Efficient processes are key to maximizing time value

Hiring managers frequently obsess over talent – they want to get all of the best candidates to work at the right positions to ensure optimal results. However, as the Better Managers blog notes, efficiency and profitability have little to do with the capabilities of employees, but everything to do with the processes and systems followed by a company.

Lean manufacturing theory suggests as little as 10 percent of most processes is about the actual duties performed, while 90 percent involves the amount of time it takes to transition from one task to the next. This is called Non-Value Added Time and should be addressed by any company hoping to bolster efficiency.

“Measure the actions through observation and tracking,” the news source suggests. “See the amount of time it takes to complete the activity and how long it takes for the next step to be started. You are looking for the cues and how long it takes to go from one cue to the next. Make sure you document the steps needed to correct any problems.”

That isn't to say the quality of employees' work isn't important. In fact, by making processes more efficient, companies may be better able to pay workers, helping them hang onto that top-level talent.