Claims Outlay Recovery for XXXXXXXXXXXXX Ltd – An analysis of a recently undertaken process redesign and commentary on its effectiveness
Submission Date : 15th April 2013
Word Count: 3654 (Excl. Title page, contents, Exec Summary, Figures, references, bibliography)
1) Executive Summary 2
2) Introduction 3
a) XXXXXXXXXXXXX Ltd 3
b) Scope Of The Review 4
c) Current Cash Collection Process 6
d) Objectives 7
3) Business Process Review 7
1) Step 1 : Schedule planning and programme development 9
2) Step 2 : Review the current process 10
3) Step 3 : Speak to job holders about the current process 11
4) Step 4 : Draft process maps based on the current process and obtain job holder feedback 12
5) Step 5 :
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Given this, the management team made the decision to undertake a review of the cash recovery process itself with a view to developing a new strategy which would speed up cash collections.
The process review was commenced by management in September 2012. By January 2013 however it became clear to the management team that although they had an idea of what they wanted to achieve, and the issues they believed were preventing this, they were not equipped to complete the process review themselves. At this time I was approached by them and retained as a consultant with a view to not only completing a full process review and implementation, but also to ensure that the process put in place was scalable for the increasing business they were expecting to take on over the coming 24 months.
It was clear from my analysis of the initial XXXXXXXXXXXXX process design (what little of it their was) that little thought or analysis was carried out into the market generally or what they were looking to achieve or felt would be reasonable before they designed the initial process. The process itself was decided on by a few members of the senior management team in isolation
The first step in the process is to identify and define the problem at hand. During this step, all the information is gathered and looked over. This allows for the problem to be clearly identified and hopefully making the whole process easier. Step two of the process is to begin generating possible solutions. In this step, managers can begin formulating one or several potential solutions (Lombardi, Schermerhorn, & Kramer). Before going onto step three, some additional information may be required, because step three is when a plan of action is chosen. In the fourth step, the chosen plan is implemented. It is the responsibility of the manager to make sure this portion goes smoothly. Everyone on the team should know exactly what they should be doing. The final step in the process is to review the results. In reviewing the outcome of the action plan that has been chosen, you may find things that need to be altered and you may find things that are going perfectly. At this point the appropriate changes should be made.
Steps such as interviews you may have conducted, transactional testing, document reviews, the timeframe under review, research you might have done, and anything else to investigate the issue.
The business will need to set up a review that looks into what is happening during the implementation process so that they can rate how things are going, not what until the end of the process as they could get caught well short of the expectations of the policies.
The steps listed below served as a guide showing how the company went about improving the current work flow:
Dissimilar sources plan altered steps involved in the planning process, but in this case I will discuss on seven steps that are involved in the entire process. The first step is goal setting. This basically involves coming up with the main objectives and goals that the company wishes to establish within a particular period of time. It is a very important section because the company will operate with a view of the goal in mind, if it is not clearly established, and then the business could lose direction along the way. After goal setting, we have development of the planning premises, where the plans are prepared and any underlying conditions defined. This is where there is an assessment of the environment and any constraints or
Having decided this, the next part of the process is, based on what the managers
The chart below reveals the stages of the planning process and the cyclic nature of evaluation. In other words, there
Process Analysis: The process analysis for this project will include a step by step breakdown of the process phases. These phases will be used to convey the needed inputs and outputs of the operations in order to improve the overall process. This operation will also help improve the current situations which is plaguing Verizon. For instance, shortening hold and help times, organizing the website and phone menus, offering surveys for everyone, and enhancing customer service practices. This will also help remove any superfluous waste thus increasing the overall effectiveness within the process. This process will also include specific issues, internal and external impacts,
Start with this process diagram that pictures the original process. Modify this diagram to show how the process team decided to change the process to
The CIO engaged every single IT employee—totaling 150+—to help redesign the new processes. He enlisted subject-matter experts within and outside the company to create future-state process maps, which he then had printed and put on display in conference rooms. He gave the IT department a two-week review period in which employees could be facilitated and guided through the new process steps. The CIO asked the IT employees to question the designs and put forth suggestions or ideas for improving them.
All the management team thought that going through the details of each of the process had been useful. It had produced information that had not been collected before, such as the actual percentage of recycled and rejected applications at each stage. Also it had prompted an interesting debate around the appropriateness of the time allowances for each activity and the sequence of the activities. For example, the underwriting activities had always preceded the offer stage activities in all the centres. Yet there was no technical reason why the underwriting and offer activities could not be performed in parallel. “When all applications were purely paperbased it would not have been possible to perform activities in parallel unless the documents had been physically copied and even then it
Guidelines and instructions are provided to related parties. Managers and supervisors were monitoring the process and couldn’t find any problems during the process. It was very successful to mark it at 6 if it was possible as no negative feedbacks and everyone was following the instructions. I have learnt very good planning and managing skills in handling my future planning of managing risks.
Fueled by the continuing demand for corporate transformation, there has been a flood of BPR consultants and a proliferation of methodologies, techniques, and tools (MTTs) for conducting business process change projects. Faced with this onslaught, BPR project planners often confused as to which methods are best suited for the project at hand (Ives 1994). This research will seek to detail the current lengthy recruitment process within the Public Service and the impact it has on the Public Service. The report will illustrate the scope, business case, analysis for improving the recruitment process in terms of BPtrends methodology.
changes in the market that deal with quality. This is important so they can deal
Stage 2: Brainstorming with managers, engineers and contractors has helped to perceive the realities surrounding the contract process, the payment structure, and the governing factors.