Do you know what a process is? Did you know processes are not just a business thing, we live life doing processes each and every day. In my world, they are all about your business, in a students world they are all about studying, learning and living life.
I found this article that traces the history of how the process became known. It’s pretty interesting and is what actually came to be used to create the first production line. Processes can be traced all the way back to 1700’s in a pin factory. They designed a way to make a pin, it involves 18 people.
Why should we care about how many people it takes make the pins, or how many steps are in the process? Well, Smith found that by creating a process and assigning the steps to individual specialists, productivity increased 24,000%.
How can implementing processes improve your business? Let me know what you think?