The cost of inefficiency has a ripple effect across any company. What appears to be an isolated issue involving an individual or a department will reveal wider reaching problems when investigated.
Inefficiency is when you spend more money than you need to in order to arrive at the same result. It could be labor costs or office supplies, long-distance phone calls, or professional development.
It’s not only about squeezing human and material resources for all they’re worth. It’s about figuring out how things work so that you don’t waste them. That includes people. Like faulty machines, unhappy people are less efficient.
Employee sentiment is key in reducing inefficiency and should be a part of any business optimization process. Efforts to make your workplace more engaging and enjoyable, cleaner, and safer can increase efficiency. That means a better ROI, increased quality, boosted morale, and customer satisfaction.
Fortune 500 companies have devoted significant resources to improving efficiency and have access to information and tools that most small to medium businesses lack, but that can change for your business with EfficientME!
According to Pareto’s Principle (80/20 rule) – 20 percent of input into solving a problem will reap 80 percent of the necessary solution. The actions required will be found in optimizing the staff, the technology they use, and business processes because these three areas impact the business the most.
DatCom’s proprietary method of Staff Enhancement will increase the cognitive skills and proficiency of staff members.
Data Processing Automation (DPA) enhances the effectiveness of technology by using computers to automate 27 percent or more of all daily activity. What takes humans hours to process, takes the computer mere minutes. Also, computers never get sick or take time off and they can work 24 x 7. This reduction in time and percentage has a significant impact on the bottom line of the business.
Third, optimizing business processes and systems so that all activity contributes efficiently to business outcomes decreases costs brought about by unnecessarily repeated processes.
The result is efficient operations, a healthy work environment, intelligent staff, and the ability to add 14 percent more profits without increasing overhead.
“Helping People, Processes, and Technology work together – Smarter”