Here's a list of questions to ask when assessing your company's overall efficiency.

1. HOW EFFICIENT IS
YOUR BUSINESS
Assessing your business efficiency
Your company's efficiency is priority #1 if you are looking to grow
your business. First and foremost, it's important to have a clear overall
business strategy and mission statement. Next, you should ask yourself:
"What are the internal factors holding us back? Do we have an efficient
workflow?"
In order to find the answers to these questions and determine what you
can do about any inefficiencies found, assess the following...
KEY ASPECTS TO LOOK INTO
Review Financial Position &
Create Budgets to Fund Improvements
If you've realized from the above questions that improvements are necessary to
increase efficiency at the company, then it's time to take a look at your financial
position in order to set aside an IT budget or any other budget.
N A M T E K C O N S U L T I N G S E R V I C E S
PROFESSIONAL
SKILLS
- What Management Software System are you currently using?
- If you currently use many smaller systems for different functions (Accounting,
Sales, Inventory), how do your different departments communicate with each other?
- Can this system handle any rapid growth?
- When was the last time you upgraded your IT software?
- Are you using the latest technologies on the market to increase productivity? (such
as Business Mobile Apps)
- Can business processes be simplified with a new or upgraded system?
- How much time does your team spend on manual data entry?
EMPLOYEES
- Do you have the right people
working for you?
- How happy are your employees?
- Do managers listen to employees'
ideas to improve processes?
N E X T S T E P S . . .
Conduct a Market & Customer Analysis
Look for any changes in the market and in your customers' needs and wants. Also,
take a look at new and emerging trends and services that may affect your industry
and company, either now or in the near future.
Redefine Business Goals
IT
- Can your management team handle
growth?
- Do you currently have the skills available
that you need in IT, sales, etc.
- If not, have you thought about
outsourcing these skills?
- Does your staff need to be retrained on
new or improved skills?
www.namtek.caConsulting Services
N A M T E K
New goals should be defined to improve overall efficiency at the company. Once
you can pinpoint what all the inefficiencies are, your team can work towards
making the necessary improvements with clear goals and strategies.