How to quickly improve operational efficiency to rapidly drive growth
- E166
- 54:19
- July 17th 2021
How to quickly improve operational efficiency to rapidly drive growth
Marcel Petitpas is the CEO and Co-founder of Parakeeto, an agency profitability platform that modern digital and creative agencies use to scope and measure more profitable projects in record time. They help agencies and consultancies automagically create accurate and data-driven estimates for their projects in seconds. They utilize the time-tracking data of their clients to get the results they need for their project estimations.
In this episode, Marcel shares his from his experiences and insights to explain how to quickly improve operational efficiency to rapidly drive growth. Insights he shares include:
- What is operational efficiency
- What to improve first productivity or efficiency
- How to create a baseline of operations
- How to measure and improve operational efficiency
- The best ways to refine processes to improve operational efficiency
- Automating repeatable work
- Supporting people and managing employee time wisely and transparently
- How to set the right KPIs set for each team member
- When to hire new people
- Developing a financial strategy based on operational efficiency
- Saying no to tiny margins
- Leveraging technology
- Challenges in measuring operational efficiency
- Removing barriers in the data flow & analysis
- Leveraging software/automation to increase operational efficiency
- and much much more ...
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