Processes are a part of every company’s operations. How well an organization implements and executes these processes affects the company’s effectiveness. An organization that optimizes its processes using suitable methodologies will spend way less time and money on specific business processes than one that gets into doing stuff without optimizing. Process improvement is about identifying an area of the organization where existing business processes are lacking in some capacity. Once the problem area is identified, then it’s about implementing changes that optimize the existing processes to meet or exceed the required standards.
Process improvement is so important to business success that a number of methodologies have developed over time to address this key concept. Below are some business process improvement methodologies that you can use to improve the efficiency of your business.
Business Process Improvement Methodologies:
- Model-Based Integrated Process Improvement Methodology (MIPI)
- LEAN Methodology
- Super Methodology
- Benchmarking Methodology
- PDCA (Plan-Do-Check-Act) Methodology
- Six-Sigma Methodology
- Kaizen Methodology
- Total Quality Management (TQM)
Steps for Business Process Improvement:
- Map the Processes
- Analyze the Process
- Redesign the Process
- Acquire Resources
- Implement and Communicate Change
- Review the Process
Implementing process improvement techniques is not a quick and simple practice. Moreover, it’s a continuous process that requires decisive action. Process improvement should be conducted regularly as a part of a business strategy.
Find out more about how to implement business process improvement in our full article.