Let’s talk about processes. Implementing processes within a business may seem like a hindrance to efficiency and innovation, and may not make for the most exciting topic of conversation, but getting it right is actually critical to enabling business growth and simplifying complexity.

We’ve spent over a decade helping business owners significantly grow and improve their operations. Every partnership begins with a ‘Discovery Phase’: a comprehensive evaluation of their operational strategy, processes, and structure to uncover any opportunities or pain points. More often than not, we find that problems impeding a business’s performance are process problems.

In the age of digital transformation and disruption, various operational issues can plague an organisation, from siloed teams and departments to poor management system integration. The longer these exist, the more negative impact they generate, and the harder they become to undo. According to IDC Research, inefficient processes can cause companies to lose up to 30% of their annual revenue.¹

At Transfirm, we think of all problems as process problems – until proven otherwise. The opportunity for process improvement alleviates some of the difficulties that can arise from laying the blame on other factors, such as people or structure. Above all, it helps unite your team in finding a resolution that ultimately benefits everyone involved.

With improved processes, business owners and leaders can seek sustainable performance growth, by reaping the benefits of more efficient workflows, increased productivity and decreased redundancy.

Reference

¹https://www.entrepreneur.com/article/286084