Tag Archives: process improvement

Creating and Executing a Successful Digital Transformation Strategy: A Comprehensive Guide

In the ever-evolving landscape of business, digital transformations have emerged as a crucial avenue for growth and success. These transformations, however, are not merely about adopting the latest technological trends. They require a strategic and holistic approach, with top management, particularly the CEO, at the helm. In this comprehensive guide, we will delve into theContinue reading “Creating and Executing a Successful Digital Transformation Strategy: A Comprehensive Guide”

The Importance of Including Process Costs in the Profit and Loss Statement

In today’s competitive business landscape, organizations strive to optimize their operations to deliver maximum value to their customers while minimizing costs. One crucial aspect often overlooked in this pursuit is the consideration of process costs within the Profit and Loss (P&L) statement. Process costs, as demonstrated by real-world data and examples, play a significant roleContinue reading “The Importance of Including Process Costs in the Profit and Loss Statement”

Eliminate Inefficient Processes

Are you tired of wasting valuable time and resources on inefficient processes? Do you want to learn how to streamline your workflow and increase productivity? Look no further than my new process improvement book! The journey to building successful business processes begins with understanding their essence. A process is a sequence of steps that transformContinue reading “Eliminate Inefficient Processes”

How To Automate Digital Folders With My Excel VBA Digital Folder Automation Code Template | Macros Digital Folder Code | Small Business Digital Folder Visual Basics Application ?

Are you tired of manually creating digital folders? Look no further! I have created a customizable Excel VBA Digital Folder Automation Code Template | Macros Digital Folder Code | Small Business Digital Folder Visual Basics Application that is easy to set up and run. This template is perfect for small business owners, data analysts, businessContinue reading “How To Automate Digital Folders With My Excel VBA Digital Folder Automation Code Template | Macros Digital Folder Code | Small Business Digital Folder Visual Basics Application ?”

Planning, Budgeting and Forecasting

Profitability and optimized performance pressure from top management are driving CFOs and Finance executives to develop and maintain effective financial planning and analysis skills. It also means going beyond the numbers by bringing the voice of the customer into the spectrum. To deliver exemplary financial planning and analysis results, you must have clear understanding ofContinue reading “Planning, Budgeting and Forecasting”

E.O.W(End of the Week) Notable Tip: Reduce RFP Lead Times

Happy Friday! I hope you’ve had a great week. Today, I will discuss how you can optimize your CRM management process for reducing RFP (request for proposal) lead times while increasing profitability. By developing a client quality plan it becomes easier to vet prospects which makes RFP analysis much easier. RFP lead times (time takenContinue reading “E.O.W(End of the Week) Notable Tip: Reduce RFP Lead Times”

Special Offer: Free Business Magazine subscription and books*

Happy Hump Day! Notable will help you start or expand your corporate library when you sign up for our Lean Six Sigma/Process Improvement or Accounting services. You can choose a 1 year subscription to Entrepreneur Magazine (can choose Forbes magazine) or 3 best selling business books: Contact us now to sign up for our processContinue reading “Special Offer: Free Business Magazine subscription and books*”

Days Sales Outstanding: Get Paid Faster tips

You’ve made a sale! That’s great but the customer hasn’t paid and the invoice is now 90 days past due. This scenario is common amongst many businesses. Many businesses resort to offering extended payment terms but this is a bad idea because it affects their cashflow. What you really want is client satisfaction because whenContinue reading “Days Sales Outstanding: Get Paid Faster tips”

Lean Wednesday Tip: Unstable Processes

“A process that is not under control or is unstable displays patterns of variation. Unstable processes have variation that is unpredictable; the magnitude of the variation could change from one time period to another.”