Monday, June 4, 2012

Gain Competitive Edge With Business Process Mapping

Business process mapping (BPM) defines each business process in simple steps from start to finish. Since its introduction in 1921, process mapping has evolved to become multi-dimensional, assisting organizations to achieve various business goals such as regulatory compliance, process re-engineering, simulation and activity analysis. Moreover, ISO 9001 requires an organization to follow a process approach for business management; process mapping works well to comply with these requirements.

Ideally every process in an organization should be mapped to deliver better results and enhance team ownership. To be specific, there are mainly three types of business processes that must be mapped for clear understanding and effective communication throughout the business:

Human Resource Software

Management processes -the processes that govern the operation of a system such as "Corporate Governance" and "Strategic Management" Operational processes - the processes that constitute the core business such as purchasing, manufacturing, marketing and sales Supporting processes - the processes that support the core processes; typical support processes include accounting, recruitment and technical support

Why is Business Process Mapping Good for Your Business?

BPM allows every business to structure its components and align its actions to achieve a common organization goal. No matter which department/organization you are from, process mapping can be used for your own purpose and can be customized to fit your business needs. Some of the departments of an organization that can actively use process mapping to achieve effective business results, reduce costs and risks are Human Resources, Finance, Legal, Sales & Marketing, IT, Accounts, Quality Assurance, Customer Care, Operations, Manufacturing, Product Development and Research. Each of these departments can use a process mapping software to understand their processes clearly and communicate effectively with managers and teams.

Let us take an example of how an operations department of a medical device manufacturer can use process maps to save costs and gain competitive edge.

You are a VP of Operations for a medical device manufacturer...

Your business critical issue is that it takes twice as long and costs you roughly twice as much to fulfil orders as your competitors. Each of your three sales channels - phone, mail and e-commerce is faced with costly bottlenecks. The average order processing time for all three channels is 6 hours at a cost of 0 per order. Customer loyalty and turnaround time have become critical issues as unsatisfied customers begin to take their business elsewhere.

Solution:

Assign a team to develop streamlined, profitable processes for all three channels Share their model with every stakeholder to win buy-in Drive implementation through easy-to-share process maps

Benefits of Business Process Mapping Tools

BPM allows key stakeholders to identify critical steps of the process right at the start saving you time and increasing efficiency. Here are a few of the benefits of deploying a business process mapping tool in your organization:

Discover the best processes to drive growth throughout the organization- Mapping your processes will give you a clear understanding of each step and how they inter-relate. Imagine having the power to make decisions by analyzing and simulating their impact first. Process mapping tools allow you to try "what-if" scenarios so that you get a true bottom line view and select the optimal processes for your organization. Get the bigger picture- Flowcharts are designed to allow a greater visibility of the critical company information in form of process flow diagrams and charts. This will assist the key stakeholders to make the right decision at the right time. Proper resource allocation- When you know what resources are required to achieve the optimum results at the end of each process, you can allocate sufficient resources at the planning stage, saving you any deficits or over budget situations. Build confidence in the project management team- Process mapping gives you a comprehensive picture of every element involved in a process and allows you to account for influencing factors right at the beginning leaving no room for any last minute surprises. You can quickly identify the key concern areas of a project and deal with it proactively. Gain buy-in and drive change by sharing results- Effective communication is the key to gaining buy-in for a new project / plan in an organization. Are you trying to persuade your team to adopt a new SOP? Using a process map will make the process change effortless as it will enable everyone to view, understand and support the change process. As you effectively communicate change, you encourage feedback for continuous improvement. Ensure regulatory compliance- ISO 9001 requires every business to follow a systematic approach for a process. Regulatory compliance can be made easy through process maps as it allows you to manage, visualize and analyze the current processes to achieve compliance throughout the organization.

Gain Competitive Edge With Business Process Mapping

Saturday, June 2, 2012

High Unemployment Makes Job Applicant Tracking a Priority

The United States Bureau of Labor Statistics recently revealed a slight increase in unemployment to just over 9%. The Congressional Budget Office is claiming that, according to their predictions, it's likely to remain at that level at least through the end of 2011. The previous low of 8.8% in March, the best since April 2009, is not likely to be seen again this year. At the beginning of May 2011, there are currently 13.7 million workers unemployed in the United States, and 5.8 million of them have been out of work for more than 27 weeks.

The good news is that there has actually been job growth in the private sector this year. In April alone, 268,000 jobs were added in retail, health care, business services, leisure and hospitality, manufacturing and mining. The increase in unemployment came as a result of state and local government job cuts. Most business analysts see this as a good sign. The streamlining of government and addition of private sector jobs will eventually lead to a much healthier economy. They are cautioning business owners though to make sure that job applicant tracking systems are in place for recruiting and hiring efforts.

Human Resource Software

An applicant tracking database is designed to keep track of all candidates that apply for a certain position. Advanced versions of this type of software can keep scanned copies of resumes, list job references, and bring up a history of any single applicant and how many times they've applied. It can also show changes or discrepancies in candidate information. Unfortunately, when unemployment is high and jobs are scarce, candidates may elaborate on their experience or fabricate references. Human resource managers can only do so much. Having a top-of-the-line job applicant tracking system will help them make better decisions.

Another upside to going out and buying the best job applicant tracking software you can find is the search features available in their databases. If you run a large national or multinational company and are getting thousands of applicants a week, how do you keep track of them all? Tracking software allows you to index resumes and job skills when you receive them and then search for them when you need them. With high unemployment, the pools of potential candidates will be larger, so you'll need some way to keep track of them all.

How many people are in your human resource department? How many man hours are spent on the recruiting and hiring process for a single candidate? These are the tough questions that are being asked by small business owners and corporate presidents across the country. High unemployment is an indicator that we're not out of the woods yet from the most recent recession. Business analysts and financial experts suggest that the path to higher profit margins can be found in increased efficiency levels. Job applicant tracking software makes a company more efficient. That is its intended function and that's why it's such an important tool to have when running a business during this economic downturn.

High Unemployment Makes Job Applicant Tracking a Priority