Discussion - How Inefficient Processes Are Hurting Your Company

Discussion

• Read the weekly lecture.
• Read How Inefficient Processes Are Hurting Your Company (Links to an external site.).
• Read How to Be an Innovative CFO: Transforming Your Role for Organizational Success (Links to an external site.).
• Read How to Spot Inefficiency Within Your Internal Process (Links to an external site.).

From your own work experience, describe a detailed example in which there is inefficiency or disconnects between parts of the business or the organization. Explain what the problem is and why it is inefficient, problematic, or otherwise troublesome to that department or area. Use a graphical aid such as a flow chart or other representation of the problem to help demonstrate the issue. Then explain why this problem creates a larger issue within the organization. Hypothesize a solution that could possibly address the problem for the organization. Your initial response should be a minimum of 500 words.