3 Tips That Will Help Your Business Implement A Successful Continuous Improvement Plan - A Navera Group News Article

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3 Tips That Will Help Your Business Implement A Successful Continuous Improvement Plan

Added on July 22, 2018

The concept of continuous improvement has recently become the focus of numerous types of business entities and organizations around the globe. Business leaders now recognize the importance of constantly improving their overall process, products, and services in order to survive in a competitive marketplace. Although most business owners and executives are keenly aware of this, some do not know where or how to get started.

Implementing such a plan can be difficult to say the least. The specific details of how to improve your business on a continuous basis depends on the manner in which your company operates and the type of customers/clients that it serves. However, the following tips can work for any organization when applied properly.  

Assess The Current Situation And Set Clear Goals

Prior to implementing any potential improvements, it is crucial to have a full grasp of the processes and procedures that are currently in place. Business leaders are typically focused on the big picture. They may not be fully aware of all the details that affect the day-to-day operations. That is why it is necessary to bring your executive team and department managers on board at the beginning of the process.

They should have a clear understanding of the organization’s current business practices along with any market trends that could impact the improvement plan. You should also rely on the executive team and department managers to help you set clearly defined goals. They should be both specific and broad in nature. Writing down these objectives will make it easier to track and achieve them.

The next step is to prioritize the goals in order to determine which ones to focus on first. Some of your goals will take precedence over others. Everyone involved in the process should also realize that some goals require a longer-term strategy and will not show immediate results. Time, resources, and finances all factor into the equation.

Implement A Pilot Program

Putting a continuous improvement plan into practice can be risky, especially with a larger organization. Employees do not like change due to the fear that it could jeopardize their jobs and mid-level managers may become overwhelmed with the additional tasks. It makes more sense to implement your improvements to one department or team at a time in the form of a pilot program. That way you can analyze the impact on a small scale and make changes prior to rolling the program(s) out to the entire organization.

Keep The Employees Interested In The Improvements And Allow For Errors

Your employees must fully understand the importance of their involvement in order for the improvements to succeed. Get them involved by asking for suggestions and recognize the employee that come up with good ideas. This will go a long way in getting the employees on board with the program. People tend to go along with the program when they feel that their input is valued. The executive team and department managers also need to realize that it will take time for the employees to adapt to change. They may very well make mistakes implementing them at first so be patient and allow for errors.

Navera Group has twenty years of experience advising middle market and closely held organizations in a variety of business and financial related matters. Our team of experts will work hand in hand with your leadership team to ensure the best overall outcome for your company. If you have any questions, or would like more general information about our array of services, please contact us today.  Phone: 617-356-7516; Email: Info@Naveragroup.com; Website: www.NaveraGroup.com