3.

(1)

A) Bottlenecks

Just because a process has been executed one way for a long time doesnt necessarily make it the best option. Often, companies will overlook sources of process slowdowns because of their lack of visibility and inability to understand the impact of a bottleneck.

These bottlenecks are sometimes the result of not adapting to new technologies -- or gatekeepers demanding control over a specific phase of a process. Regardless of the reason, process hurdles can cause major slowdowns, with far-reaching financial impacts.

General Electric reported that just a 1 percent improvement in oil recovery was worth 80 billion additional barrels per year -- the equivalent of billions of dollars in additional revenue. Another GE finding: Avoiding just one day of down-time on an offshore platform can prevent $7 million per day in lost production.

The fix. Adapting to new technologies and being open to new solutions is the best way to improve processes. Be aware of a process that seems to be slowing down your business and actively pursue a way to improve it.

B) Poor systems integration

The growth of automation has led to more systems and solutions being in place than ever before, each requiring a set of processes to enable its successful use. According to an IDC survey, The Document Disconnect, over 80 percent of business leaders surveyed from sales, HR, procurement and other departments agreed that problems arise because they have different internal systems/applications that dont talk to each other," while 43 percent of workers surveyed said they often have to copy/paste or rekey in information.

Without a standardized solution, such as a SaaS platform that streamlines processes, employees are forced to continuously shift between disparate sources of information, resulting in productivity issues and even greater employee churn.

One major Fortune 500 automotive company cited in the report uses Sharepoint for document repository, Lync for collaboration, two separate document management systems and email for collaborating on critical business processes, such as managing supplies for a new product development initiative. Each process flow lives in a disparate system.

Question:

1. Make a creative explanation, explaining points No 3 , Please make a creative explanation and based on No 3