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Part 1:Min of 150 words
Determine at least two (2) challenges in identifying Opportunity for Improvements (OFIs). Suggest at least one (1) strategy that business management can use to mitigate the challenges in question. Provide a rationale to support your suggestion.
Part 2: Respond and comment your opinion in a min of 100 words
The first challenge in identifying OFIs comes to businesses of all sizes. It is when the decision makers are too close to the business to see how they can improve processes. This may be a blaringly obvious change that another on the outside looking in can see but because they are “in the thick of things” they are blinded to opportunities that are right in front of them.
The other is related to personnel. People are naturally lazy and tend to operate in a sphere that they find comfortable. This may cause managers or leaders of an organization to forgo looking for OFI’s because they are comfortable in their own (sometimes unproductive) little world. This can be frustrating for employees and may cause loss of talent in the organization as many talented individuals will look for an efficient organization.
The best way to mitigate both of these issues is to honestly evaluate the processes being utilized on a regular basis. The most effective way to do this is by having an outside consultant come in and provide an unbiased, professional assessment of the processes. This will ensure that the most efficient processes are in place and keep the employees as efficient as possible.