Developing a Business Process – How It Works

Developing a Business Process – How It Works

Daven Michaels

Daven Michaels

New York Times Bestselling Author, 30-year business veteran, and Executive Chairman of CurrentC Power.

It doesn’t matter the stage you are right now – trying to start a new business or making efforts to enhance your current products, you need a good business process in order to achieve your set goals. You can use a business process to boost quality, efficiency, as well as accountability.

Start by Identifying Your Needs

First, you need to identify your needs by reviewing the challenges that your present productivity is facing, as well as what seems to be hindering your progress. You should make a list of those challenges you need to address and make an attempt to outline them in details. This way, you can identify the source of those challenges or problems.

In addition, you should consider if there’s a better way to accomplish a task more cheaply, efficiently, or achieve greater quality. For instance, you can decide to outsource some tasks and gain greater costs benefits than when you hire the workers in-house.

Additionally, you should watch out for key performance indicators, so that you can figure out what is working well and what is not, or what should be improved on. Always endeavor to trace the source of the problem, so that you can figure out what type of solution would be the most appropriate.

Come up with Specific Objectives

Also, when it comes to identifying your needs in order to create a good business process, you should come up with specific objectives. These objectives should be based on your set goals.

And, ensure that the objectives are measurable, time-bound, as well as specific. You should ensure you set reasonable expectations, as well as the realistic duration to achieve your objectives.

Now, it’s not enough setting specific objectives, you also need to determine those activities that would be needful in fulfilling those objectives. However, you should factor in cause and effect for each activity, as well as their relationships and whether they have increased chances of helping you realize your set goals and objectives.

The activities you choose can be parallel or sequential — in essence, an activity should not take place pending when the other would be completed — or multiple activities can take place simultaneously within the process.

Map Out the Process

Your target should be to make most of the business process’ efficiency. Start by reviewing the activities you listed so that you can spot the steps that are needful. Remove needless activities from the list, especially if they are not directly related to the objective in question. You should endeavor to streamline the process, so that there won’t be multiple and overwhelming, as well as confusing steps.

Finally, in developing a business process, coming up with a flow chart of the process would be helpful.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.

1 thought on “Developing a Business Process – How It Works”

Leave a Comment

SUBSCRIBE FOR ACCESS TO EXCLUSIVE CONTENT.

Recent Posts

Eradicating Global Poverty with Blockchain

Blockchain technology and Decentralized Finance platforms are powerful tools with the potential to improve nearly every aspect of society. In this post, I explore a few ways I think they might be used to revitalize struggling agriculture industries, specifically.

Read More »
This Course Is Invite Only

Sign Up To Join The Private Waiting List

I’ll send you a personal invite once you’ve been accepted.