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Workforce slump provides an opportunity

BY DENNY FISHER, Chief Client Experience Officer, ACS

It’s no secret that hiring employees has never been more challenging. In a market where the number of open jobs is greater than the number of available employees, businesses have to think smarter, not harder. How can you increase the employees’ productivity without burning them to the point that they either make mistakes or want to quit? Look to increase efficiency through process improvement and automation.

Process Improvement

Think of the positions you currently have open. Could those salaries be used to facilitate a review and update of your processes and systems to create more efficiencies? Consider these questions, and if the answers are yes, you should consider improving your processes and systems to fill your employment gaps.

Once your processes have been reviewed and updated for efficiency, you can look for systems and platforms that can help automate the steps.

Automation

Often people hear the term automation and immediately think of putting people out of work. Automation is really the opportunity to reduce the workload of manual processes so that employees can focus their energies on priorities that provide more value. The first step is identifying processes that would benefit from automation. Follow these tips:

Automation may require creating a data warehouse or integrating multiple systems. Though this may sound daunting, the ability to share data between systems and across the organization provides value far beyond automation. It also allows the organization to mine that data and derive insights to help the organization identify revenue opportunities and cost reduction strategies.

If you’re struggling to hire talent in this market, perhaps start looking at your processes to see if you can fill the gaps without hiring and without burdening your current employees.

Denny Fisher, Chief Client Experience Officer, ACS
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