David Palmieri, MD of client service delivery at BNY Mellon, shares his top three tips on how to perfect your business process management.
1. Focus on work culture
Focus as much on cultural change aspects as much with the technology aspects. Start with things like an assessment of readiness for change within the organisation. Understand what the employees’ perception is of their tools, and how they’re used and whether or not they actually help them to do their jobs. These are all things that are typically found in any annual employee satisfaction survey. Those things are usually pretty telling, especially if they provide a lot of verbatim-type commentary. So I would say start with an assessment. Look at learning and development and look at recognition and rewards systems to make sure that employees have an incentive to do the right thing. Culture is huge.
2. Don’t rely on gut feeling