (SOPs) in business create consistency, guarantee quality, remove ambiguity […]
Poorly managed processes have caused disastrous and costly errors. For instance, a measurement mix-up between metric and imperial units by NASA caused the disintegration of one of their satellites. This cost the air and space agency $125 million in damages. Business process management (BPM) is the management and control of business operations to prevent costly […]
The global workflow management system market was valued at $4.8 billion in 2018. This figure is anticipated to rise with a compound annual growth rate (CAGR) of 27.7% from 2019 to 2025. One reason for this tremendous growth is the digital transformation of businesses globally. This transformation is called industry 4.0. The workflow management systems […]
Don’t lose money due to poorly managed business workflows. Read this post to learn about the humble workflow diagram today!
The International Labour Organization estimates there are 340 million occupational accidents and 160 million victims of work-related illnesses every year, globally. Major workplace accidents and incidents are critical safety issues inherent to business operations. Even one small incident could lead to more serious risk pathways developing. That is why the U.S. Occupational Safety and Health […]
What would happen if you upheld every New Year’s resolution you’ve ever made? Every year we make ourselves promise to exercise more, eat healthier, learn a new instrument, and so on. If we always improved in these ways, our productivity would skyrocket while we lead healthier and immensely happier lives. Apply that logic to your […]
A simple swimlane diagram could stop your team from running around like headless chickens. Here’s why (and how to create your own diagrams).
In the Health and Safety Executive (HSE)‘s report titled “Health and safety at work: Summary statistics for Great Britain 2019”, 581,000 non-fatal injuries were logged. 138,000 of these were severe enough to put workers out of action for 7 days or more, and 147 workers died. Those figures are only rough estimates though, as almost […]