Operational Efficiency Diagnostic
Efficiency and cost control remains one of the most challenging issues for many organisations. However, knowing where to focus can be an issue. Our efficiency diagnostic can provide a quick, targeted route to zeroing-in on where effort and money is being spent and priority areas that will provide the best return on investment.
Our experience of reviewing operational efficiency can provide a quick, targeted route to zeroing-in on where effort and money is being spent and priority areas that will provide the best return on investment.
Using this approach, we’ve helped our clients look at:
- Simplification: removing silos and duplicative activity, optimising processes
- People: clearer accountabilities, better spans of control, managing cultural impact
- Location: size and use of footprint and enhancing working environment, particularly post COVID
- Change: prioritizing change budgets, avoiding increased CIR resulting from growth
- Technology & data: taking advantage of automation and becoming more agile
- Profitability: reducing expenses; decisioning on profit vs growth vs funding more change
To take it further and deeper we use a diagnostic approach that enables you to look holistically at efficiency and make quick judgement calls on priority areas of the business to identify further potential efficiencies.
This is not just looking at savings purely through headcount reduction, but also cost avoidance and capacity creation. It is the perfect opportunity to take a step back and assess key areas of the business, to optimise and invest in your future success.