Perfecting the Process of Process Improvement Five Tips to Help You Navigate the Path to Process Excellence ADDRESSING THE PROCESS-IMPROVEMENT IMPERATIVE Whether you’re trying to keep up with agile new competitors, looking to cut costs across your organization, or just needing to stay on top of increasing regulations, process improvement is your key to success. Lots of companies are jumping head first into new process-improvement projects, taking the low-hanging fruit and hoping they deliver the outcomes they’re looking for. But what many organizations fail to realize is that process improvement is a process in itself, and whatever you want to achieve, it’s probably the one process you should try to perfect first. Reaching true process excellence is a journey, and every step you take will teach you something new, but here are five key tips we think everyone should know before they get started. 1 MAINTAIN TOTAL VISIBILITY Visibility is critical at every stage of process improvement—from being able to understand what’s happening in your business and identify the very best opportunities for improvement, to measuring the results of your efforts when you’re done. Ensuring you have complete visibility over every moving part of your business and your process-improvement efforts is the first step toward process excellence. It helps keep everybody on task, enables you to stay on top of a huge number of simultaneous projects, and helps fuel continuous improvement through output and results monitoring. What you’re looking for is a single source of truth for all process-improvement project information—one place where any stakeholder can look to find out what’s going on, what needs to happen next, and what effects it’s having on the business. With total visibility of your complete process environment and process-improvement efforts, you can: • Keep track of every single project across disparate functions and departments • Give all stakeholders access to all of the information they need to ensure their efforts achieve the desired outcomes • Go beyond just picking the low-hanging fruit and really dig into the processes that you need to improve • Track the outcomes of your process-improvement efforts and monitor your progress toward process excellence 2 ASSESS AND SELECT THE BEST IDEAS ACROSS YOUR ENTERPRISE The concept of process improvement is so broad that one of the biggest challenges can often be simply deciding where you should start and what you should do. Everybody has their own opinions on which processes are in greatest need of improvement, and evaluating each and every idea is a critical step in moving toward process excellence. While C-level decision-makers have a good overview of what’s going on in the business and where broad changes are needed most, it’s those who are actually engaging with processes at the ground level who may have the best ideas and most practical input for improving them. Similarly, it might not even be internal stakeholders who have the best view of your processes. Suppliers, customers, and other external groups may have their own ideas for how your processes could be changed, and social platforms are making it easier than ever for them to share their input with you. If you want to achieve process excellence, you’re going to need to listen to everybody, and find a way to effectively evaluate their ideas and prioritize your improvement efforts in line with their input. 3 GET AND MAINTAIN EXECUTIVE BUY-IN A big part of any major new business strategy or change program is getting executive buy-in. If you want the C-suite on your side, you’re going to have to demonstrate your plans, your intentions, and the predicted benefits for the business in a way they clearly understand. When you submit your process change plans for executive consideration, you need to be able to show: • Why the process is worth improving, and why you’ve selected it for improvement • How you intend to improve it, and how much investment will be involved • What your desired outcomes are for the project • When you feasibly see the project being completed • The overall impact that your efforts will have on the business But securing senior executive support is just the beginning—you’re also going to need to keep it. That means making sure they can constantly see what you’re doing, and keeping track of process-improvement progress to ensure the project is proceeding as briefed. They’ll also be interested in tracking your progress toward process excellence. Finding a way to give senior executives visibility of your process-improvement project portfolio is critical if you want to keep them on your side and reassure them that every step you take is the right one for your business’s future. 4 ALIGN PROCESS CHANGE WITH BUSINESS STRATEGY Process improvement isn’t solely about making big changes; it’s also about making lots of small and necessary ones. Because of that, it’s often easy to lose sight of where each individual improvement fits into the big picture. If you want your efforts to be successful, you’ve got to align every project with your business’s strategic goals. You can spend hundreds of hours improving internal efficiency, but if your biggest success factor is delivering stronger, more satisfying customer experiences, your efforts may miss the mark no matter how well they’re executed. Business strategy needs to be top of mind right from the beginning of your journey to process excellence. You should think about every proposed improvement in terms of how it will help you achieve your strategic goals. Once you’re confident that the projects you’re moving forward with can help you achieve those goals, the next step is keeping a close eye on them to ensure they deliver the intended outcomes. Even if you start out with the best intentions, process-improvement projects with lots of moving parts can quickly go off plan if your people don’t have the tools required to manage them properly. 5 SELECT THE RIGHT TOOLS FOR THE JOB To help achieve all of these goals, you’re going to need the right technology behind you. To achieve process excellence, you need a platform that can help you: • Gain complete visibility of both process-improvement opportunities, and all process-improvement projects that are in progress • Collate and evaluate all ideas and opportunities for future improvement projects • Demonstrate the value of those projects as concepts, and continue to track their value both as they’re being changed, and after completion • Ensure all projects in progress remain aligned to the business goals that they were created to help achieve • Give everyone a fast, simple overview of all process-improvement efforts happening across the business, with a clear view of where they all fit into the big picture To get all of this in a single platform, many organizations are turning toward project portfolio management (PPM) platforms. PPM technology is designed to help businesses keep track of huge numbers of complex projects and manage all of them from a single plane of glass. The problem is, with generic PPM solutions, you only gain generic capabilities—and process-change projects can be very different than the sort of large, capital-intensive projects for which most PPM solutions are designed. Learn more INTRODUCING ORACLE’S INSTANTIS ENTERPRISETRACK If you’re planning your journey to process excellence, visit our website oracle.com/goto/Instantis or talk to us today. Find out how Oracle’s Instantis EnterpriseTrack can help you get there faster, and deliver predictable results that are aligned with your business strategy. Oracle’s Instantis EnterpriseTrack is a different breed of PPM solution. It’s designed for change projects, so it doesn’t end when the project is completed. Instead, it enables you to keep tracking the results of your projects (helping you see the real impact of process improvements) and make a stronger business case for your next project. It provides a simple, clear overview of all change projects happening within your organization. And because it’s deployed in the cloud, it’s extremely easy for you to give total project visibility to every stakeholder who needs it. Copyright © 2016, Oracle and/or its affiliates. All rights reserved. Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. VDL25244 160323
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