Challenges in identifying Opportunity for Improvements (OFIs)
Determine at least two (2) challenges in identifying Opportunity for Improvements (OFIs). Suggest at least one (1) strategy that business management can use to mitigate the challenges in question. Provide a rationale to support your suggestion.
Organizations try to improve their processes to enhance their. Organizations have to adopt to strategies that can first identify improvements in their internal processes and then apply solutions to carry out these improvements. Having said that, the identification of these improvements may not be as easy as it looks. There are different challenges that have to be faced while identifying these improvements. For example, one of the challenge is the unpredictable nature of the customers when it comes to identifying their needs. There is no measure that can tell you exactly, what the needs of the customers are which pose a challenge to identifying improvements. The second challenge is the varying individual preferences in intuitive decision making. In both of these challenges, the management is tasked to meet these challenges and identify improvements that can actually be carried out. The management can use the criteria of inclusion and exclusion as a strategy to make sure that they identify the actual needs of the customers and that the individual preferences in decision making can be minimized. This process would clarify what ideas to take forward and what to abandon for the betterment of the organization.