Forbes: 14 Overlooked Areas Businesses Can Make More Efficient

February 15, 2021

2024

Companies have always been focused on ensuring they are efficient in how their processes work. Even so, both large and small companies may have efficiency problems in some areas. When examining where a business can improve its efficiency, there are a few critical departments that tend to be the “usual suspects.”

Tunnel vision, in this case, can be detrimental to the company as a whole. With management so intent on one area, other departments with glaring inefficiencies may go overlooked. Most companies are aware that increasing process efficiency is an iterative process. Even the most overlooked areas will eventually come into focus.

However, the sooner a business deals with them, the better. Fourteen experts from Forbes Business Council highlight the most overlooked areas that companies should be trying to increase efficiency in, and explain how leaders should approach these issues.

ESG And Impact Management

Externalities are essential. Studies indicate that environmental, social and governance (ESG) and impact management that are tightly woven into operations, sourcing, manufacturing, supply chain, logistics and customer service enhance the bottom-line of businesses while cleaning up the environment and reducing our carbon footprint. It’s where the rubber meets the road. Cleaning up operations truly helps clean up our planet. – Scott Amyx, Astor Perkins

To read the full article, visit Forbes: https://www.forbes.com/sites/forbesbusinesscouncil/2021/02/08/14-overlooked-areas-businesses-can-make-more-efficient/

About Scott Amyx

Managing Partner at Astor Perkins, Top Global Innovation Keynote Speaker, TEDxWallStreet, Forbes, Singularity U., SXSW, IBM Futurist, Tribeca Fellow