Terminology
Attrition due to chaos: when a new employee quits because of lack of training caused by workflow and procedural chaos
Business Continuity operational weakness: the state of lacking current, accurate, and accessible workflow documentation and standardized procedures
Continuous improvement: the ongoing act of examining current practices and identifying improvements to those practices
Data blindness: the state of being uncertain when and where key data elements are used in workflows
Duplication of effort: duplicate tasks completed in different workflows and without unique results
Inappropriate system administrator privileges: Administrator-level rights granted to an individual “for the time being” and not revoked when the individual moves to another position
Multiple points of failure: the points within the time-bound phases of a distinct process that, if they occur, reduce the likelihood the objectives of the process will be met
New Talent: a new employee
New Talent Training Plan: the time-bound phases of a training process, from beginning to end, performed to ensure New Talent is exposed to systems and tasks necessary for a trust relationship to develop
Operations Book of Knowledge (OBOK): a single repository of operations knowledge for a department, business unit, or small organization. A key resource during transitions, the OBOK includes important facts, such as department and team structures; descriptions of functions; list of Standard Operating Procedures; vendor lists and contact information; third-party technology subscriptions and access; lists of documents and reports
Standard Operating Procedure: a unique set of tasks performed in a workflow, documented in a standardized format, saved in a shared location, updated regularly and reviewed annually
Tactics: short-range actions taken to support long-range strategies
Unnecessarily complex systems of doing things: a result of growth that doesn’t include documenting workflows or procedures
Workflow: the time-bound phases of a distinct process, from beginning to end, and the procedures performed throughout the process
Workflow mapping: creating a visual diagram of how categories of work move through internal operations and interact with other categories of work
Documented workflows, Standard Operating Procedures (SOPs), and new talent training plans are strategic, confidential documents and key tools for business continuity. Without these essential documents, internal operations can fall into chaos, resulting in:
hampered continuous improvement gains
loss of new talent
duplication of effort
unnecessarily complex systems of doing things
unreasonable workloads
multiple points of failure
inappropriate system administrator privileges
data blindness
absence of business continuity tools
unpreparedness for an AI investment