Through the successful completion of over 70 process improvement projects we know that every company has business processes that can be improved. Today, the most popular way of doing this is through continuous process improvement, iteratively stripping out cost and waste as each process is reviewed. This leads directly to one or more of the following benefits:
Key to doing this successfully is to be able to capture process-related information quickly but efficiently, do high-quality but fast analysis on the data, and then ensure that the recommendations are practical so that they can be adopted by the organization with speed.
Typically processes in companies have evolved over time, adapting through years of organization changes. As time goes on, they become more and more entrenched. They are rarely annotated and, through various changes of personnel, they either become overly dependent on “experts”, or no one in the organization has a holistic view of the process any more. Many times, as long as the process works, it is allowed to carry on, continuing and even exacerbating the problem.
At Grant Thornton Management Consulting, two-thirds of our customers are repeat customers. That is because we take a different approach from traditional consultants at improving processes: