Part 7/9:
Begin by documenting the key inputs, processes, and outputs in your business. This could manifest as a flowchart, capturing all essential components of your operations.
Step 2: Identify Bottlenecks
Using the mapped systems, scrutinize for underperforming elements. Establish Key Performance Indicators (KPIs) for each component—those not meeting standards represent your bottlenecks. By prioritizing these areas for improvement, you can create substantial organizational leverage.
Step 3: Test Incremental Changes
Once bottlenecks are identified, make small, strategic adjustments, measuring the resultant outcomes. Track these changes to observe if they yield desired results—iterative improvements often lead to significant advancements in efficiency and effectiveness.