An efficient, effective workflow is the key to your business’s success. Well-established workflow processes help folks communicate, reduce the risk of expensive oversights, and ensure that your entire team follows the same procedures.
Tech-driven workflow automation programs can save you time and money. Gartner estimates that automating your workflow could boost your profits by 3%, while Formstack surveys find that 51% of workers spend at least two hours per day on repetitive tasks.
About 61% of firms that do invest in workflow tech typically see a positive return on investment within six months. This results in an average annual saving of $46,000 due to lower operational costs and higher productivity.
Clearly, you can’t afford to overlook the powerful potential of process improvement and technology integration in business workflow. Taking a proactive approach to improving your workflow can give you a step up on the competition, empower your employees, and minimize your costs.
Common Workflow Techniques
Effective workflow management can propel your business to new levels of productivity. However, finding the right workflow management technique for your firm can be tricky. There are multiple flows to optimize, including:
- Process Workflow
- Case Workflow
- Project Workflow
Process-oriented workflows are best suited to tasks that are predictable and repetitive. Your employees already know what they have to do, and will benefit greatly from workflow automation.
Case workflows are far more nuanced. There isn’t a clear path from A to B, and your team will need to think creatively to complete the task. Case workflow tools can make that process much easier by correctly tagging the projects as they progress so folks can stay up to date with their coworkers’ progress.
Project-based workflow tools combine the strengths of process-oriented workflow and case workflow. You’ll be able to view and progress predictable tasks while giving your team room to experiment with creative tasks.
Choosing the right workflow optimization for your team is an important step toward higher productivity and profitability. However, you’ll still need to embrace an ethos of process improvement if you want to make the most of your chosen workflow method.
Process Improvement
Process improvement is an approach to business management that foregrounds the importance of incremental gains. Continuous improvement can refine your workflow management and help build engagement among employees. Over time, this will increase your productivity and bolster your bottom line.
Get the ball rolling by sharing your goals with your entire team. Employees need to understand the metrics that you use to measure success, as this will bolster buy-in and help folks take the initiative at work. Double down by encouraging staff to tweak their current workflow methods and give them permission to make mistakes. This will encourage a culture of continuous improvement and help your business discover new ways to work.
Give staff members time to share their insights across departments. Breaking down the silos in your business can significantly improve company-wide productivity and improve knowledge sharing. However, many employees are too busy to stop and chat with someone in a different department. Schedule knowledge sharing into your monthly calendar and give employees time to discuss potential improvements to the current business workflow.
The Benefits of Tech-Based Workflows
The best modern workflow management tools are digital programs that integrate perfectly into your existing tech stack. There are dozens of potential programs for you to choose from, all of which promise to improve your productivity and improve collaboration at your firm. Other benefits of high-tech workflow tools include:
- Improved Coordination: Tools like Slack and Teams allow you to work together in real time. This is critical if employees need to stay up to date with projects throughout the day.
- Data Analysis: Workflow tools that integrate with your current tech stack can provide vital data to your firm. This helps managers make better-informed decisions and can heighten operational efficiency.
- Future Projections: Workflow tools that incorporate data analysis can help you predict things like lead time and identify potential bottlenecks before they cause a drop in productivity. This is critical if you work in a production-based industry like construction or textiles.
- Simplified Document Management: No one wants to spend their workday digging through saved documents. Instead, upload all of your important files to a single workflow management platform for improved document management.
Incorporating a tech-based workflow tool can reduce the risk of human error and increase agility at your firm. Assess your business’s needs and goals as you’re looking for ways that machine learning can benefit processes. Automated programs will take care of the heavy lifting and let folks focus on the tasks that actually add value to your business. This means employees spend less of their time tagging projects or emailing invoice receipts, and more time working on creative solutions to complex problems.
Avoiding Common Mistakes
Process improvements and technology integration can streamline your business’s workflow management. However, a recent McKinsey survey found that 70% of all large-scale process improvements fail. This is a serious issue, as you can’t afford to spin your wheels while searching for a workflow method that works.
You can reduce the risk of failure by understanding the four pitfalls that undermine process improvement initiatives:
- Overcomplication: Employees are less inclined to embrace initiatives that are complex and confusing. Before rolling out a new process improvement, spend significant time simplifying instructions and removing any elements that may cause uncertainty.
- Lack of Ownership: Setting reasonable, target-based expectations for your team will increase accountability and encourage folks to take ownership. Even implied ownership can be powerful and help you reach new standards for productivity.
- Failure to Adjust: Rigidity is the enemy of process improvement. Instead of forcing your plan to work, adopt an agile and curious mindset. This will help you address bottlenecks and inefficiencies in your workflow management plan.
- Poor Communication: Employees need to know why you are changing your workflow method and how the new system will benefit them. This will help folks prepare for the change and improve buy-in.
Addressing these common mistakes can help you build a culture of process improvement and will increase uptake with new technology. Remember to reassess your new initiative on a semi-regular basis, and encourage folks from all corners of your company to contribute their insights.
Conclusion
Process optimization significantly improves your business’s workflow by engaging employees, addressing inefficiencies, and encouraging a culture of experimentation at work. Even small adjustments, like changing the way you tag ongoing projects, can have a profound impact on productivity. When searching for new gains, be sure to explore tech that integrates with your current workflow. This will improve uptake, strengthen data analysis, and help folks get up to speed quickly.
BusinessTips.ph is an online Business Ezine that provides free and useful articles, guide, news, tips, stories and inspirations on business, finance, entrepreneurship, management and leadership, online and offline marketing, law and taxation, and personal and professional development to Filipinos and all the business owners, entrepreneurs, managers, marketers, leaders, teachers and business students around the world.
Leave a Reply